Bitcoin Vault 'Strategy' Advances Executive Stock Compensation and Capital Raising Simultaneously

Strategy Inc. (NASDAQ: MSTR) entered into a unified at-the-market (ATM) equity issuance agreement on November 4, 2025 covering its Series STRF, STRC, STRK and STRD preferred shares, as well as any future designated preferred issuances and its Class A common stock. This new agreement replaces the company’s prior separate ATM pacts, enhancing its flexibility in raising capital.

On March 17, 2026, Vice President and Chief Financial Officer Jin Montgomery was granted restricted stock units (RSUs) tied to Class A common shares, vesting in installments over four years. That same day, Chief Legal Officer Thomas C. Chou received performance stock units (PSUs) whose payout depends on total shareholder return relative to the Nasdaq Composite.

In its fourth-quarter 2025 financial results released February 5, 2026, the company disclosed it holds approximately 713,500 bitcoins—valued at roughly $59.7 billion (around ₩80 trillion). The report also revealed that, between Q4 2025 and February 1, 2026, Strategy Inc. raised about $9.5 billion (approximately ₩12 trillion) through its ATM programs for common shares and the STRK, STRF, STRD and STRC preferred series.

Formerly known as MicroStrategy, the company rebranded as Strategy Inc. and operates as a bitcoin treasury business and enterprise analytics software provider. It is the largest bitcoin-holding corporate entity listed on the Nasdaq.

The series of high-yield preferred shares—STRF, STRC, STRK and STRD—serve as financing vehicles for bitcoin acquisitions while offering investors fixed or variable dividends. Their monthly distribution schedule and double-digit yields have recently attracted strong interest from retail investors.