S-3 424B5 EX-FILING FEES 333-284510 0001050446 Strategy Inc N/A N/A 0001050446 2025-11-07 2025-11-07 0001050446 1 2025-11-07 2025-11-07 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 | 10.00% Series A Perpetual Stream Preferred Stock, $0.001 par value per share | 457(r) | 7,750,000 | $ 92.27 | $ 715,092,500.00 | 0.0001381 | $ 98,754.27 |  |  |  |
Fees Previously Paid |  |  |  |  |  |  |  |  |  |  |  |  |
Carry Forward Securities
Carry Forward Securities |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | Total Offering Amounts: |  | $ 715,092,500.00 |  | $ 98,754.27 |  |  |  |
|  |  | Total Fees Previously Paid: |  |  |  | $ 0.00 |  |  |  |
|  |  | Total Fee Offsets: |  |  |  | $ 0.00 |  |  |  |
|  |  | Net Fee Due: |  |  |  | $ 98,754.27 |  |  |  |

Offering Note |

1 | (1) The fee payable in connection with the offering relating to this exhibit has been calculated pursuant to Rule 457(r) under the Securities Act and paid in accordance with Rule 456(b) under the Securities Act. (2) The prospectus supplement to which this exhibit is attached is a final prospectus supplement for the related offering of the registrant's 10.00% Series A Perpetual Stream Preferred Stock, $0.001 par value per share. The maximum aggregate offering price of that offering is $715,092,500. (3) The proposed maximum offering price per unit and the maximum aggregate offering price have been calculated by converting the amount registered from Euros to U.S. Dollars based upon the Euro to U.S. Dollar exchange rate of Euro 1.00/$1.1534 as of 12:30 PM (New York City time) on November 6, 2025 on the Bloomberg page "BFIX."

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 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A
Fee Offset Sources | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A
Rule 457(p)
Fee Offset Claims | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A
Fee Offset Sources | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A

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
--- | --- | --- | --- | --- | --- | --- | ---
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A

Narrative Disclosure

The maximum aggregate offering price of the securities to which the prospectus relates is $715,092,500.00. The prospectus is a final prospectus for the related offering.