AI filing briefs · archive

8-K filings in December 2025, explained

619 material Form 8-K filings that 507 companies we cover made with the SEC in December 2025, each read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). All of them were written later, when past filings were added: a selection, not every 8-K of the month (see the note below).

Clear

1 of 619 briefs matches

newest first · times in ET
MSTRStrategy Inc Dec 1, 7:58 AM ET

Strategy cuts FY2025 earnings guidance and sets up a $1.44 billion USD Reserve

Negative guidance Written later 5.027.018.01

Strategy lowered its fiscal 2025 earnings guidance because the ranges now assume a year-end bitcoin price of $85,000 to $110,000, down from the $150,000 assumed in its October 30, 2025 guidance. The company also established a $1.44 billion USD Reserve, funded with proceeds from at-the-market sales of its class A common stock, to cover dividends and interest, and appointed Thomas C. Chow as General Counsel.

  • FY2025 net income guidance is now $(5.5) billion to $6.3 billion; the company's presentation shows the prior target at $24 billion.
  • FY2025 diluted EPS guidance is now $(17) to $19 per share, versus $80 per share previously; operating income guidance is $(7.0) billion to $9.5 billion, versus $34 billion previously.
  • The USD Reserve of $1.44 billion currently covers 21 months of dividends; the company's minimum target is 12 months and its goal is 24 months or more.
  • Thomas C. Chow was appointed Executive Vice President and General Counsel effective immediately on December 1, 2025, succeeding Wei-Ming Shao, who retired.
Read the filing on SEC.gov ↗

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.

Briefs marked “Written later” were written in November 2026 for filings that were by then more than three weeks old, so months before mid-October 2026 hold a selection: every material 8-K of the past year for the 100 largest companies we cover and the last 15 important 8-Ks of every other one. Briefs the number check holds back are not shown or counted. Also: the last 45 days, briefs by company, A–Z and the live SEC filings wire.