Logo
  • Home
  • AI Agent
  • Annotations
  • Watchlists
  • Files
  • Pricing and plans
  • BlogAboutContact us
    APIMCP
    Terms of servicePrivacy policy

  • Get the full experience

    We save the real magic for signed-in users.

Logo
MSTR US​

Strategy Inc(MSTR US)

$146.01+0.210.14%Ext:$146.65+0.640.44%(Market Closed · 00:00:07 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Strategy Inc — Company Profile

Strategy Inc, together with its subsidiaries, operates as a bitcoin treasury company in the United States, Europe, the Middle East, Africa, and internationally. It offers investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed income instruments. The company also provides AI-powered enterprise analytics software, including Strategy One, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making. In addition, the company provides Strategy Mosaic, a universal intelligence layer that offers enterprises with consistent definitions and governance across data sources, regardless of where that data resides or which tools access it. The company was formerly known as MicroStrategy Incorporated and changed its name to Strategy Inc in August 2025. The company was incorporated in 1989 and is headquartered in Tysons Corner, Virginia.

Exchange
UQ
CEO
Phong Q. Le
Headquarters
Tysons Corner, VA, US
IPO Date
Jun 11, 1998
Employees
1,539
Website
www.strategy.com

Key Metrics

Price
$160.01
Market Cap
$52.93B
Revenue (TTM)
$124.30M
Net Income (TTM)
$-12542670000.00
EPS (TTM)
-38.25
P/E (TTM)
-4.28
P/B (TTM)
1.16
Dividend Yield
0.00%
ROE (TTM)
-27.48%
ROA (TTM)
-23.11%
Operating Margin
-12.02%
Beta
2.02

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Strategy Inc, together with its subsidiaries, operates as a bitcoin treasury company in the United States, Europe, the Middle East, Africa, and internationally. It offers investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed income instruments. The company also provides AI-powered enterprise analytics software, including Strategy One, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making. In addition, the company provides Strategy Mosaic, a universal intelligence layer that offers enterprises with consistent definitions and governance across data sources, regardless of where that data resides or which tools access it. The company was formerly known as MicroStrategy Incorporated and changed its name to Strategy Inc in August 2025. The company was incorporated in 1989 and is headquartered in Tysons Corner, Virginia.

Website
www.strategy.com
Location
Tysons Corner, VA, US
Phone703 848 8600
Employees1,539
CEOPhong Q. Le
IPO DateJun 11, 1998

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.

Latest Documents

SEC Filings(2K)

Expand
  • DEFA14ADefinitive additional materials20 Oct
  • DEFA14ADefinitive additional materials20 Oct
  • DEFA14ADefinitive additional materials19 Oct
  • DEFA14ADefinitive additional materials19 Oct
  • 8-KRegulation FD Disclosure19 Oct
  • DEFA14ADefinitive additional materials16 Oct
  • DEFA14ADefinitive additional materials16 Oct
  • 8-KRegulation FD Disclosure16 Oct
  • DEFA14ADefinitive additional materials15 Oct
  • DEFA14ADefinitive additional materials14 Oct
  • DEFA14ADefinitive additional materials13 Oct
  • 4Statement of changes in beneficial ownership13 Oct
  • DEFA14ADefinitive additional materials13 Oct
  • 8-KRegulation FD Disclosure13 Oct
  • DEFA14ADefinitive additional materials9 Oct
  • 144Patten Jarrod M9 Oct
  • 144Patten Jarrod M8 Oct
  • DEFA14ADefinitive additional materials5 Oct
  • DEFA14ADefinitive additional materials5 Oct
  • 8-KRegulation FD Disclosure5 Oct

News

  • BlockchAIn Digital Infrastructure Unveils $1B+ Nebius Data Center Lease Strategy02:02AM
  • Is Real Estate Dead? Grant Cardone's New Bitcoin Strategy23 Oct
  • Top Performing Leveraged/Inverse ETFs: 10/18/202623 Oct
  • Circle vs. Strategy: Which Stock Could Benefit Most From Crypto's Next Big Boom?23 Oct
  • Strategy (MSTR) Suffers a Larger Drop Than the General Market: Key Insights22 Oct
  • How Much of Your Portfolio Should Be in Bitcoin After JPMorgan’s 10% Forecast?22 Oct
  • Prediction: What Would Have to Happen for Bitcoin to Hit $150,000?22 Oct
  • Strategy (MSTR) Reports Next Week: Wall Street Expects Earnings Growth22 Oct
  • Bitcoin Price Analysis: Treasury Companies Break Even Near $80,000. What Happens if BTC Falls Below It?22 Oct
  • Strategy: Preferred Buybacks Vs. Bitcoin Purchases At 1.11x mNAV22 Oct
  • SpaceX and Tesla Are Exploring a Merger That Would Hold 30,000 BTC. What Could It Mean for Bitcoin?21 Oct
  • Strategy Inc (MSTR) Shares Surge 4.9% -- What GF Score of 61 Tells Investors20 Oct
  • Strategy Spent 3 Times More on Stock Buybacks Than Bitcoin in 5 Weeks. So Who Is Buying BTC?20 Oct
  • Strategy (MSTR) Stock Just Flashed a Golden Cross. Bitcoin Bulls Still Have Two Problems19 Oct
  • Strategy stock (MSTR) gains as company adds 267 BTC, raises buyback programme to $3B19 Oct
  • AI Price Prediction: We Asked Claude AI What Bitcoin and Solana Could Be Worth by 203019 Oct
  • Bitcoin News: MARA Sent 1,000 BTC to Exchanges as Saylor Hints at Another Buy. Is the Biggest Miner Selling?19 Oct
  • 4,352 Shares in Strategy Inc $MSTR Bought by Onyx Bridge Wealth Group LLC19 Oct
  • Strategy Inc $MSTR Stock Bought by Robertson Stephens Wealth Management LLC19 Oct
  • 2 Covered Call ETFs To Shield Your Income From An AI Crash18 Oct

Mentions in Filings

  • … er of Sertainty, a data optimization company. Mr. Sternhell has 24 years of experience in the IT and Corporate Learning industries, including two-decades, where he was head of a business intelligence unit representing <strong>Microstrategy</strong>, and, chief learning officer, representing Harvard Business Publishing. Mr. Sternhell was the founder of the first Non-Profit Organization that assisted Israel’s Incubator System, in which he hand-held over 100 high-te …
    OLB GROUP, INC.Strategy Inc·DEF 14A - Definitive proxy statement·Q4 26·23 Oct
  • … are held by long-term, low-activity entities (so-called “conviction buyers”), with this figure having grown approximately threefold since late 2025. The largest publicly disclosed corporate holder, Strategy (formerly <strong>MicroStrategy</strong>), holds 843,775 BTC as of July 26, 2026. The largest custodial concentrations are held by ETF custodians (notably Coinbase Custody, which holds BTC on behalf of several U.S. spot ETF issuers) and major exchanges (Bina …
    Cryptex Digital Market Cap ETFStrategy Inc·S-1/A - PRE-EFFECTIVE AMENDMENT NO. 6 TO FORM S-1·Q4 26·23 Oct
  • … er of Sertainty, a data optimization company. Mr. Sternhell has 24 years of experience in the IT and Corporate Learning industries, including two-decades, where he was head of a business intelligence unit representing <strong>Microstrategy</strong>, and, chief learning officer, representing Harvard Business Publishing. Mr. Sternhell was the founder of the first Non-Profit Organization that assisted Israel’s Incubator System, in which he hand-held over 100 high-te …
    OLB GROUP, INC.Strategy Inc·PRE 14A - Preliminary proxy statement·Q4 26·13 Oct
  • … e enabling advanced AI and high-performance computing (“HPC”) workloads. Through Sentinum, Inc., we have mined Bitcoin for years, providing a foundation of operational expertise in digital assets. Building on this experience, we now plan to hold Bitcoin as a primary treasury reserve asset, similar to the approach pioneered by <strong>MicroStrategy</strong>, while continuing to invest in Michigan as its long-term infrastructure hub. *Sentinum Breakeven Analysis*
    Hyperscale Data, Inc.Strategy Inc·424B5 - Prospectus filing (Rule 424(b)(5))·Q4 26·13 Oct
  • … are held by long-term, low-activity entities (so-called “conviction buyers”), with this figure having grown approximately threefold since late 2025. The largest publicly disclosed corporate holder, Strategy (formerly <strong>MicroStrategy</strong>), holds 843,775 BTC as of July 26, 2026. The largest custodial concentrations are held by ETF custodians (notably Coinbase Custody, which holds BTC on behalf of several U.S. spot ETF issuers) and major exchanges (Bina …
    Cryptex Digital Market Cap ETFStrategy Inc·S-1/A - PRE-EFFECTIVE AMENDMENT NO. 5 TO FORM S-1·Q3 26·30 Sep
  • Free Writing Prospectus pursuant to Rule 433 dated October 23, 2026 Registration Statement No. 333-284538 loac | | | --- | | Market Linked Securities — Autocallable with Contingent Coupon and Contingent Downside Principal at Risk Securities Linked to the Class A Common Stock of Strategy Inc (formerly <strong>MicroStrategy Incorporated</strong>) due October 29, 2027 |
    GS Finance Corp.Strategy Inc·FWP - Free writing prospectus·Q4 26·23 Oct

Key Stats

Trading

Px/Chg 1D$160.01 / -0.31%
Avg Volume19.86M
Beta2.02
Mkt Cap52.93B
FD Mkt Cap42.77B

Float

Shrs Out/Float330.81M / 330.04M
Short Float0.13%
Days to Cover1.32
Stock Repurchased$0.00

Current Valuation

EV67.97B
EV/EBITDA-4.86
EV/Sales138.58
P/B1.16
P/S107.92
FCF Yield0.02%
ROE-27.48%
ROA-23.11%
Current Ratio6.05

Estimates

P/E-4.28
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgApr '23Apr '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-8.45-2.5333.93-65.09-4.35-4.22
Price / Sales214.657.4529.34163.85446.77425.85
Price / Book Value0.68-9.706.734.171.081.16
Price / Free Cash Flow803.70-12.95-7.69-3.43-17.634,060.18
ENTERPRISE VALUE METRICS
Enterprise Value48,371.96,120.316,766.983,155.967,848.767,967.7
Enterprise Value / Sales264.7912.2633.79179.43551.66546.80
Enterprise Value / EBITDA-66.60-4.86-274.70-44.84-3.89-4.70
Enterprise Value / EBIT-55.94-4.82-221.89-44.41-3.89-4.70

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue-1.7%510.8499.3496.3463.5477.2
Gross Income-5.9%418.9396.3386.3334.0327.8
EBITDA63%-770.9-1,258.5-61.0-1,854.6-5,435.5
EBIT62.5%-782.2-1,269.3-75.6-1,872.4-5,461.0
Net Income65.6%-535.5-1,469.8429.1-1,166.7-4,031.5
EPS (Diluted)30%-5.34-12.982.64-6.06-15.23
BALANCE SHEET
Cash & ST Inv145.6%63.443.846.838.12,303.3
Total Assets104%3,557.12,410.34,762.525,843.761,641.1
Total Liabilities42.4%2,578.22,793.42,597.67,613.710,598.1
Total Shareholder Equity168.7%979.0-383.12,165.018,230.051,043.0
CASH FLOW
Net Operating Cash Flow—93.83.212.7-53.0-67.2
Cap Ex71.1%-2,629.2-290.4-1,905.2-22,086.2-22,512.3
Free Cash Flow72.7%-2,535.4-287.2-1,892.5-22,139.3-22,579.5

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)146.67
Basic Shares330.81
Market Cap48,519.6
Diluted Shares333.91
Fully Diluted Shares Outstanding333.91
Fully Diluted Market Cap48,975.0
+Consolidated Debt8,257.4
−In-the-Money Convertible Debt—
+Capital Leases60.9
+Operating Leases—
−Cash & Equivalents-2,207.2
−Short-term Investments-
+Total Preferred8,984.9
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value63,554.7

Segment data

Revenue

by Products and services

  • Product Support43%
  • Subscription Services37%
  • Other Services12%
  • Product Licenses8%

Revenue

by Geography

  • North America57%
  • E M E A34%
  • Other Regions9%

Related companies

Lion Group Holding Ltd

LGHL US

American Express Company

AXP US

Nu Holdings Ltd.

NU US

Guotai Junan Securities Co., Ltd.

GUOSF US

CITIC Securities Company Limited

CIIHY US

Coinbase Global, Inc.

COIN US

Affirm Holdings, Inc.

AFRM US

Synchrony Financial

SYF US

GF Securities Co., Ltd.

000776 CS

CSC Financial Co., Ltd.

601066 CG

China Merchants Securities Co., Ltd.

600999 CG

Tradeweb Markets Inc.

TW US