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FILINGStrategy (MSTR) · 8-K · accepted Monday, May 11, 2026, 8:00 AM ET

Strategy bought 535 BTC, bringing its total to 818,869 BTC; raised $43.0M selling common and STRC

From Strategy’s 8-K, accepted by the SEC on May 11, 2026 at 8:00 AM ET, covering May 4 to May 10.

What it says

Strategy's 8-K reports ATM sales and bitcoin purchases for May 4, 10, 2026: 535 BTC acquired for $43.0M, bringing total holdings to 818,869 BTC.

The numbers

Bitcoin bought535 BTCMay 4 to May 10
Average price$80,340per bitcoin
Cost$43.0M
Bitcoin held after818,869 BTC
ATM capacity left$26.35Bas of May 10
ATM capacity left · STRC$19.46Bas of May 10
ATM capacity left · STRD$4.01Bas of May 10
ATM capacity left · STRF$1.62Bas of May 10
ATM capacity left · STRK$2.10Bas of May 10
ATM net proceeds$42.9Mas of May 10
ATM net proceeds · STRC$100,000as of May 10
ATM net proceeds · STRD$0as of May 10
ATM net proceeds · STRF$0as of May 10
ATM net proceeds · STRK$0as of May 10
ATM shares sold231,324 sharesas of May 10
ATM shares sold · STRC1,412 sharesas of May 10
ATM shares sold · STRD0 sharesas of May 10
ATM shares sold · STRF0 sharesas of May 10
ATM shares sold · STRK0 sharesas of May 10
Average bitcoin cost$75,540as of May 10
Total bitcoin cost$61.86Bas of May 10

What it changed

Bitcoin held
818,334 BTCbefore
818,869 BTCafter this filing
From the filing
mNAV
1.39xMay 8 close
1.39xpro forma at May 8’s prices
1.41xMay 11 close
Enterprise value (diluted market value plus debt and preferreds, minus cash) ÷ bitcoin held. Pro forma: this filing’s bitcoin at the previous close’s prices
Sats per diluted share
213,366May 8 close
213,376May 11 close
Bitcoin per diluted share × 100 million
Years of preferred dividends covered
47.5 yrsMay 8 close
48.4 yrsMay 11 close
Bitcoin and cash ÷ a year of preferred dividends at current rates (note interest not included yet)

Also that day

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 11, 2026, 8:00 AM ET. Accession 0001193125-26-215754.
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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Orange Paper reads every Strategy and Strive filing as it lands and checks each figure before publishing. Figures from filings link to SEC EDGAR; our own calculations are labelled. Not investment advice.