Business Context and Reporting Period
This Form 8-K Current Report is filed by Strategy Inc for the date of August 31, 2026. The filing primarily addresses dividend declarations and rate adjustments for the Company's various series of perpetual preferred stock. The Company maintains a public dashboard for disclosing market prices, bitcoin holdings, and key performance indicators.
Key Financial Metrics and Dividend Declarations
The filing details specific cash dividend declarations effective for periods commencing in September and October 2026. No revenue, profit, or cash flow metrics for the operating business are provided in this specific filing.
| Preferred Stock Series | Ticker | Period | Dividend Per Share | Annualized Rate |
|---|---|---|---|---|
| 10.00% Series A Perpetual Strife | STRF | Quarter ending Sept 30, 2026 | $2.50 | 10.00% |
| Variable Rate Series A Perpetual Stretch | STRC | Semi-monthly ending Sept 30, 2026 | $0.50 | 12.00% |
| Variable Rate Series A Perpetual Stretch | STRC | Semi-monthly ending Oct 15, 2026 | $0.50 | 12.00% |
| 10.00% Series A Perpetual Stream | STRE | Quarter ending Sept 30, 2026 | €2.50 | 10.00% |
| 8.00% Series A Perpetual Strike | STRK | Quarter ending Sept 30, 2026 | $2.00 | 8.00% |
| 10.00% Series A Perpetual Stride | STRD | Quarter ending Sept 30, 2026 | $2.50 | 10.00% |
Liquidity and Debt: The filing does not provide specific data on total debt, liquidity ratios, or operating cash flow. The Company has multiple classes of perpetual preferred stock outstanding, representing fixed and variable interest obligations.
Material Changes
- STRC Dividend Rate: The Company announced it will maintain the regular dividend rate on the Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) at 12.00% per annum for semi-monthly periods commencing on or after September 16, 2026.
- STRC Trading Target: Management intends to recommend maintaining the 12.00% rate until STRC demonstrates sustained, healthy trading near $100 per share.
Guidance, Outlook, and Risks
Tax Treatment: The Company expects that dividends payable on September 30, 2026, and October 15, 2026, will be characterized as non-taxable returns of capital to the extent of a shareholder's tax basis for U.S. federal income tax purposes. Shareholders are advised to consult tax advisors regarding specific circumstances.
Forward-Looking Statements: The filing contains forward-looking statements regarding future dividend payments and tax treatment. Actual results may differ due to uncertainties in future operations, tax benefits, and market fluctuations. The Company disclaims any obligation to update these statements.
Risks: Risks include fluctuations in tax provisions, assumptions underlying projections, and factors detailed in the Company's Form 10-Q filed on August 3, 2026.
Investor Verification Checklist
- Verify the record dates for each preferred stock series (September 15, 2026, for STRE; September 15, 2026, for STRC; September 30, 2026, for others).
- Confirm the current trading price of STRC relative to the $100 per share target mentioned by management.
- Review the Company's Form 10-Q filed on August 3, 2026, for detailed risk factors and financial position.
- Consult a tax advisor regarding the "return of capital" characterization for the declared dividends.
- Check the Company's website dashboard for updated bitcoin holdings and market prices.