Bitcoin Vault Company Signs New Contract for Simultaneous Sale of Common and Preferred Shares

Strategy Inc (MSTR/STRK/STRF/STRD/STRC), a U.S. Bitcoin treasury and business‐intelligence software company, on November 4, 2025 entered into an amended and restated “Strategy Omnibus Sales Agreement” with leading broker‐dealers. Under the new unified program, the company may issue and sell Class A common stock and multiple series of preferred stock on an at‐the‐market (ATM) basis.

This agreement replaces the prior stand‐alone sales arrangements and comprehensively revises the maximum issuance limits, minimum sale prices, settlement mechanics, notice procedures for issuances, and representations and warranties. It also clarifies the structure for equity sales utilizing the automatic shelf registration on Form S-3ASR.

Between February 23 and March 1, 2026, Strategy Inc used proceeds from its ATM program to acquire an additional 3,015 bitcoins for approximately $204 million (roughly ₩270 billion), bringing its total holdings to 720,737 bitcoins. The company’s cumulative bitcoin purchases are now estimated at $54.77 billion (about ₩71 trillion), making it the largest public‐company holder of bitcoin.

Formerly known as MicroStrategy until its name change in 2025, Strategy Inc is a Nasdaq‐listed “bitcoin treasury company” that holds bitcoin as its primary financial asset while also providing AI-based enterprise analytics software. In U.S. markets, its stock is regarded as an indirect bitcoin investment vehicle, cited as a leading example of bridging digital assets and traditional capital markets.