08/17/2026 | Press release | Distributed by Public on 08/17/2026 05:59
| As of August 7, 2026 | As of August 14, 2026 | Change | |||||||||||||||
| Cash and cash equivalents (in thousands) | $ | 154,900 | $ | 154,800 | $ | (100) | |||||||||||
| Fair value of STRC Stock (in thousands) | $ | 47,980 | $ | 47,864 | $ | (116) | |||||||||||
| Shares of STRC held | 505,000 | 505,000 | - | ||||||||||||||
| Bitcoin held | 20,167 | 20,246 | 79 | ||||||||||||||
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Shares outstanding: (1)
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| Class A common stock | 75,647,438 | 76,244,588 | 597,150 | ||||||||||||||
| Class B common stock | 9,792,535 | 9,792,535 | - | ||||||||||||||
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Effective Common Shares Outstanding (2)
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85,439,973 | 86,037,123 | 597,150 | ||||||||||||||
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Options (3)
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996,963 | 996,963 | - | ||||||||||||||
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Unvested employee stock awards (3)
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2,268,840 | 2,268,840 | - | ||||||||||||||
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Assumed Fully Diluted Shares (4)
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88,705,776 | 89,302,926 | 597,150 | ||||||||||||||
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Shares Underlying Traditional Warrants (5)
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26,596,010 | 26,596,010 | - | ||||||||||||||
| SATA Stock | 7,829,502 | 7,829,502 | - | ||||||||||||||
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(1) Includes shares outstanding and shares sold through 4:00pm EST, which will be issued on the following business day. (2) Effective Common Shares Outstanding is calculated as the sum of Class A common stock and Class B common stock. (3) Represents outstanding, but unvested employee stock awards, which are subject to ongoing time and/or performance conditions. For any awards in which the achievement of performance conditions affect the number of shares to ultimately vest, represents the target number of shares granted. (4) Assumed Fully Diluted Shares Outstanding represents Effective Common Shares Outstanding plus shares underlying all potentially dilutive securities, including options and unvested RSUs. Shares underlying Traditional Warrants are excluded from this figure. (5) Represents shares exercisable underlying Traditional Warrants. Exercises of traditional warrants subject to the payment of exercise price to Company.
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