Symbols / MSTR
MSTR Chart
About
Strategy Inc, together with its subsidiaries, operates as a bitcoin treasury company in the United States, Europe, the Middle East, Africa, and internationally. The company offers investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed income instruments. It 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; and 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.
Fundamentals
Scroll to Statements| Sector | Technology | Industry | Software - Application | Market Cap | 42.75B |
| Enterprise Value | 54.63B | Income | -4.23B | Sales | 477.23M |
| Book/sh | 141.39 | Cash/sh | 7.38 | Dividend Yield | — |
| Payout | 0.00% | Employees | — | IPO | — |
| P/E | — | Forward P/E | 1.87 | PEG | — |
| P/S | 89.58 | P/B | 0.91 | P/C | — |
| EV/EBITDA | -10.08 | EV/Sales | 114.48 | Quick Ratio | 5.49 |
| Current Ratio | 5.62 | Debt/Eq | 16.14 | LT Debt/Eq | — |
| EPS (ttm) | -15.24 | EPS next Y | 68.88 | EPS Growth | — |
| Revenue Growth | 1.90% | Earnings | 2026-04-30 | ROA | -7.78% |
| ROE | -11.11% | ROIC | — | Gross Margin | 68.69% |
| Oper. Margin | -141.85% | Profit Margin | 0.00% | Shs Outstand | 312.63M |
| Shs Float | 292.96M | Short Float | 12.03% | Short Ratio | 1.51 |
| Short Interest | — | 52W High | 457.22 | 52W Low | 104.17 |
| Beta | 3.54 | Avg Volume | 23.18M | Volume | 17.47M |
| Target Price | $396.00 | Recom | Strong_buy | Prev Close | $133.88 |
| Price | $128.67 | Change | -3.89% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$396.00
Mean price target
2. Current target
$128.67
Latest analyst target
3. DCF / Fair value
$396.00
Proxy: analyst mean price target (no FCF/EPS data available).
Ratings
Current target
$128.67
Low
$185.00
High
$705.00
Mean
$396.00
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-02-17 | main | Mizuho | Outperform → Outperform | $320 |
| 2026-02-09 | main | Cantor Fitzgerald | Overweight → Overweight | $192 |
| 2026-02-06 | main | BTIG | Buy → Buy | $250 |
| 2026-02-04 | main | Canaccord Genuity | Buy → Buy | $185 |
| 2026-01-16 | main | Mizuho | Outperform → Outperform | $403 |
| 2026-01-15 | main | TD Cowen | Buy → Buy | $440 |
| 2025-12-22 | main | Citigroup | Buy → Buy | $325 |
| 2025-12-08 | main | Bernstein | Outperform → Outperform | $450 |
| 2025-11-10 | up | Monness, Crespi, Hardt | Sell → Neutral | — |
| 2025-11-03 | main | HC Wainwright & Co. | Buy → Buy | $475 |
| 2025-11-03 | main | Canaccord Genuity | Buy → Buy | $474 |
| 2025-10-31 | main | TD Cowen | Buy → Buy | $535 |
| 2025-10-31 | main | Cantor Fitzgerald | Overweight → Overweight | $560 |
| 2025-10-31 | main | BTIG | Buy → Buy | $630 |
| 2025-10-21 | init | Citigroup | — → Buy | $485 |
| 2025-10-15 | init | China Renaissance | — → Buy | $473 |
| 2025-09-30 | down | Wells Fargo | Overweight → Equal-Weight | $54 |
| 2025-09-16 | main | TD Cowen | Buy → Buy | $620 |
| 2025-08-26 | main | Canaccord Genuity | Buy → Buy | $464 |
| 2025-08-11 | main | Mizuho | Outperform → Outperform | $586 |
- MSTR Stock Dips: Mizuho Trims Target by 20% on ‘BTC Weakness’ - TipRanks ue, 17 Feb 2026 12
- This $130 Stock Could Be Your Ticket to Millionaire Status - The Motley Fool Mon, 16 Feb 2026 17
- IREN vs. MSTR: Which Bitcoin-Focused Stock is a Buy Right Now? - Zacks Investment Research ue, 17 Feb 2026 13
- Strategy (MSTR) news: company added 2,486 bitcoin last week - CoinDesk ue, 17 Feb 2026 13
- Strategy: Time To Accumulate (NASDAQ:MSTR) - Seeking Alpha ue, 17 Feb 2026 12
- MicroStrategy Stock Price Flashes a 10% Warning as Bitcoin Link Tightens - BeInCrypto Mon, 16 Feb 2026 20
- Strategy Inc (MSTR) a Strong Buy, Analysts Forecast 193% Upside - Yahoo Finance Sun, 15 Feb 2026 04
- Strategy (MSTR) plans to swap $6B convertible debt for equity - TradingView Mon, 16 Feb 2026 08
- IREN vs. MSTR: Which Bitcoin-Focused Stock is a Buy Right Now? - TradingView ue, 17 Feb 2026 13
- Michael Saylor’s bitcoin stack is officially underwater, but here’s why he likely won't reach for the panic button - CoinDesk Sat, 31 Jan 2026 08
- Saylor’s Strategy Pivot: High-Yield Preferred Stock Now Funding Bitcoin Buys - Quiver Quantitative ue, 17 Feb 2026 20
- 65% Yield from the YieldMax MSTR Option Income Strategy ETF (MSTY): Is It Real? - 24/7 Wall St. ue, 17 Feb 2026 15
- Why Strategy (MSTR) Stock Is Falling Today - Yahoo Finance hu, 05 Feb 2026 08
- Charles Schwab quietly boosts stake in MicroStrategy - thestreet.com ue, 17 Feb 2026 16
- MSTR Stock Takes a Dive Amid Cryptocurrency Market Turbulence - timothysykes.com ue, 17 Feb 2026 14
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 5000 | 779395.0 | — | Purchase at price 155.88 per share. | RICKERTSEN CARL JOHN | Director | — | 2026-01-12 00:00:00 | D |
| 1 | 1800 | — | — | Stock Gift at price 0.00 per share. | KANG ANDREW | Chief Financial Officer | — | 2025-12-19 00:00:00 | D |
| 2 | 686 | nan | — | — | DIETZE JANE A | Director | — | 2025-12-19 00:00:00 | D |
| 3 | 686 | nan | — | — | WINIARSKI GREGG | Director | — | 2025-12-19 00:00:00 | D |
| 4 | 686 | nan | — | — | BROOKS BRIAN P | Director | — | 2025-12-19 00:00:00 | D |
| 5 | 5200 | 1045252.0 | — | Sale at price 200.00 - 202.02 per share. | SHAO WEI-MING | General Counsel | — | 2025-11-19 00:00:00 | D |
| 6 | 5200 | 359440.0 | — | Conversion of Exercise of derivative security at price 69.12 per share. | SHAO WEI-MING | General Counsel | — | 2025-11-19 00:00:00 | D |
| 7 | 43 | 8968.0 | — | Sale at price 208.55 per share. | MONTGOMERY JEANINE J. | Officer | — | 2025-11-18 00:00:00 | D |
| 8 | 5200 | 1041248.0 | — | Sale at price 200.00 - 200.48 per share. | SHAO WEI-MING | General Counsel | — | 2025-11-17 00:00:00 | D |
| 9 | 5200 | 359440.0 | — | Conversion of Exercise of derivative security at price 69.12 per share. | SHAO WEI-MING | General Counsel | — | 2025-11-17 00:00:00 | D |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | -719.68M | -14.94M | -270.12M | -282.41M |
| TaxRateForCalcs | 0.40 | 0.21 | 0.21 | 0.34 |
| NormalizedEBITDA | -41.80M | 10.13M | 27.83M | 59.74M |
| TotalUnusualItems | -1.81B | -71.17M | -1.29B | -830.62M |
| TotalUnusualItemsExcludingGoodwill | -1.81B | -71.17M | -1.29B | -830.62M |
| NetIncomeFromContinuingOperationNetMinorityInterest | -1.17B | 429.12M | -1.47B | -535.48M |
| ReconciledDepreciation | 17.81M | 14.53M | 10.87M | 11.36M |
| ReconciledCostOfRevenue | 129.47M | 109.94M | 102.99M | 91.91M |
| EBITDA | -1.85B | -61.04M | -1.26B | -770.88M |
| EBIT | -1.87B | -75.56M | -1.27B | -782.24M |
| NetInterestIncome | -61.94M | -48.96M | -53.14M | -29.15M |
| InterestExpense | 61.94M | 48.96M | 53.14M | 29.15M |
| NormalizedIncome | -73.55M | 485.34M | -453.63M | 12.73M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -1.17B | 429.12M | -1.47B | -535.48M |
| TotalExpenses | 526.57M | 495.46M | 488.72M | 464.67M |
| TotalOperatingIncomeAsReported | -1.85B | -115.05M | -1.28B | -784.53M |
| DilutedAverageShares | 192.55M | 165.66M | 113.21M | 100.20M |
| BasicAverageShares | 192.55M | 136.71M | 113.21M | 100.20M |
| DilutedEPS | -6.06 | 2.64 | -12.98 | -5.34 |
| BasicEPS | -6.06 | 3.14 | -12.98 | -5.34 |
| DilutedNIAvailtoComStockholders | -1.17B | 437.64M | -1.47B | -535.48M |
| AverageDilutionEarnings | 0.00 | 8.52M | 0.00 | 0.00 |
| NetIncomeCommonStockholders | -1.17B | 429.12M | -1.47B | -535.48M |
| NetIncome | -1.17B | 429.12M | -1.47B | -535.48M |
| NetIncomeIncludingNoncontrollingInterests | -1.17B | 429.12M | -1.47B | -535.48M |
| NetIncomeContinuousOperations | -1.17B | 429.12M | -1.47B | -535.48M |
| TaxProvision | -767.68M | -553.65M | 147.33M | -275.91M |
| PretaxIncome | -1.93B | -124.53M | -1.32B | -811.39M |
| OtherIncomeExpense | -1.81B | -76.37M | -1.28B | -828.33M |
| OtherNonOperatingIncomeExpenses | 3.51M | -5.20M | 6.41M | 2.29M |
| SpecialIncomeCharges | -1.81B | -71.17M | -1.29B | -830.62M |
| OtherSpecialCharges | 22.93M | -44.69M | ||
| ImpairmentOfCapitalAssets | 1.79B | 115.85M | 1.29B | 830.62M |
| NetNonOperatingInterestIncomeExpense | -61.94M | -48.96M | -53.14M | -29.15M |
| TotalOtherFinanceCost | 53.14M | 29.15M | ||
| InterestExpenseNonOperating | 61.94M | 48.96M | 53.14M | 29.15M |
| OperatingIncome | -63.12M | 804.00K | 10.54M | 46.09M |
| OperatingExpense | 397.10M | 385.51M | 385.73M | 372.76M |
| ResearchAndDevelopment | 118.49M | 120.53M | 127.43M | 117.12M |
| SellingGeneralAndAdministration | 278.62M | 264.98M | 258.30M | 255.64M |
| SellingAndMarketingExpense | 138.08M | 149.67M | 146.88M | 160.14M |
| GeneralAndAdministrativeExpense | 140.54M | 115.31M | 111.42M | 95.50M |
| OtherGandA | 140.54M | 115.31M | 111.42M | 95.50M |
| GrossProfit | 333.99M | 386.32M | 396.27M | 418.85M |
| CostOfRevenue | 129.47M | 109.94M | 102.99M | 91.91M |
| TotalRevenue | 463.46M | 496.26M | 499.26M | 510.76M |
| OperatingRevenue | 399.15M | 420.42M | 413.76M | 426.08M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TreasurySharesNumber | 0.00 | 86.84M | 86.84M | 86.84M |
| OrdinarySharesNumber | 245.78M | 168.68M | 115.49M | 112.86M |
| ShareIssued | 245.78M | 255.52M | 202.33M | 199.70M |
| NetDebt | 7.15B | 2.14B | 2.34B | 2.09B |
| TotalDebt | 7.25B | 2.24B | 2.45B | 2.23B |
| TangibleBookValue | -5.68B | -1.46B | -2.22B | -1.87B |
| InvestedCapital | 25.42B | 4.35B | 2.00B | 3.13B |
| WorkingCapital | -103.06M | -55.38M | -52.84M | -44.02M |
| NetTangibleAssets | -5.68B | -1.46B | -2.22B | -1.87B |
| CapitalLeaseObligations | 56.40M | 61.09M | 67.34M | 76.61M |
| CommonStockEquity | 18.23B | 2.16B | -383.12M | 978.96M |
| TotalCapitalization | 25.42B | 4.35B | 2.00B | 3.13B |
| TotalEquityGrossMinorityInterest | 18.23B | 2.16B | -383.12M | 978.96M |
| StockholdersEquity | 18.23B | 2.16B | -383.12M | 978.96M |
| GainsLossesNotAffectingRetainedEarnings | -15.38M | -11.44M | -13.80M | -7.54M |
| OtherEquityAdjustments | -15.38M | -11.44M | -13.80M | -7.54M |
| TreasuryStock | 0.00 | 782.10M | 782.10M | 782.10M |
| RetainedEarnings | -2.17B | -999.23M | -1.43B | 41.44M |
| AdditionalPaidInCapital | 20.41B | 3.96B | 1.84B | 1.73B |
| CapitalStock | 246.00K | 26.00K | 20.00K | 20.00K |
| CommonStock | 246.00K | 26.00K | 20.00K | 20.00K |
| PreferredStock | 0.00 | 0.00 | 0.00 | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 7.61B | 2.60B | 2.79B | 2.58B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 7.26B | 2.27B | 2.48B | 2.27B |
| OtherNonCurrentLiabilities | 5.38M | 22.21M | 17.12M | 26.22M |
| NonCurrentDeferredLiabilities | 5.38M | 8.88M | 12.96M | 8.20M |
| NonCurrentDeferredRevenue | 4.97M | 8.52M | 12.76M | 8.09M |
| NonCurrentDeferredTaxesLiabilities | 407.00K | 357.00K | 198.00K | 109.00K |
| LongTermDebtAndCapitalLeaseObligation | 7.25B | 2.24B | 2.45B | 2.23B |
| LongTermCapitalLeaseObligation | 56.40M | 61.09M | 67.34M | 76.61M |
| LongTermDebt | 7.19B | 2.18B | 2.38B | 2.16B |
| CurrentLiabilities | 355.38M | 323.27M | 317.40M | 311.99M |
| CurrentDeferredLiabilities | 237.97M | 228.16M | 217.43M | 209.86M |
| CurrentDeferredRevenue | 237.97M | 228.16M | 217.43M | 209.86M |
| CurrentDebtAndCapitalLeaseObligation | 517.00K | 483.00K | 454.00K | |
| CurrentDebt | 517.00K | 483.00K | 454.00K | |
| PensionandOtherPostRetirementBenefitPlansCurrent | 58.36M | 50.05M | 53.72M | 54.55M |
| PayablesAndAccruedExpenses | 58.53M | 44.58M | 45.80M | 47.58M |
| CurrentAccruedExpenses | 5.55M | 1.49M | 2.83M | 1.49M |
| InterestPayable | 5.55M | 1.49M | 2.83M | 1.49M |
| Payables | 52.98M | 43.09M | 42.98M | 46.08M |
| AccountsPayable | 52.98M | 43.09M | 42.98M | 46.08M |
| TotalAssets | 25.84B | 4.76B | 2.41B | 3.56B |
| TotalNonCurrentAssets | 25.59B | 4.49B | 2.15B | 3.29B |
| OtherNonCurrentAssets | 75.79M | 24.30M | 23.92M | 15.82M |
| NonCurrentPrepaidAssets | 15.82M | |||
| NonCurrentDeferredAssets | 1.53B | 757.57M | 188.15M | 319.78M |
| NonCurrentDeferredTaxesAssets | 1.53B | 757.57M | 188.15M | 319.78M |
| GoodwillAndOtherIntangibleAssets | 23.91B | 3.63B | 1.84B | 2.85B |
| OtherIntangibleAssets | 23.91B | 3.63B | 1.84B | 2.85B |
| NetPPE | 80.89M | 86.28M | 93.61M | 103.35M |
| AccumulatedDepreciation | -133.32M | -130.46M | -125.32M | -122.63M |
| GrossPPE | 214.21M | 216.75M | 218.93M | 225.98M |
| Leases | 29.55M | 29.94M | 28.75M | 28.87M |
| OtherProperties | 54.56M | 57.34M | 61.30M | 66.76M |
| MachineryFurnitureEquipment | 130.10M | 129.46M | 128.87M | 130.34M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 252.32M | 267.89M | 264.57M | 267.96M |
| OtherCurrentAssets | 31.22M | 35.41M | 24.42M | 14.25M |
| RestrictedCash | 1.78M | 1.86M | 7.03M | 1.08M |
| PrepaidAssets | 14.25M | |||
| Receivables | 181.20M | 183.81M | 189.28M | 189.28M |
| AccountsReceivable | 181.20M | 183.81M | 189.28M | 189.28M |
| AllowanceForDoubtfulAccountsReceivable | -2.19M | -3.07M | -2.56M | -2.77M |
| GrossAccountsReceivable | 183.39M | 186.88M | 191.84M | 192.06M |
| CashCashEquivalentsAndShortTermInvestments | 38.12M | 46.82M | 43.84M | 63.36M |
| CashAndCashEquivalents | 38.12M | 46.82M | 43.84M | 63.36M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -22.14B | -1.89B | -287.20M | -2.54B |
| RepurchaseOfCapitalStock | 0.00 | 0.00 | ||
| RepaymentOfDebt | -516.35M | -160.55M | -246.00K | 0.00 |
| IssuanceOfDebt | 6.21B | 0.00 | 215.79M | 1.55B |
| IssuanceOfCapitalStock | 16.36B | 2.03B | 46.59M | 1.00B |
| CapitalExpenditure | -22.09B | -1.91B | -290.41M | -2.63B |
| InterestPaidSupplementalData | 44.57M | 41.23M | 43.45M | 20.42M |
| IncomeTaxPaidSupplementalData | 1.06M | 30.32M | 21.97M | 7.01M |
| EndCashPosition | 39.90M | 48.67M | 50.87M | 64.43M |
| BeginningCashPosition | 48.67M | 50.87M | 64.43M | 60.76M |
| EffectOfExchangeRateChanges | -2.15M | 444.00K | -3.38M | -2.61M |
| ChangesInCash | -6.63M | -2.64M | -10.19M | 6.28M |
| FinancingCashFlow | 22.13B | 1.89B | 265.19M | 2.54B |
| CashFlowFromContinuingFinancingActivities | 22.13B | 1.89B | 265.19M | 2.54B |
| NetOtherFinancingCharges | -116.37M | -13.26M | -2.82M | -51.82M |
| ProceedsFromStockOptionExercised | 188.59M | 34.47M | 5.87M | 43.51M |
| NetCommonStockIssuance | 16.36B | 2.03B | 46.59M | 1.00B |
| CommonStockPayments | 0.00 | 0.00 | ||
| CommonStockIssuance | 16.36B | 2.03B | 46.59M | 1.00B |
| NetIssuancePaymentsOfDebt | 5.70B | -160.55M | 215.55M | 1.55B |
| NetLongTermDebtIssuance | 5.70B | -160.55M | 215.55M | 1.55B |
| LongTermDebtPayments | -516.35M | -160.55M | -246.00K | 0.00 |
| LongTermDebtIssuance | 6.21B | 0.00 | 215.79M | 1.55B |
| InvestingCashFlow | -22.09B | -1.91B | -278.59M | -2.63B |
| CashFlowFromContinuingInvestingActivities | -22.09B | -1.91B | -278.59M | -2.63B |
| NetInvestmentPurchaseAndSale | 0.00 | 0.00 | ||
| SaleOfInvestment | 0.00 | 0.00 | ||
| PurchaseOfInvestment | 0.00 | 0.00 | ||
| NetIntangiblesPurchaseAndSale | -22.07B | -1.90B | -276.10M | -2.63B |
| SaleOfIntangibles | 0.00 | 0.00 | 11.82M | 0.00 |
| PurchaseOfIntangibles | -22.07B | -1.90B | -287.92M | -2.63B |
| NetPPEPurchaseAndSale | -13.48M | -2.94M | -2.49M | -2.71M |
| PurchaseOfPPE | -13.48M | -2.94M | -2.49M | -2.71M |
| OperatingCashFlow | -53.03M | 12.71M | 3.21M | 93.83M |
| CashFlowFromContinuingOperatingActivities | -53.03M | 12.71M | 3.21M | 93.83M |
| ChangeInWorkingCapital | -42.71M | -21.05M | -36.61M | 11.09M |
| ChangeInOtherWorkingCapital | -33.51M | -9.64M | 2.50M | 17.08M |
| ChangeInOtherCurrentLiabilities | -13.35M | -7.76M | -17.83M | -11.84M |
| ChangeInPayablesAndAccruedExpense | 5.33M | -1.97M | -2.19M | 4.97M |
| ChangeInAccruedExpense | 4.19M | -1.34M | 1.34M | 1.22M |
| ChangeInInterestPayable | 4.19M | -1.34M | 1.34M | 1.22M |
| ChangeInPayable | 1.14M | -634.00K | -3.52M | 3.75M |
| ChangeInAccountPayable | 1.14M | -634.00K | -3.52M | 3.75M |
| ChangeInPrepaidAssets | -6.86M | -11.99M | -13.80M | -1.74M |
| ChangeInReceivables | 5.69M | 10.31M | -5.29M | 2.62M |
| ChangesInAccountReceivables | 5.69M | 10.31M | -5.29M | 2.62M |
| OtherNonCashItems | 23.81M | 17.45M | 16.77M | 15.39M |
| StockBasedCompensation | 77.12M | 69.57M | 63.62M | 44.13M |
| ProvisionandWriteOffofAssets | 649.00K | 1.39M | 939.00K | 1.51M |
| AssetImpairmentCharge | 1.79B | 115.85M | 1.29B | 830.62M |
| DeferredTax | -775.85M | -569.46M | 131.13M | -284.78M |
| DeferredIncomeTax | -775.85M | -569.46M | 131.13M | -284.78M |
| DepreciationAmortizationDepletion | 17.81M | 14.53M | 10.87M | 11.36M |
| DepreciationAndAmortization | 17.81M | 14.53M | 10.87M | 11.36M |
| OperatingGainsLosses | 22.93M | -44.69M | ||
| NetIncomeFromContinuingOperations | -1.17B | 429.12M | -1.47B | -535.48M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for MSTR
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|