FILINGStrategy (MSTR) · 8-K · accepted Monday, May 4, 2026, 8:00 AM ET

Strategy raised $82.0M selling common

From Strategy’s 8-K, accepted by the SEC on May 4, 2026 at 8:00 AM ET.

What it says

Strategy reports that for April 27 to May 3, 2026 it sold 492,210 MSTR shares under its ATM for $82.0M net and bought no bitcoin, holding 818,334 BTC.

The numbers

ATM capacity left	$26.39B	as of May 3
ATM capacity left · STRC	$19.46B	as of May 3
ATM capacity left · STRD	$4.01B	as of May 3
ATM capacity left · STRF	$1.62B	as of May 3
ATM capacity left · STRK	$2.10B	as of May 3
ATM net proceeds	$82.0M	as of May 3
ATM net proceeds · STRC	$0	as of May 3
ATM net proceeds · STRD	$0	as of May 3
ATM net proceeds · STRF	$0	as of May 3
ATM net proceeds · STRK	$0	as of May 3
ATM shares sold	492,210 shares	as of May 3
ATM shares sold · STRC	0 shares	as of May 3
ATM shares sold · STRD	0 shares	as of May 3
ATM shares sold · STRF	0 shares	as of May 3
ATM shares sold · STRK	0 shares	as of May 3

What it changed

mNAV

1.36xMay 1 close

1.37xMay 4 close

Enterprise value (diluted market value plus debt and preferreds, minus cash) ÷ bitcoin held

Sats per diluted share

213,640May 1 close

213,366May 4 close

Bitcoin per diluted share × 100 million

Years of preferred dividends covered

46.4 yrsMay 1 close

47.4 yrsMay 4 close

Bitcoin and cash ÷ a year of preferred dividends at current rates (note interest not included yet)

Also that day

Strive says as of May 1, 2026 it held 15,000 bitcoin8-K · 7:59 AM ET The Peel: SATS’s first day: closed at $94.61 · Strive filed two 8-KsWednesday edition

Source

Form 8-K filed by Strategy Inc with the SEC, accepted Monday, May 4, 2026, 8:00 AM ET. Accession 0001193125-26-202611.

Read the filing on SEC EDGAR ↗

Summary and figures read from the filing by Orange Paper’s filing reader and checked before publishing. Calculations (pro forma and close figures) are ours.

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