X0508 4 2025-11-14 false 0001050446 Strategy Inc MSTR 0001663488 Shao Wei-Ming C/O STRATEGY INC 1850 TOWERS CRESCENT PLAZA TYSONS CORNER VA 22182 false true false false EVP & General Counsel true Class A Common Stock 2025-11-14 4 M false 2600 69.123 A 35326 D Class A Common Stock 2025-11-14 4 S false 2600 200.48 D 32726 D Class A Common Stock 2025-11-17 4 M false 2600 69.123 A 35326 D Class A Common Stock 2025-11-17 4 S false 2600 200 D 32726 D Series A Perpetual Strife Preferred Stock 500 D Series A Perpetual Stretch Preferred Stock 15000 D Series A Perpetual Stride Preferred Stock 3527 D Employee Stock Option (Right to buy) 69.123 2025-11-14 4 M false 2600 0 D 2031-02-23 Class A Common Stock 2600 178798 D Employee Stock Option (Right to buy) 69.123 2025-11-17 4 M false 2600 0 D 2031-02-23 Class A Common Stock 2600 176198 D The transactions reported were effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on July 11, 2025. As previously disclosed in Strategy Inc's Current Report on Form 8-K filed with the Securities and Exchange Commission on July 1, 2025, the reporting person informed the issuer of his intention to retire effective December 31, 2025. The 2,600 shares exercised on November 14, 2025 pursuant to this option vested on February 23, 2022. Of the remaining 178,798 shares subject to this option, 28,798 shares vested on February 23, 2022, 50,000 shares vested on February 23, 2023, 50,000 shares vested on February 23, 2024 and 50,000 shares vested on February 23, 2025. The 2,600 shares exercised on November 17, 2025 pursuant to this option vested on February 23, 2022. Of the remaining 176,198 shares subject to this option, 26,198 shares vested on February 23, 2022, 50,000 shares vested on February 23, 2023, 50,000 shares vested on February 23, 2024 and 50,000 shares vested on February 23, 2025. /s/ Allein Sabel, Attorney-in-Fact 2025-11-18