{"transactions":[{"id":992921,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Employee Stock Option (Right to buy)","published_at":"2025-11-20T21:30:03.000Z","date":"2025-11-19","kind":"exercise","planned":true,"acquired":false,"shares":2600,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"The 2,600 shares exercised on November 19, 2025 pursuant to this option vested on February 23, 2022. Of the remaining 170,998 shares subject to this option, 20,998 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."}],"balance_after":170998,"derivative":{"exercise_price":69.123,"expiration_date":"2031-02-23","underlying":"Class A Common Stock","underlying_shares":2600},"source":{"system":"sec-edgar","filing":"0001193125-25-289868","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":9,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525289868/ownership.xml","form_type":"4"}},{"id":992920,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Employee Stock Option (Right to buy)","published_at":"2025-11-20T21:30:03.000Z","date":"2025-11-18","kind":"exercise","planned":true,"acquired":false,"shares":2600,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"The 2,600 shares exercised on November 18, 2025 pursuant to this option vested on February 23, 2022. Of the remaining 173,598 shares subject to this option, 23,598 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."}],"balance_after":173598,"derivative":{"exercise_price":69.123,"expiration_date":"2031-02-23","underlying":"Class A Common Stock","underlying_shares":2600},"source":{"system":"sec-edgar","filing":"0001193125-25-289868","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":8,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525289868/ownership.xml","form_type":"4"}},{"id":992919,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-20T21:30:03.000Z","date":"2025-11-19","kind":"sale","planned":true,"acquired":false,"shares":2600,"price":202.02,"value":525252.0,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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."}],"balance_after":32726,"source":{"system":"sec-edgar","filing":"0001193125-25-289868","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525289868/ownership.xml","form_type":"4"}},{"id":992918,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-20T21:30:03.000Z","date":"2025-11-19","kind":"exercise","planned":true,"acquired":true,"shares":2600,"price":69.123,"value":179719.8,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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."}],"balance_after":35326,"source":{"system":"sec-edgar","filing":"0001193125-25-289868","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525289868/ownership.xml","form_type":"4"}},{"id":992917,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-20T21:30:03.000Z","date":"2025-11-18","kind":"sale","planned":true,"acquired":false,"shares":2600,"price":200,"value":520000.0,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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."}],"balance_after":32726,"source":{"system":"sec-edgar","filing":"0001193125-25-289868","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525289868/ownership.xml","form_type":"4"}},{"id":992916,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-20T21:30:03.000Z","date":"2025-11-18","kind":"exercise","planned":true,"acquired":true,"shares":2600,"price":69.123,"value":179719.8,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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."}],"balance_after":35326,"source":{"system":"sec-edgar","filing":"0001193125-25-289868","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525289868/ownership.xml","form_type":"4"}},{"id":996417,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Employee Stock Option (Right to buy)","published_at":"2025-11-18T23:00:03.000Z","date":"2025-11-17","kind":"exercise","planned":true,"acquired":false,"shares":2600,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"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."}],"balance_after":176198,"derivative":{"exercise_price":69.123,"expiration_date":"2031-02-23","underlying":"Class A Common Stock","underlying_shares":2600},"source":{"system":"sec-edgar","filing":"0001193125-25-286525","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":9,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525286525/ownership.xml","form_type":"4"}},{"id":996416,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Employee Stock Option (Right to buy)","published_at":"2025-11-18T23:00:03.000Z","date":"2025-11-14","kind":"exercise","planned":true,"acquired":false,"shares":2600,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"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."}],"balance_after":178798,"derivative":{"exercise_price":69.123,"expiration_date":"2031-02-23","underlying":"Class A Common Stock","underlying_shares":2600},"source":{"system":"sec-edgar","filing":"0001193125-25-286525","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":8,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525286525/ownership.xml","form_type":"4"}},{"id":996415,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-18T23:00:03.000Z","date":"2025-11-17","kind":"sale","planned":true,"acquired":false,"shares":2600,"price":200,"value":520000.0,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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."}],"balance_after":32726,"source":{"system":"sec-edgar","filing":"0001193125-25-286525","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525286525/ownership.xml","form_type":"4"}},{"id":996414,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-18T23:00:03.000Z","date":"2025-11-17","kind":"exercise","planned":true,"acquired":true,"shares":2600,"price":69.123,"value":179719.8,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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."}],"balance_after":35326,"source":{"system":"sec-edgar","filing":"0001193125-25-286525","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525286525/ownership.xml","form_type":"4"}},{"id":996413,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-18T23:00:03.000Z","date":"2025-11-14","kind":"sale","planned":true,"acquired":false,"shares":2600,"price":200.48,"value":521248.0,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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."}],"balance_after":32726,"source":{"system":"sec-edgar","filing":"0001193125-25-286525","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525286525/ownership.xml","form_type":"4"}},{"id":996412,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-18T23:00:03.000Z","date":"2025-11-14","kind":"exercise","planned":true,"acquired":true,"shares":2600,"price":69.123,"value":179719.8,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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."}],"balance_after":35326,"source":{"system":"sec-edgar","filing":"0001193125-25-286525","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525286525/ownership.xml","form_type":"4"}},{"id":999304,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Employee Stock Option (Right to buy)","published_at":"2025-11-14T21:05:51.000Z","date":"2025-11-13","kind":"exercise","planned":true,"acquired":false,"shares":2600,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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 (\"Strategy\") Current Report on Form 8-K filed with the Securities and Exchange Commission (\"SEC\") on July 1, 2025, the reporting person informed the issuer of his intention to retire effective December 31, 2025."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F19","text":"The 2,600 shares exercised on November 13, 2025 pursuant to this option vested on February 23, 2022. Of the remaining 181,398 shares subject to this option, 31,398 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."}],"balance_after":181398,"derivative":{"exercise_price":69.123,"expiration_date":"2031-02-23","underlying":"Class A Common Stock","underlying_shares":2600},"source":{"system":"sec-edgar","filing":"0001193125-25-282918","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":24,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525282918/ownership.xml","form_type":"4"}},{"id":999303,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Employee Stock Option (Right to buy)","published_at":"2025-11-14T21:05:51.000Z","date":"2025-11-12","kind":"exercise","planned":true,"acquired":false,"shares":5334,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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 (\"Strategy\") Current Report on Form 8-K filed with the Securities and Exchange Commission (\"SEC\") on July 1, 2025, the reporting person informed the issuer of his intention to retire effective December 31, 2025."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F18","text":"The 5,334 shares exercised on November 12, 2025 pursuant to this option vested on February 23, 2022. Of the remaining 183,998 shares subject to this option, 33,998 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."}],"balance_after":183998,"derivative":{"exercise_price":69.123,"expiration_date":"2031-02-23","underlying":"Class A Common Stock","underlying_shares":5334},"source":{"system":"sec-edgar","filing":"0001193125-25-282918","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":23,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525282918/ownership.xml","form_type":"4"}},{"id":999302,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Employee Stock Option (Right to buy)","published_at":"2025-11-14T21:05:51.000Z","date":"2025-11-12","kind":"exercise","planned":true,"acquired":false,"shares":20000,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F17","text":"The 20,000 shares exercised on November 12, 2025 pursuant to this option vested on February 17, 2025. Of the remaining 79,100 shares subject to this option, 29,100 shares vested on February 17, 2025 and 50,000 shares are scheduled to vest on February 17, 2026."}],"balance_after":79100,"derivative":{"exercise_price":40.46,"expiration_date":"2032-02-17","underlying":"Class A Common Stock","underlying_shares":20000},"source":{"system":"sec-edgar","filing":"0001193125-25-282918","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":22,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525282918/ownership.xml","form_type":"4"}},{"id":999301,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-14T21:05:51.000Z","date":"2025-11-13","kind":"sale","planned":true,"acquired":false,"shares":2600,"price":223.667,"value":581534.2,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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 (\"Strategy\") Current Report on Form 8-K filed with the Securities and Exchange Commission (\"SEC\") on July 1, 2025, the reporting person informed the issuer of his intention to retire effective December 31, 2025."},{"field":"price","element":"transactionPricePerShare","label":"F16","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $223.10 to $224.04, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the SEC, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":32726,"source":{"system":"sec-edgar","filing":"0001193125-25-282918","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":18,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525282918/ownership.xml","form_type":"4"}},{"id":999300,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-14T21:05:51.000Z","date":"2025-11-13","kind":"exercise","planned":true,"acquired":true,"shares":2600,"price":69.123,"value":179719.8,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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 (\"Strategy\") Current Report on Form 8-K filed with the Securities and Exchange Commission (\"SEC\") on July 1, 2025, the reporting person informed the issuer of his intention to retire effective December 31, 2025."}],"balance_after":35326,"source":{"system":"sec-edgar","filing":"0001193125-25-282918","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":17,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525282918/ownership.xml","form_type":"4"}},{"id":999299,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-14T21:05:51.000Z","date":"2025-11-12","kind":"sale","planned":true,"acquired":false,"shares":126,"price":234.431,"value":29538.306,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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 (\"Strategy\") Current Report on Form 8-K filed with the Securities and Exchange Commission (\"SEC\") on July 1, 2025, the reporting person informed the issuer of his intention to retire effective December 31, 2025."},{"field":"price","element":"transactionPricePerShare","label":"F15","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $234.34 to $234.80, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the SEC, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":32726,"source":{"system":"sec-edgar","filing":"0001193125-25-282918","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":16,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525282918/ownership.xml","form_type":"4"}},{"id":999298,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-14T21:05:51.000Z","date":"2025-11-12","kind":"sale","planned":true,"acquired":false,"shares":490,"price":233.761,"value":114542.89,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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 (\"Strategy\") Current Report on Form 8-K filed with the Securities and Exchange Commission (\"SEC\") on July 1, 2025, the reporting person informed the issuer of his intention to retire effective December 31, 2025."},{"field":"price","element":"transactionPricePerShare","label":"F14","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $233.32 to $234.27, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the SEC, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":32852,"source":{"system":"sec-edgar","filing":"0001193125-25-282918","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":15,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525282918/ownership.xml","form_type":"4"}},{"id":999297,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-14T21:05:51.000Z","date":"2025-11-12","kind":"sale","planned":true,"acquired":false,"shares":348,"price":232.964,"value":81071.472,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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 (\"Strategy\") Current Report on Form 8-K filed with the Securities and Exchange Commission (\"SEC\") on July 1, 2025, the reporting person informed the issuer of his intention to retire effective December 31, 2025."},{"field":"price","element":"transactionPricePerShare","label":"F13","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $232.27 to $233.26, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the SEC, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":33342,"source":{"system":"sec-edgar","filing":"0001193125-25-282918","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":14,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525282918/ownership.xml","form_type":"4"}},{"id":999296,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-14T21:05:51.000Z","date":"2025-11-12","kind":"sale","planned":true,"acquired":false,"shares":187,"price":231.702,"value":43328.274,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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 (\"Strategy\") Current Report on Form 8-K filed with the Securities and Exchange Commission (\"SEC\") on July 1, 2025, the reporting person informed the issuer of his intention to retire effective December 31, 2025."},{"field":"price","element":"transactionPricePerShare","label":"F12","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $231.27 to $232.05, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the SEC, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":33690,"source":{"system":"sec-edgar","filing":"0001193125-25-282918","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":13,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525282918/ownership.xml","form_type":"4"}},{"id":999295,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-14T21:05:51.000Z","date":"2025-11-12","kind":"sale","planned":true,"acquired":false,"shares":198,"price":230.439,"value":45626.922,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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 (\"Strategy\") Current Report on Form 8-K filed with the Securities and Exchange Commission (\"SEC\") on July 1, 2025, the reporting person informed the issuer of his intention to retire effective December 31, 2025."},{"field":"price","element":"transactionPricePerShare","label":"F11","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $230.02 to $231.00, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the SEC, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":33877,"source":{"system":"sec-edgar","filing":"0001193125-25-282918","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":12,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525282918/ownership.xml","form_type":"4"}},{"id":999294,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-14T21:05:51.000Z","date":"2025-11-12","kind":"sale","planned":true,"acquired":false,"shares":48,"price":229.203,"value":11001.744,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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 (\"Strategy\") Current Report on Form 8-K filed with the Securities and Exchange Commission (\"SEC\") on July 1, 2025, the reporting person informed the issuer of his intention to retire effective December 31, 2025."},{"field":"price","element":"transactionPricePerShare","label":"F10","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $228.81 to $229.77, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the SEC, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":34075,"source":{"system":"sec-edgar","filing":"0001193125-25-282918","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":11,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525282918/ownership.xml","form_type":"4"}},{"id":999293,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-14T21:05:51.000Z","date":"2025-11-12","kind":"sale","planned":true,"acquired":false,"shares":111,"price":227.888,"value":25295.568,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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 (\"Strategy\") Current Report on Form 8-K filed with the Securities and Exchange Commission (\"SEC\") on July 1, 2025, the reporting person informed the issuer of his intention to retire effective December 31, 2025."},{"field":"price","element":"transactionPricePerShare","label":"F9","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $227.665 to $228.03, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the SEC, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":34123,"source":{"system":"sec-edgar","filing":"0001193125-25-282918","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":10,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525282918/ownership.xml","form_type":"4"}},{"id":999292,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-14T21:05:51.000Z","date":"2025-11-12","kind":"sale","planned":true,"acquired":false,"shares":455,"price":227.024,"value":103295.92,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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 (\"Strategy\") Current Report on Form 8-K filed with the Securities and Exchange Commission (\"SEC\") on July 1, 2025, the reporting person informed the issuer of his intention to retire effective December 31, 2025."},{"field":"price","element":"transactionPricePerShare","label":"F8","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $226.56 to $227.50, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the SEC, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":34234,"source":{"system":"sec-edgar","filing":"0001193125-25-282918","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":9,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525282918/ownership.xml","form_type":"4"}},{"id":999291,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-14T21:05:51.000Z","date":"2025-11-12","kind":"sale","planned":true,"acquired":false,"shares":342,"price":225.999,"value":77291.658,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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 (\"Strategy\") Current Report on Form 8-K filed with the Securities and Exchange Commission (\"SEC\") on July 1, 2025, the reporting person informed the issuer of his intention to retire effective December 31, 2025."},{"field":"price","element":"transactionPricePerShare","label":"F7","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $225.505 to $226.460, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the SEC, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":34689,"source":{"system":"sec-edgar","filing":"0001193125-25-282918","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":8,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525282918/ownership.xml","form_type":"4"}},{"id":999290,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-14T21:05:51.000Z","date":"2025-11-12","kind":"sale","planned":true,"acquired":false,"shares":853,"price":224.769,"value":191727.957,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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 (\"Strategy\") Current Report on Form 8-K filed with the Securities and Exchange Commission (\"SEC\") on July 1, 2025, the reporting person informed the issuer of his intention to retire effective December 31, 2025."},{"field":"price","element":"transactionPricePerShare","label":"F6","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $224.45 to $225.448, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the SEC, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":35031,"source":{"system":"sec-edgar","filing":"0001193125-25-282918","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":7,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525282918/ownership.xml","form_type":"4"}},{"id":999289,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-14T21:05:51.000Z","date":"2025-11-12","kind":"sale","planned":true,"acquired":false,"shares":727,"price":224.064,"value":162894.528,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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 (\"Strategy\") Current Report on Form 8-K filed with the Securities and Exchange Commission (\"SEC\") on July 1, 2025, the reporting person informed the issuer of his intention to retire effective December 31, 2025."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $223.446 to $224.415, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the SEC, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":35884,"source":{"system":"sec-edgar","filing":"0001193125-25-282918","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":6,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525282918/ownership.xml","form_type":"4"}},{"id":999288,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-14T21:05:51.000Z","date":"2025-11-12","kind":"sale","planned":true,"acquired":false,"shares":629,"price":222.922,"value":140217.938,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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 (\"Strategy\") Current Report on Form 8-K filed with the Securities and Exchange Commission (\"SEC\") on July 1, 2025, the reporting person informed the issuer of his intention to retire effective December 31, 2025."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $222.430 to $223.426, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the SEC, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":36611,"source":{"system":"sec-edgar","filing":"0001193125-25-282918","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525282918/ownership.xml","form_type":"4"}},{"id":999287,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-14T21:05:51.000Z","date":"2025-11-12","kind":"sale","planned":true,"acquired":false,"shares":511,"price":221.9,"value":113390.9,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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 (\"Strategy\") Current Report on Form 8-K filed with the Securities and Exchange Commission (\"SEC\") on July 1, 2025, the reporting person informed the issuer of his intention to retire effective December 31, 2025."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $221.37 to $222.240, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the SEC, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":37240,"source":{"system":"sec-edgar","filing":"0001193125-25-282918","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525282918/ownership.xml","form_type":"4"}},{"id":999286,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-14T21:05:51.000Z","date":"2025-11-12","kind":"sale","planned":true,"acquired":false,"shares":309,"price":220.619,"value":68171.271,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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 (\"Strategy\") Current Report on Form 8-K filed with the Securities and Exchange Commission (\"SEC\") on July 1, 2025, the reporting person informed the issuer of his intention to retire effective December 31, 2025."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $220.235 to $221.115, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the SEC, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":37751,"source":{"system":"sec-edgar","filing":"0001193125-25-282918","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525282918/ownership.xml","form_type":"4"}},{"id":999285,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-14T21:05:51.000Z","date":"2025-11-12","kind":"exercise","planned":true,"acquired":true,"shares":5334,"price":69.123,"value":368702.082,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"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 (\"Strategy\") Current Report on Form 8-K filed with the Securities and Exchange Commission (\"SEC\") on July 1, 2025, the reporting person informed the issuer of his intention to retire effective December 31, 2025."}],"balance_after":38060,"source":{"system":"sec-edgar","filing":"0001193125-25-282918","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525282918/ownership.xml","form_type":"4"}},{"id":999284,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-14T21:05:51.000Z","date":"2025-11-12","kind":"exercise","planned":true,"acquired":true,"shares":20000,"price":40.46,"value":809200.0,"ownership":{"direct":true},"balance_after":32726,"source":{"system":"sec-edgar","filing":"0001193125-25-282918","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525282918/ownership.xml","form_type":"4"}},{"id":1002631,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Employee Stock Option (Right to buy)","published_at":"2025-11-12T21:30:06.000Z","date":"2025-11-11","kind":"exercise","planned":true,"acquired":false,"shares":5334,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F7","text":"The 5,334 shares exercised on November 11, 2025 pursuant to this option vested on February 23, 2022. Of the remaining 189,332 shares subject to this option, 39,332 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."}],"balance_after":189332,"derivative":{"exercise_price":69.123,"expiration_date":"2031-02-23","underlying":"Class A Common Stock","underlying_shares":5334},"source":{"system":"sec-edgar","filing":"0001193125-25-277745","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":12,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525277745/ownership.xml","form_type":"4"}},{"id":1002630,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Employee Stock Option (Right to buy)","published_at":"2025-11-12T21:30:06.000Z","date":"2025-11-10","kind":"exercise","planned":true,"acquired":false,"shares":5334,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"The 5,334 shares exercised on November 10, 2025 pursuant to this option vested on February 23, 2022. Of the remaining 194,666 shares subject to this option, 44,666 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."}],"balance_after":194666,"derivative":{"exercise_price":69.123,"expiration_date":"2031-02-23","underlying":"Class A Common Stock","underlying_shares":5334},"source":{"system":"sec-edgar","filing":"0001193125-25-277745","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":11,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525277745/ownership.xml","form_type":"4"}},{"id":1002629,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-12T21:30:06.000Z","date":"2025-11-11","kind":"sale","planned":true,"acquired":false,"shares":589,"price":236.455,"value":139271.995,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"The transactions reported on this Form 4 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 (\"Strategy\") 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."}],"balance_after":12726,"source":{"system":"sec-edgar","filing":"0001193125-25-277745","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":7,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525277745/ownership.xml","form_type":"4"}},{"id":1002628,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-12T21:30:06.000Z","date":"2025-11-11","kind":"sale","planned":true,"acquired":false,"shares":1539,"price":235.594,"value":362579.166,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"The transactions reported on this Form 4 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 (\"Strategy\") 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."},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $235.39 to $236.235, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":13315,"source":{"system":"sec-edgar","filing":"0001193125-25-277745","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":6,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525277745/ownership.xml","form_type":"4"}},{"id":1002627,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-12T21:30:06.000Z","date":"2025-11-11","kind":"sale","planned":true,"acquired":false,"shares":3206,"price":234.749,"value":752605.294,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"The transactions reported on this Form 4 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 (\"Strategy\") 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."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $234.25 to $235.17, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":14854,"source":{"system":"sec-edgar","filing":"0001193125-25-277745","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525277745/ownership.xml","form_type":"4"}},{"id":1002626,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-12T21:30:06.000Z","date":"2025-11-11","kind":"exercise","planned":true,"acquired":true,"shares":5334,"price":69.123,"value":368702.082,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"The transactions reported on this Form 4 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 (\"Strategy\") 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."}],"balance_after":18060,"source":{"system":"sec-edgar","filing":"0001193125-25-277745","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525277745/ownership.xml","form_type":"4"}},{"id":1002625,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-12T21:30:06.000Z","date":"2025-11-10","kind":"sale","planned":true,"acquired":false,"shares":1567,"price":249.555,"value":391052.685,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"The transactions reported on this Form 4 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 (\"Strategy\") 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."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.52 to $250.04, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":12726,"source":{"system":"sec-edgar","filing":"0001193125-25-277745","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525277745/ownership.xml","form_type":"4"}},{"id":1002624,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-12T21:30:06.000Z","date":"2025-11-10","kind":"sale","planned":true,"acquired":false,"shares":3767,"price":248.942,"value":937764.514,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"The transactions reported on this Form 4 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 (\"Strategy\") 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."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $248.435 to $249.40, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":14293,"source":{"system":"sec-edgar","filing":"0001193125-25-277745","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525277745/ownership.xml","form_type":"4"}},{"id":1002623,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-11-12T21:30:06.000Z","date":"2025-11-10","kind":"exercise","planned":true,"acquired":true,"shares":5334,"price":69.123,"value":368702.082,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"The transactions reported on this Form 4 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 (\"Strategy\") 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."}],"balance_after":18060,"source":{"system":"sec-edgar","filing":"0001193125-25-277745","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525277745/ownership.xml","form_type":"4"}},{"id":1021005,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Employee Stock Option (Right to buy)","published_at":"2025-10-09T20:30:06.000Z","date":"2025-10-07","kind":"exercise","planned":false,"acquired":false,"shares":30000,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"Of the 30,000 shares exercised on October 7, 2025 pursuant to this option, 29,100 shares vested on February 17, 2024 and 900 shares vested on February 17, 2025. Of the remaining 99,100 shares subject to this option, 49,100 shares vested on February 17, 2025 and 50,000 shares are scheduled to vest on February 17, 2026."}],"balance_after":99100,"derivative":{"exercise_price":40.46,"expiration_date":"2032-02-17","underlying":"Class A Common Stock","underlying_shares":30000},"source":{"system":"sec-edgar","filing":"0001193125-25-235904","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":9,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525235904/ownership.xml","form_type":"4"}},{"id":1021004,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-10-09T20:30:06.000Z","date":"2025-10-07","kind":"sale","planned":false,"acquired":false,"shares":1796,"price":358.82,"value":644440.72,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F4","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $358.68 to $359.20, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the ranges set forth in this footnote."}],"balance_after":12726,"source":{"system":"sec-edgar","filing":"0001193125-25-235904","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525235904/ownership.xml","form_type":"4"}},{"id":1021003,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-10-09T20:30:06.000Z","date":"2025-10-07","kind":"sale","planned":false,"acquired":false,"shares":11680,"price":358.045,"value":4181965.6,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $357.64 to $358.60, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the ranges set forth in this footnote."}],"balance_after":14522,"source":{"system":"sec-edgar","filing":"0001193125-25-235904","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525235904/ownership.xml","form_type":"4"}},{"id":1021002,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-10-09T20:30:06.000Z","date":"2025-10-07","kind":"sale","planned":false,"acquired":false,"shares":10326,"price":357.139,"value":3687817.314,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $356.63 to $357.625, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the ranges set forth in this footnote."}],"balance_after":26202,"source":{"system":"sec-edgar","filing":"0001193125-25-235904","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525235904/ownership.xml","form_type":"4"}},{"id":1021001,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-10-09T20:30:06.000Z","date":"2025-10-07","kind":"sale","planned":false,"acquired":false,"shares":6198,"price":356.051,"value":2206804.098,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $355.48 to $356.47, inclusive. The reporting person undertakes to provide to Strategy Inc (\"Strategy\"), any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the ranges set forth in this footnote."}],"balance_after":36528,"source":{"system":"sec-edgar","filing":"0001193125-25-235904","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525235904/ownership.xml","form_type":"4"}},{"id":1021000,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-10-09T20:30:06.000Z","date":"2025-10-07","kind":"exercise","planned":false,"acquired":true,"shares":30000,"price":40.46,"value":1213800.0,"ownership":{"direct":true},"balance_after":42726,"source":{"system":"sec-edgar","filing":"0001193125-25-235904","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525235904/ownership.xml","form_type":"4"}},{"id":1034996,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Employee Stock Option (Right to buy)","published_at":"2025-09-22T20:30:03.000Z","date":"2025-09-18","kind":"exercise","planned":false,"acquired":false,"shares":10000,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"The 10,000 shares exercised on September 18, 2025 pursuant to this option vested on February 17, 2024. 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These shares were sold in multiple transactions at prices ranging from $355.62 to $355.95, inclusive. 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These shares were sold in multiple transactions at prices ranging from $422.05 to $422.24, inclusive. 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These shares were sold in multiple transactions at prices ranging from $421.00 to $421.95, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":13144,"source":{"system":"sec-edgar","filing":"0000950170-25-095415","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":13,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000095017025095415/ownership.xml","form_type":"4"}},{"id":1088753,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-07-12T00:00:08.000Z","date":"2025-07-10","kind":"sale","planned":false,"acquired":false,"shares":7088,"price":420.399,"value":2979788.112,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F9","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $420.00 to $420.90, inclusive. 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These shares were sold in multiple transactions at prices ranging from $419.00 to $419.76, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":24277,"source":{"system":"sec-edgar","filing":"0000950170-25-095415","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":11,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000095017025095415/ownership.xml","form_type":"4"}},{"id":1088751,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-07-12T00:00:08.000Z","date":"2025-07-10","kind":"sale","planned":false,"acquired":false,"shares":600,"price":418.335,"value":251001.0,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F7","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $417.97 to $418.82, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":25400,"source":{"system":"sec-edgar","filing":"0000950170-25-095415","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":10,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000095017025095415/ownership.xml","form_type":"4"}},{"id":1088750,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-07-12T00:00:08.000Z","date":"2025-07-10","kind":"sale","planned":false,"acquired":false,"shares":1300,"price":417.075,"value":542197.5,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F6","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $416.94 to $417.24, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":26000,"source":{"system":"sec-edgar","filing":"0000950170-25-095415","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":9,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000095017025095415/ownership.xml","form_type":"4"}},{"id":1088749,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-07-12T00:00:08.000Z","date":"2025-07-10","kind":"sale","planned":false,"acquired":false,"shares":600,"price":415.948,"value":249568.8,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F5","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $415.50 to $416.42, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":27300,"source":{"system":"sec-edgar","filing":"0000950170-25-095415","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":8,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000095017025095415/ownership.xml","form_type":"4"}},{"id":1088748,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-07-12T00:00:08.000Z","date":"2025-07-10","kind":"sale","planned":false,"acquired":false,"shares":1200,"price":414.947,"value":497936.4,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F4","text":"The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $414.50 to $415.49, inclusive. The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":27900,"source":{"system":"sec-edgar","filing":"0000950170-25-095415","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":7,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000095017025095415/ownership.xml","form_type":"4"}},{"id":1088747,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-07-12T00:00:08.000Z","date":"2025-07-10","kind":"sale","planned":false,"acquired":false,"shares":2426,"price":413.815,"value":1003915.19,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The reported price is a weighted average price. 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The reporting person undertakes to provide to Strategy, any security holder of Strategy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote."}],"balance_after":29100,"source":{"system":"sec-edgar","filing":"0000950170-25-095415","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":6,"url":"https://www.sec.gov/Archives/edgar/data/1050446/000095017025095415/ownership.xml","form_type":"4"}},{"id":1088746,"issuer":{"id":3031,"kind":"organization","name":"Strategy Inc","symbol":"MSTR"},"owners":[{"id":72852,"kind":"person","name":"Shao Wei-Ming","position":1,"cik":"0001663488","reported_name":"Shao Wei-Ming","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"EVP & General Counsel"}}],"security":"Class A Common Stock","published_at":"2025-07-12T00:00:08.000Z","date":"2025-07-10","kind":"sale","planned":false,"acquired":false,"shares":1200,"price":412.9,"value":495480.0,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F2","text":"The reported price is a weighted average price. 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