Strategy Inc Purchases 2,486 Bitcoin and Raises $169 Million Through ATM Program

Strategy filed a Form 8-K with the U.S. Securities and Exchange Commission on February 17th, 2026, reporting recent activity under its at-the-market (ATM) offering program and updated Bitcoin holdings.

Between February 9th and February 16th, 2026, the company acquired 2,486 Bitcoin at an aggregate purchase price of $168.4 million, representing an average purchase price of $67,710 per Bitcoin, inclusive of fees and expenses. 

The filing states that the purchases were made using proceeds from share sales under the ATM program.

During the same period, Strategy reported $169.0 million in total net proceeds from ATM sales. 

The company sold 785,354 shares of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) for $78.4 million in net proceeds, based on $78.5 million in notional value. 

It also sold 660,000 shares of its Class A common stock for $90.5 million in net proceeds. 

No shares were sold during the reporting window under its 10.00% Series A Perpetual Strife Preferred Stock (STRF), 8.00% Series A Perpetual Strike Preferred Stock (STRK), or 10.00% Series A Perpetual Stride Preferred Stock (STRD).

As of February 16th, 2026, remaining capacity under the ATM program was approximately $1.62 billion for STRF, $3.54 billion for STRC, $20.33 billion for STRK, $4.01 billion for STRD, and $7.88 billion for MSTR common stock.

Strategy reported aggregate Bitcoin holdings of 717,131 Bitcoin as of February 16th, 2026. 

The total purchase price of these holdings was approximately $54.52 billion, with an average acquisition cost of $76,027 per Bitcoin.