Please wait
S-3 424B5 EX-FILING FEES 333-284510 0001050446 Strategy Inc N/A Y N 0001050446 2026-03-20 2026-03-20 0001050446 1 2026-03-20 2026-03-20 0001050446 1 2026-03-20 2026-03-20 0001050446 2 2026-03-20 2026-03-20 iso4217:USD xbrli:pure xbrli:shares

Calculation of Filing Fee Tables

S-3

Strategy Inc

Table 1: Newly Registered and Carry Forward Securities ☐Not Applicable

Security Type

Security Class Title

Fee Calculation or Carry Forward Rule

Amount Registered

Proposed Maximum Offering Price Per Unit

Maximum Aggregate Offering Price

Fee Rate

Amount of Registration Fee

Carry Forward Form Type

Carry Forward File Number

Carry Forward Initial Effective Date

Filing Fee Previously Paid in Connection with Unsold Securities to be Carried Forward

Newly Registered Securities
Fees to be Paid 1 Equity Variable Rate Series A Perpetual Stretch Preferred Stock, $0.001 par value per share 457(o) $ 21,000,000,000.00 0.0001381 $ 2,900,100.00
Fees Previously Paid
Carry Forward Securities
Carry Forward Securities

Total Offering Amounts:

$ 21,000,000,000.00

$ 2,900,100.00

Total Fees Previously Paid:

$ 0.00

Total Fee Offsets:

$ 2,807,796.96

Net Fee Due:

$ 92,303.04

Offering Note

1

The registration fee is calculated in accordance with Rule 457(o) under the Securities Act of 1933, as amended (the "Securities Act"), based on the proposed maximum aggregate offering price and Rule 457(r) under the Securities Act. In accordance with Rules 465(b) and 457(r) under the Securities Act, the registrant initially deferred payment of all of the registration fee with respect to an indeterminate amount of the registrant's Variable Rate Series A Perpetual Stretch Stock, $0.001 par value per share (the "STRC Stock") being registered under Registration Statement No. 333-284510 filed with the Securities and Exchange Commission on January 27, 2025 (the "Registration Statement") as may from time to time be offered under the Registration Statement at indeterminate prices.

Table 2: Fee Offset Claims and Sources ☐Not Applicable
Registrant or Filer Name Form or Filing Type File Number Initial Filing Date Filing Date Fee Offset Claimed Security Type Associated with Fee Offset Claimed Security Title Associated with Fee Offset Claimed Unsold Securities Associated with Fee Offset Claimed Unsold Aggregate Offering Amount Associated with Fee Offset Claimed Fee Paid with Fee Offset Source
Rules 457(b) and 0-11(a)(2)
Fee Offset Claims
Fee Offset Sources
Rule 457(p)
Fee Offset Claims 1 Strategy Inc S-3 333-284510 03/10/2025 $ 2,807,796.96 Equity 8.00% Series A Perpetual Strike Preferred Stock, $0.001 par value per share $ 20,331,621,707.44
Fee Offset Sources 2 Strategy Inc S-3 333-284510 03/10/2025 $ 2,809,041.33

Rule 457(p) Statement of Withdrawal, Termination, or Completion:

1

On March 10, 2025, the registrant filed a prospectus supplement with the Securities and Exchange Commission under the Registration Statement relating to the offering of shares of its 8.00% Series A Perpetual Strike Preferred Stock (the "STRK Stock") that were able to be issued and sold from time to time under a Sales Agreement, dated March 10, 2025, with the sales agents named therein (the "Prior STRK Sales Agreement", and such offering, the "Prior STRK ATM Offering"). The Prior STRK Sales Agreement and the Prior STRK ATM Offering were terminated effective as of November 4, 2025. Prior to such termination, the registrant had sold $659,367,643.36 of shares of STRK Stock under the Prior STRK ATM Offering and the balance of $20,340,632,356.64 (the "Unsold STRK Stock") of shares of STRK Stock registered for offer and sale in the Prior STRK ATM Offering remained unsold at the termination, with respect to which the registrant previously paid a filing fee of $3,114,150.82 (the "Prior STRK Fee Offset"). On November 4, 2025, the registrant entered into an Omnibus Sales Agreement with the sales agents named therein (the "Omnibus Sales Agreement") and filed a prospectus supplement annex relating to the offering of shares of STRK Stock having an aggregate offering price of up to $20,340,632,356.64 pursuant to the Omnibus Sales Agreement (the "Consolidated STRK ATM Offering"), and the registrant applied $2,809,041.33 of the Prior STRK Fee Offset to the registration of such shares of STRK Stock. On March 23, 2026, the registrant and the sales agents under the Omnibus Sales Agreement entered into an Additional Program Addendum to the Omnibus Sales Agreement that terminated the Consolidated STRK ATM Offering and provided for a new offering of shares of STRK Stock under the Omnibus Sales Agreement, and on March 23, 2026 the registrant filed a prospectus supplement annex related to the offering of shares of STRK Stock having an aggregate price of up to $2,100,000,000. As of the date of such termination, $20,331,621,707.44 of shares of STRK Stock remained unsold under the Consolidated STRK ATM Offering, with respect to which the registrant previously paid a filing fee of $2,807,796.96 (the "Current STRK Fee Offset"). The registrant is applying all of the Current STRK Fee Offset to the registration of shares of STRC Stock pursuant to this prospectus supplement annex in accordance with Rule 457(p) under the Securities Act.

Offset Note

2

On March 10, 2025, the registrant filed a prospectus supplement with the Securities and Exchange Commission under the Registration Statement relating to the offering of shares of its 8.00% Series A Perpetual Strike Preferred Stock (the "STRK Stock") that were able to be issued and sold from time to time under a Sales Agreement, dated March 10, 2025, with the sales agents named therein (the "Prior STRK Sales Agreement", and such offering, the "Prior STRK ATM Offering"). The Prior STRK Sales Agreement and the Prior STRK ATM Offering were terminated effective as of November 4, 2025. Prior to such termination, the registrant had sold $659,367,643.36 of shares of STRK Stock under the Prior STRK ATM Offering and the balance of $20,340,632,356.64 (the "Unsold STRK Stock") of shares of STRK Stock registered for offer and sale in the Prior STRK ATM Offering remained unsold at the termination, with respect to which the registrant previously paid a filing fee of $3,114,150.82 (the "Prior STRK Fee Offset"). On November 4, 2025, the registrant entered into an Omnibus Sales Agreement with the sales agents named therein (the "Omnibus Sales Agreement") and filed a prospectus supplement annex relating to the offering of shares of STRK Stock having an aggregate offering price of up to $20,340,632,356.64 pursuant to the Omnibus Sales Agreement (the "Consolidated STRK ATM Offering"), and the registrant applied $2,809,041.33 of the Prior STRK Fee Offset to the registration of such shares of STRK Stock. On March 23, 2026, the registrant and the sales agents under the Omnibus Sales Agreement entered into an Additional Program Addendum to the Omnibus Sales Agreement that terminated the Consolidated STRK ATM Offering and provided for a new offering of shares of STRK Stock under the Omnibus Sales Agreement, and on March 23, 2026 the registrant filed a prospectus supplement annex related to the offering of shares of STRK Stock having an aggregate price of up to $2,100,000,000. As of the date of such termination, $20,331,621,707.44 of shares of STRK Stock remained unsold under the Consolidated STRK ATM Offering, with respect to which the registrant previously paid a filing fee of $2,807,796.96 (the "Current STRK Fee Offset"). The registrant is applying all of the Current STRK Fee Offset to the registration of shares of STRC Stock pursuant to this prospectus supplement annex in accordance with Rule 457(p) under the Securities Act.

Table 3: Combined Prospectuses ☑Not Applicable

Security Type

Security Class Title

Amount of Securities Previously Registered

Maximum Aggregate Offering Price of Securities Previously Registered

Form Type

File Number

Initial Effective Date

Narrative Disclosure
The maximum aggregate offering price of the securities to which the prospectus relates is $21,000,000,000.00. The prospectus is a final prospectus for the related offering.