Strategy (MSTR) Proxy filing summary

Executive summary

• Website materials promote a proposal to amend terms of four preferred-stock series, with potential daily dividends if shareholders approve and dividends are declared.

• Materials say stronger preferred securities could create a competitive advantage, and increased demand could support amplification and Bitcoin per share.

Voting matters and shareholder proposals

• The special meeting is October 28, 2026; voting opened October 5 and closes October 27 at 11:59 p.m. ET.

• MSTR holders must have owned shares on September 25; tutorial instructs them to use a 16-digit control number and vote FOR proposal 1. Not voting counts as a no.

• Voting is available through brokerage accounts or proxyvote.com; shareholders should follow the definitive proxy statement’s voting instructions, as no proxy cards accompany these materials.

Shareholder rights and capital structure

• The proposal concerns changes to the terms of the 10.00% Series A Perpetual Strife, Variable Rate Series A Perpetual Stretch, 8.00% Series A Perpetual Strike, and 10.00% Series A Perpetual Stride preferred stocks.

• If approved and declared, daily dividends would begin November 1, 2026 for STRC and January 1, 2027 for the other three preferred securities.