{"filing":{"accession_number":"0001193125-26-295586","cik":"0001050446","ticker":"STRD","company_name":"Strategy Inc","form":"8-K","filing_date":"2026-07-06","report_date":null,"primary_document":"mstr-20260706.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312526295586/mstr-20260706.htm"},"events":[{"id":16118,"run_id":14383,"accession_number":"0001193125-26-295586","anchor_item_number":"8.01","event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.75,"summary":"Strategy Inc. disclosed an $8.32 billion loss on digital assets in Q2 2026, including a significant unrealized loss requiring a full valuation allowance against deferred tax benefits. The disclosure also covers the company's bitcoin monetization strategy to fund its USD reserve.","company_name":"Strategy Inc","ticker":"STRD","filing_date":"2026-07-06","form":"8-K","submitted_at":null,"items":[{"id":14112,"accession_number":"0001193125-26-295586","item_number":"8.01","item_title":"Other Events.","event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"This Item 8.01 disclosure centers on Strategy's bitcoin holdings, sales activity, and Q2 2026 financial results, including an $8.32 billion loss on digital assets and a significant unrealized loss requiring a full valuation allowance against deferred tax benefits. While the filing includes routine updates on ATM and repurchase programs (no activity), the material substance is the substantial digital asset impairment and the company's bitcoin monetization strategy to fund its USD reserve. This is a financial event—specifically an asset valuation matter and loss disclosure—that does not fit the narrower `material_impairment` category (which typically applies to goodwill or intangible write-downs) but is clearly material to investors assessing the registrant's financial condition.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-06T12:02:11.936709+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":16119,"run_id":14383,"accession_number":"0001193125-26-295586","anchor_item_number":"5.02","event_type":"exec_appointment","event_domain":"governance","is_material":false,"confidence":0.75,"summary":"The Board designated Andrew Kang as principal accounting officer effective June 30, 2026, following Jeanine Montgomery's retirement. Kang receives no additional compensation for this designation.","company_name":"Strategy Inc","ticker":"STRD","filing_date":"2026-07-06","form":"8-K","submitted_at":null,"items":[{"id":14113,"accession_number":"0001193125-26-295586","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","event_type":"exec_appointment","event_domain":"governance","is_material":false,"confidence":0.75,"reasoning":"The disclosure centers on the Board's designation of Andrew Kang as principal accounting officer effective June 30, 2026, following Jeanine Montgomery's retirement. While the section mentions Montgomery's departure, the principal action disclosed is Kang's appointment to the principal accounting officer role. The filing explicitly states Kang receives no additional compensation and that this designation was previously disclosed in the 10-Q, suggesting routine administrative succession rather than a material executive change.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-06T12:02:11.936709+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":16120,"run_id":14383,"accession_number":"0001193125-26-295586","anchor_item_number":"7.01","event_type":"operational_other","event_domain":"operational","is_material":false,"confidence":0.65,"summary":"Strategy Inc. established a website dashboard as a Regulation FD disclosure channel for distributing information about market prices, bitcoin holdings, and KPI metrics.","company_name":"Strategy Inc","ticker":"STRD","filing_date":"2026-07-06","form":"8-K","submitted_at":null,"items":[{"id":14114,"accession_number":"0001193125-26-295586","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"operational_other","event_domain":"operational","is_material":false,"confidence":0.65,"reasoning":"This Item 7.01 disclosure describes Strategy's website dashboard as a Regulation FD disclosure channel for distributing information about market prices, bitcoin holdings, and KPI metrics. The filing is primarily administrative and procedural in nature—establishing a communication mechanism for non-public information distribution. While bitcoin holdings and market activity could be operationally significant, the disclosure itself focuses on the mechanics of the disclosure channel rather than substantive business developments, making it routine administrative guidance rather than a material event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-06T12:02:11.936709+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":14112,"accession_number":"0001193125-26-295586","item_number":"8.01","item_title":"Other Events.","event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"This Item 8.01 disclosure centers on Strategy's bitcoin holdings, sales activity, and Q2 2026 financial results, including an $8.32 billion loss on digital assets and a significant unrealized loss requiring a full valuation allowance against deferred tax benefits. While the filing includes routine updates on ATM and repurchase programs (no activity), the material substance is the substantial digital asset impairment and the company's bitcoin monetization strategy to fund its USD reserve. This is a financial event—specifically an asset valuation matter and loss disclosure—that does not fit the narrower `material_impairment` category (which typically applies to goodwill or intangible write-downs) but is clearly material to investors assessing the registrant's financial condition.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-06T12:02:11.936709+00:00","company_name":"Strategy Inc","ticker":"STRD","filing_date":"2026-07-06"},{"id":14113,"accession_number":"0001193125-26-295586","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","event_type":"exec_appointment","event_domain":"governance","is_material":false,"confidence":0.75,"reasoning":"The disclosure centers on the Board's designation of Andrew Kang as principal accounting officer effective June 30, 2026, following Jeanine Montgomery's retirement. While the section mentions Montgomery's departure, the principal action disclosed is Kang's appointment to the principal accounting officer role. The filing explicitly states Kang receives no additional compensation and that this designation was previously disclosed in the 10-Q, suggesting routine administrative succession rather than a material executive change.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-06T12:02:11.936709+00:00","company_name":"Strategy Inc","ticker":"STRD","filing_date":"2026-07-06"},{"id":14114,"accession_number":"0001193125-26-295586","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"operational_other","event_domain":"operational","is_material":false,"confidence":0.65,"reasoning":"This Item 7.01 disclosure describes Strategy's website dashboard as a Regulation FD disclosure channel for distributing information about market prices, bitcoin holdings, and KPI metrics. The filing is primarily administrative and procedural in nature—establishing a communication mechanism for non-public information distribution. While bitcoin holdings and market activity could be operationally significant, the disclosure itself focuses on the mechanics of the disclosure channel rather than substantive business developments, making it routine administrative guidance rather than a material event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-06T12:02:11.936709+00:00","company_name":"Strategy Inc","ticker":"STRD","filing_date":"2026-07-06"}]}