STRATEGY INC

CUSIP: 594972AS0 Class: CALL

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (63)

ARISTEIA CAPITAL, L.L.C.
Value ($000) $223,993 Shares 271,968,000
Context Capital Management, LLC
Value ($000) $187,547 Shares 227,716,000
SHENKMAN CAPITAL MANAGEMENT INC
Value ($000) $15,648 Shares 19,000,000
SUSQUEHANNA ADVISORS GROUP, INC.
Value ($000) $76,856 Shares 94,128,000
ParaFi Capital LP
Value ($000) $4,526 Shares 5,500,000
AQR Arbitrage LLC
Value ($000) $51,179 Shares 62,140,000
LINDEN ADVISORS LP
Value ($000) $166,470 Shares 202,633,000
WHITEBOX ADVISORS LLC
Value ($000) $66,348 Shares 81,050,000
K2 PRINCIPAL FUND, L.P.
Value ($000) $12,353 Shares 15,000
DeepCurrents Investment Group LLC
Value ($000) $23,428 Shares 28,500,000
Weiss Asset Management LP
Value ($000) $41,936 Shares 50,862,000
Voya Investment Management LLC
Value ($000) $379,490 Shares 460,770,000
Fort Baker Capital Management LP
Value ($000) $4,123 Shares 5,000,000
WOLVERINE ASSET MANAGEMENT LLC
Value ($000) $50,452 Shares 61,500,000
RPO LLC
Value ($000) $4,123 Shares 5,000,000
Greenland Capital Management LP
Value ($000) $4,123 Shares 5,000,000
HBK INVESTMENTS L P
Value ($000) $38,960 Shares 47,396,000
683 Capital Management, LLC
Value ($000) $8,207 Shares 10,000,000
Verition Fund Management LLC
Value ($000) $74,124 Shares 90,000,000
Calamos Advisors LLC
Value ($000) $74,896 Shares 90,836,000