Stock detail

Strategy (MSTR) stock price, chart, and key data

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MSTR

Stock detail

Strategy

MSTR · XNAS

-$20.34 (-19.87%) past day

$82.04

Pre-market $99.63 (+21.44%)

XNASMarket closedLast updated: Jul 23, 06:46 PM

Key metrics

Financials

Quarterly revenue, profitability, and balance-sheet snapshot

32.6013.69-5.22-24.12-43.03
FY2025 Q1Reported Revenue: $111MExpected Revenue: $116MNet income: -$4BReported EPS: -16.49Expected EPS: -16.53
FY2025 Q2Reported Revenue: $114MExpected Revenue: $113MNet income: $10BReported EPS: 32.60Expected EPS: 32.52
FY2025 Q3Reported Revenue: $129MExpected Revenue: $117MNet income: $3BReported EPS: 8.42
FY2025 Q4Reported Revenue: $123MExpected Revenue: $118MNet income: -$12BReported EPS: -43.03
FY2026 Q1Reported Revenue: $124MExpected Revenue: $125MNet income: -$13BReported EPS: -38.25Expected EPS: -38.25
FY2026 Q2Expected Revenue: $124M
10B5.5B995.4M-3.5B-8B-12.5B
FY25 Q1Q2Q3Q4FY26 Q1Q2

Operating income & Operating cash flow

Quarterly revenue, profitability, and balance-sheet snapshot

14B8.3B2.6B-3.1B-8.8B-14.5B
FY2024 Q4Operating income: -$1BOperating cash flow: -$17M
FY2025 Q1Operating income: -$6BOperating cash flow: -$2M
FY2025 Q2Operating income: $14BOperating cash flow: -$35M
FY2025 Q3Operating income: -$5,000Operating cash flow: -$8M
FY2025 Q4Operating income: -$5BOperating cash flow: -$22M
FY2026 Q1Operating income: -$14BOperating cash flow: $14M
FY24 Q4FY25 Q1Q2Q3Q4FY26 Q1

Total assets & Total liabilities

Quarterly revenue, profitability, and balance-sheet snapshot

73.6B58.9B44.2B29.4B14.7B0
FY2024 Q4Total assets: $26BTotal liabilities: $8B
FY2025 Q1Total assets: $44BTotal liabilities: $10B
FY2025 Q2Total assets: $65BTotal liabilities: $14B
FY2025 Q3Total assets: $74BTotal liabilities: $16B
FY2025 Q4Total assets: $62BTotal liabilities: $11B
FY2026 Q1Total assets: $54BTotal liabilities: $9B
FY24 Q4FY25 Q1Q2Q3Q4FY26 Q1

Total equity & Shares outstanding

Quarterly revenue, profitability, and balance-sheet snapshot

58.1B46.5B34.9B23.2B11.6B0
FY2024 Q4Total equity: $18BShares outstanding: 257.4M
FY2025 Q1Total equity: $34BShares outstanding: 273.4M
FY2025 Q2Total equity: $50BShares outstanding: 283.6M
FY2025 Q3Total equity: $58BShares outstanding: 287.4M
FY2025 Q4Total equity: $51BShares outstanding: 333.8M
FY2026 Q1Total equity: $46BShares outstanding: 350.4M
FY24 Q4FY25 Q1Q2Q3Q4FY26 Q1

Day range

$98.42 - $102.49

52-week range

$81.81 - $437.00

Close price

$101.95

Market cap

$35.5B

P/E ratio

-2.12

Beta

3.54

Financials

FY2026 Q1

Operating income

-$14B

Operating cash flow

$14M

EPS

-38.25

Shares outstanding

350.4M

Total assets

$54B

Total equity

$46B

Total liabilities

$9B

About the company

Strategy Inc

Strategy Inc., formerly known as MicroStrategy, is an American company that provides business intelligence and mobile software. Founded in 1989 by Michael J. Saylor, Sanju Bansal, and Thomas Spahr, the firm develops software to analyze internal and external data in order to make business decisions and to develop mobile apps. It is a public company headquartered in Tysons Corner, Virginia, in the Washington metropolitan area. Its primary business analytics competitors include SAP SE Business Objects, IBM Cognos, and Oracle Corporation's BI Platform. Saylor is the executive chairman and, from 1989 to 2022, was the CEO. Since 2020, the company's securities are widely considered to be a bitcoin proxy due to Strategy's holdings of the cryptocurrency. Saylor has compared it to a bitcoin spot leveraged ETF, though it is not a regulated investment fund. As of November 17, 2025, Strategy was reported to own over 650,000 bitcoins, worth roughly $59.69 billion, and is the largest corporate holder of the asset. This strategy has primarily been driven by Saylor.

Analyst rating summary

A current read on analyst sentiment from the insight feed.

Mean target

$275

Current price $99.10
Low$130High$570

13

Buy

/ 14

Recent calls

07/13/2026

TD Cowen

Lance Vitanza

Buy · Price target $260

07/13/2026

BTIG

Andrew Harte

Buy · Price target $250

07/08/2026

Barclays

Nik Cremo

Buy · Price target $130

Ticker holders

Review politician disclosures and insider transactions in tabs.

Holder directory

Select a heading to reorder by name, activity date, buy/sell, or displayed value.

7/7

#1Sean McMaster

Executive

self
  • Sell$50,001 / $75,001 / $100,000
$50,001/$75,001/$100,000

#2Neal Dunn

republican · House · FL-2

spouse
  • Buy$15,001 / $32,501 / $50,000
$15,001/$32,501/$50,000

#3Lois Frankel

democrat · House · FL-22

self
  • Sell$1,001 / $8,001 / $15,000
  • Buy$1,001 / $8,001 / $15,000
  • Buy$1,001 / $8,001 / $15,000
$3,003/$24,002/$45,000

#4Gilbert Cisneros

democrat · House · CA-31

self
2024
1,294/863/1,726

#5Shri Thanedar

democrat · House · MI-13

self
  • Buy$15,001 / $32,501 / $50,000
112/51/172

#6Donald J Trump

republican · Executive

self
2026
85/10/160

#7Jefferson Shreve

republican · House · IN-6

self
  • Sell$15,001 / $32,501 / $50,000
  • Buy$15,001 / $32,501 / $50,000
34/16/53

Market action

A concise summary of the latest filing, transaction, or market-moving item.

Strategy Inc. reported that it raised additional capital through its at-the-market equity program during the week of July 13 to July 19, 2026, while making no new bitcoin purchases and no share repurchases. The company said it sold 2,732,318 shares of its Class A common stock, ticker MSTR, under its ATM program during the period. The common-stock sales generated $263.5 million in net proceeds, after sales commissions. Strategy noted that the share count includes shares sold but not yet settled as of July 17, 2026. As of July 19, the company reported $23.5265 billion of MSTR common stock still available for issuance and sale under its ATM capacity. Strategy also provided remaining ATM availability for its preferred-stock programs. As of July 19, the company listed $1.6193 billion available for STRF, its 10.00% Series A Perpetual Strife Preferred Stock; $17.5108 billion for STRC, its Variable Rate Series A Perpetual Stretch Preferred Stock; $2.1000 billion for STRK, its 8.00% Series A Perpetual Strike Preferred Stock; and $4.0148 billion for STRD, its 10.00% Series A Perpetual Stride Preferred Stock. The filing explains that preferred-stock amounts are measured by total face value, which is used to calculate dividends. It also reiterates that Strategy’s MSTR common-stock availability reflects both its existing ATM program and the previously announced $21.0 billion increase disclosed on March 23, 2026, with sales under that increase to begin once existing capacity is substantially depleted. Separately, Strategy said it did not purchase any shares under its share repurchase programs between July 13 and July 19. The company also reported that it made no bitcoin purchases during the week. As of July 19, 2026, Strategy held 843,775 bitcoin, acquired for an aggregate purchase price of $63.69 billion, including fees and expenses, for an average purchase price of $75,476 per bitcoin. The company also updated its liquidity position, saying its U.S. dollar reserve stood at $3.225 billion as of July 19. Strategy said that reserve is intended to support dividend payments on its preferred stock and interest payments on outstanding debt, and that the balance includes expected cash proceeds from ATM shares sold but not yet settled as of that date. In a Regulation FD disclosure, Strategy noted that it maintains a public dashboard on its website as a disclosure channel for information such as market prices of its securities, bitcoin purchases and holdings, key performance indicators and other supplemental information.

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