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MSTRStrategy Inc
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Form 8-KFriday, November 7, 2025High Impact
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Strategy Inc Announces Pricing of €620M STRE Stock Offering

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Summary

Strategy Inc announced the pricing of its initial public offering on November 6, 2025, for 7,750,000 shares of 10.00% Series A Perpetual Stream Preferred Stock (STRE Stock) at €80.00 per share, as detailed in Ex. 99.1. The offering is scheduled to settle on November 13, 2025. Gross proceeds are approximately €620.0 million ($715.1 million), with estimated net proceeds of €608.8 million ($702.2 million) after deducting expenses. The company intends to use the net proceeds for general corporate purposes, including the acquisition of bitcoin and for working capital.

Why It Matters

The pricing of this STRE Stock offering, generating estimated net proceeds of €608.8 million (via Ex. 99.1 press release), is material as it provides significant capital for general corporate purposes, including the acquisition of bitcoin. This impacts the company's financial liquidity and strategic investment capacity.

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Key Quote

The Company's gross proceeds from the Offering will be approximately €620.

— From Item 1.01

Filing Details

Reported Items

Item 1.01Entry into Material Agreement
Item 8.01Other Events
Item 9.01Financial Statements and Exhibits

Additional Information

CIK Number
0001050446
Filing Date
Friday, November 7, 2025
Filing Time
12:00 AM UTC
Form Type
8-K
Materiality Level
high
Sentiment
neutral