The amendments are administrative and do not change the economic terms materially. Monitor for any future dividend payment changes or additional issuances under the amended designations.
Price Chart
Executive Summary
Strategy Inc filed an 8-K to amend and restate the certificates of designations for three series of perpetual preferred stock (8.00% Series A Perpetual Strike, 10.00% Series A Perpetual Strife, and Variable Rate Series A Perpetual Stretch), effective January 1, 2027. The amendments shift dividend accumulation from monthly to semi-monthly periods, adjust dividend payment mechanics, and update definitions. The filing also includes shareholder vote results approving these changes. This is a routine capital structure amendment with no material financial impact.
Key Facts
- Amended and restated certificates of designations for three series of perpetual preferred stock, effective January 1, 2027 at 12:01 a.m. Eastern.
- 8.00% Series A Perpetual Strike Preferred Stock: authorized shares 40,270,744, initial Conversion Rate 0.1000 shares of Class A common stock per preferred share, Floor Price initially $119.03.
- 10.00% Series A Perpetual Strife Preferred Stock: authorized shares 33,200,000, Regular Dividend Rate 10.00% per annum, dividends payable only in cash.
- Variable Rate Series A Perpetual Stretch Preferred Stock: authorized shares 33,200,000, variable dividend rate based on the greater of SOFR plus spread and a minimum rate.
- Dividend accumulation changes from monthly to semi-monthly periods for all three series.
- Shareholder vote approved the amendments to the certificates of designations.
- The amendments were adopted by the Board of Directors and stockholders in accordance with Delaware law.
Financial Impact
No material financial impact; routine capital structure amendments to preferred stock terms.
Risk Factors
- No material risks identified from this filing.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-437776 |
| Document: mstr-ex3_1.htm | 0001193125-26-437776 |
| Document: mstr-ex3_2.htm | 0001193125-26-437776 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 29, 2026 3d ago | 8-K | $141.00 | awaiting T+5 | awaiting T+5 | $130.51 (−7.44%) |
Oct 29, 2026 3d ago | 8-K | $140.95 | awaiting T+5 | awaiting T+5 | $130.51 (−7.41%) |
Oct 28, 2026 4d ago | 8-K | $145.16 | awaiting T+5 | awaiting T+5 | $130.51 (−10.09%) |
Oct 26, 2026 6d ago | DEFA14A | $141.40 | awaiting T+5 | awaiting T+5 | $130.51 (−7.70%) |
Oct 26, 2026 6d ago | 8-K | $139.82 | awaiting T+5 | awaiting T+5 | $130.51 (−6.66%) |
Oct 21, 2026 11d ago | Institutional Cluster | $145.80 $141.62 | ▼ −2.87% | ▼ −3.57% | $130.51 (−10.49%) |
Oct 20, 2026 12d ago | DEFA14A | $153.48 $141.40 | ▼ −7.87% | ▼ −7.43% | $130.51 (−14.97%) |
Oct 20, 2026 12d ago | DEFA14A | $142.72 $141.40 | ▼ −0.92% | ▼ −1.00% | $130.51 (−8.56%) |
Oct 19, 2026 13d ago | DEFA14A | $142.72 $141.40 | ▼ −0.92% | ▼ −1.00% | $130.51 (−8.56%) |
Oct 19, 2026 13d ago | DEFA14A | $136.02 $139.82 | ▲ +2.79% | ▲ +2.94% | $130.51 (−4.05%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers