Strategy Inc

Item 8.01 Other Events. ATM Update On August 3, 2026, Strategy Inc ("Strategy") announced an update with respect to sales made under its at-the-market offering program ("ATM") of the following securities: During Period July 27, 2026 to August 2, 2026 As of August 2, 2026 Security Shares Sold(1) Notional Value (in millions) (2) Net Proceeds (in millions) (3) Available for Issuance and Sale (in millions)(4) STRF Stock - $ $ - $1,619.3 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────── 10.00% Series A Perpetual Strife Preferred Stock STRC Stock - $ $ - $17,510.8 Variable Rate Series A Perpetual Stretch Preferred Stock STRK Stock - $ $ - $2,100.0 8.00% Series A Perpetual Strike Preferred Stock STRD Stock - $ $ - $4,014.8 10.00% Series A Perpetual Stride Preferred Stock MSTR Stock 3,011,361 $ $ 290.6 (5) $22,690.5 Class A Common Stock Total $ 290.6 (1) Includes shares sold but not yet settled as of July 31, 2026. (2) The total face value of the shares of preferred stock sold, which is used to calculate dividends thereon. (3) Net proceeds are presented net of sales commission. (4) As previously disclosed, on March 23, 2026, Strategy announced a new $21.0 billion offering of MSTR Stock (the “MSTR Increase”). The MSTR Stock amount available for issuance reflects the aggregate remaining capacity of both the current offering and the MSTR Increase. Sales under the MSTR Increase may begin once capacity under the existing offering is substantially depleted. (5) $250.0 million in proceeds from MSTR Stock sales were used to increase the USD Reserve, $28.9 million in proceeds from MSTR Stock sales were used to fund repurchases of STRC Stock under the Digital Credit Securities Repurchase Program, and $11.7 million in proceeds from MSTR Stock sales were added to Strategy's cash balance. BTC Update On August 3, 2026, Strategy announced updates with respect to its bitcoin holdings: During Period July 27, 2026 to August 2, 2026 As of August 2, 2026 BTC Sold (1) Aggregate Sale Price (in millions) (2) Average Sale Price (2) Aggregate BTC Holdings Aggregate Purchase Price (in billions) (2) Average Purchase Price (2) ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────── 1,638 $104.73 $63,957 842,138 $63.51 $75,419 (1) $52.4 million in proceeds from the bitcoin sales were used to fund dividends on Strategy's preferred stock and $52.3 million in proceeds from the bitcoin sales were used to fund repurchases of STRC Stock under the Digital Credit Securities Repurchase Program. (2) Aggregate and average purchase prices are inclusive of fees and expenses; aggregate and average sale prices are net of fees and expenses. Repurchase Program Updates On August 3, 2026, Strategy announced an update with respect to its share repurchase program of the following securities: During Period July 27, 2026 to August 2, 2026 Security Shares Repurchased Aggregate Purchase Price (in millions) STRF Stock(1) - $ - ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────── 10.00% Series A Perpetual Strife Preferred Stock STRC Stock(1) 912,143 $ 81.2 Variable Rate Series A Perpetual Stretch Preferred Stock STRK Stock(1) - $ - 8.00% Series A Perpetual Strike Preferred Stock STRD Stock(1) - $ - 10.00% Series A Perpetual Stride Preferred Stock MSTR Stock(2) - $ - Class A Common Stock Total 912,143 $ 81.2 (1) $893.8 million aggregate purchase price of Strategy’s preferred stock remains available under the Digital Credit Securities Repurchase Program previously announced on June 29, 2026. (2) $1.0 billion aggregate purchase price of Strategy’s class A common stock remains available under the MSTR Repurchase Program previously announced on June 29, 2026. Dividend Rate on Variable Rate Series A Perpetual Stretch Preferred Stock On July 31, 2026, Strategy announced that it will maintain the regular dividend rate per annum on STRC Stock effective for semi-monthly periods commencing on or after August 16, 2026 at 12.00%. Strategy announced this rate via its website, www.strategy.com/strc. Such rate shall have no effect on any previously declared but unpaid dividends on STRC Stock. As previously announced, management does not intend to recommend to our board of directors a change from the current 12.00% per annum dividend rate for STRC Stock until STRC Stock demonstrates sustained trading at or near its $100 stated amount. Cash Dividend Declaration On July 31, 2026, Strategy’s board of directors declared semi-monthly cash dividends on STRC Stock, payable on August 31, 2026 to stockholders of record as of 5:00 p.m., New York City time on August 15, 2026, and payable on September 15, 2026 to stockholders of record as of 5:00 p.m., New York City time on August 31, 2026, as summarized in the table below. Preferred Stock Ticker Period Cash Dividend Per Share Variable Rate Series A Perpetual Stretch Preferred Stock, $0.001 par value per share STRC Semi-monthly period ending August 31, 2026 $0.50(1) Variable Rate Series A Perpetual Stretch Preferred Stock, $0.001 par value per share STRC Semi-monthly period ending September 15, 2026 $0.50(1) ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────── (1) The cash dividend declared on STRC Stock for each semi-monthly period represents a per annum dividend rate of 12.00%. Expected Tax Treatment As of August 3, 2026, Strategy expects that the dividends payable on August 31, 2026, and September 15, 2026, will be characterized as non-taxable returns of capital to the extent of a shareholder’s tax basis in their STRC Stock for U.S. federal income tax purposes. Special tax considerations may apply to certain taxpayers based on their specific circumstances. Shareholders should consult their own tax advisors regarding the U.S. federal, state, local, and any non-U.S. tax consequences to them in connection with the receipt of distributions. USD Reserve Update Strategy maintains a US dollar reserve (the "USD Reserve") intended to support the payment of dividends on Strategy’s preferred stock and interest on its outstanding indebtedness. As of August 2, 2026, the balance of the USD Reserve is $4.0 billion. This amount includes expected cash proceeds from shares sold under Strategy’s ATM that had not yet settled as of such date.

Item 7.01 Regulation FD Disclosure. Strategy Dashboard Strategy also maintains a dashboard on its website (www.strategy.com) as a disclosure channel for providing broad, non-exclusionary distribution of information regarding Strategy to the public, including information regarding market prices of its outstanding securities, bitcoin purchases and holdings, certain key performance indicator metrics and other supplemental information, and as one means of disclosing non-public information in compliance with its disclosure obligations under Regulation FD. Investors and others are encouraged to regularly review the information that Strategy makes public via the website dashboard. Furnished Information The information disclosed pursuant to Item 7.01 in this Current Report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.