Accessibility Menu
Strategy logo

Strategy(NASDAQ) MSTR

Current Price$101.65
Market Cap$34.28BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1998)+826%
5 Year+76%
1 Year-77%
1 Month-13%
Strategy last closing stock price
MetricPriceDate
Last closeUSD 97.822026-07-20
Strategy stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+6.21%USD 92.102026-07-13
1 month-13.07%USD 112.532026-06-18
3 month-40.34%USD 163.972026-04-21
Year to date-35.62%USD 151.952025-12-31
1 year-76.89%USD 423.222025-07-18
3 year+124.02%USD 43.672023-07-21
5 year+75.64%USD 55.692021-07-21
Since inception+826.11%USD 10.561998-06-11

Strategy Financials at a Glance

Market Cap

$34.28BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$490.47M

Net Income (TTM)

-$12.36B

EPS (TTM)

-$40.16

P/E Ratio

-2.44

Dividend

$0.00

Beta (Volatility)

2.75 (High)

Price

$101.65

Volume

846,157

Open

$101.31

Previous Close

$101.65

Daily Range

$99.95 - $104.59

52-Week Range

$81.81 - $433.94

Estimated Earnings Date

Jul 30, 2026

MSTR News

Strategy logo on orange filter_The Motley Fool

Michael Saylor's Strategy Has a New Approach to Buying and Selling Bitcoin. Here's the Most Likely Scenario for How It Works Out

Neil PatelJul 14, 2026
bitcoin hit by lightning crypto

Why Strategy Stock Collapsed In The First Half of 2026

Brett SchaferJul 12, 2026
24_10_14 A child in a referee uniform putting their hand up to say stop _MF Dload GettyImages-108219895-1200x800-5b2df79

Strategy Says It Might Sell Up to $1.25 Billion in Bitcoin. So Is MSTR a Buy, Sell, or Hold Right Now?

Reuben Gregg BrewerJul 11, 2026
Popping a Bitcoin balloon

Strategy Just Sold $216 Million of Bitcoin to Pay Its Dividends. Is Its Business Breaking?

Justin PopeJul 10, 2026
gold coin with bitcoin symbol on it -- cryptocurrency BTC

Strategy Just Unveiled a Brand-New Approach to Bitcoin. Is the World's Biggest Bitcoin Treasury Company in Trouble?

Dominic BasultoJul 8, 2026
An image of Bitcoin on a phone.

Strategy Is No Longer Just Going to "Inoculate the Market," Selling Crypto May Be Much More Common. Here's What That Could Mean for the Stock

David Jagielski, CPAJul 7, 2026
GettyImages-1804788188 (1)

Why Strategy, Inc. Plunged in June

Billy DubersteinJul 5, 2026
Strategy logo on orange filter_The Motley Fool

Strategy Just Announced a Major Shake-Up to Its Bitcoin Plan. Here's What It Means for MSTR Stock.

Neil PatelJul 4, 2026
Page 1

MSTR: Motley Fool Moneyball Superscore

51

Our CEO Is Handing Members His Secret Weapon

It's called Motley Fool Moneyball, our new proprietary AI tool

We spent over half a million dollars in R&D to build a tool that makes stock research faster, sharper, and smarter. Our analysts use it every day, and now, you can too.

Get Access Now

About Strategy

Strategy helps businesses make better decisions using smart data analysis software. The company also buys and holds large amounts of bitcoin as a financial reserve. These two paths help the business grow and reach different types of investors.

What Strategy Offers

  • Bitcoin Treasury: Acquisitions and holdings of bitcoin used as a primary treasury reserve asset; as of February 13, 2026, the company held 717,131 bitcoins.
  • Strategy One: AI-powered analytics platform that helps users create dashboards and reports through a conversational interface called Auto.
  • Strategy Mosaic: Universal intelligence layer that keeps data definitions consistent across different sources and tools.
  • Digital Credit: Range of preferred stock instruments designed to give investors different levels of exposure to bitcoin and company equity.
  • Professional Services: Technical support, consulting, and education programs to help customers set up and use analytics software.

Recent Moves and Bitcoin Growth

  • Adopted a Treasury Reserve Policy in September 2020 to use bitcoin as the primary asset for holding excess cash.
  • Changed the company name to Strategy Inc from MicroStrategy Incorporated on August 11, 2025.
  • Issued five classes of preferred stock in 2025 to create novel financial instruments backed by its digital asset holdings.
  • Established a US dollar reserve in December 2025 to support future dividend and interest payments.

Standing Out from the Crowd

The company is the largest corporate holder of bitcoin in the world. It combines a scaled software business with an active capital management strategy centered on digital assets.

The Financial Scorecard

  • Net income fell to a loss of $12.6 billion in Q4 2025, down 1,781% from the previous year.
  • Operating income dropped to a loss of $17.4 billion in Q4 2025, a decrease of 1,616% year-over-year.
  • Revenue reached $123 million in Q4 2025, up 1.9% compared to Q4 2024.
  • Market capitalization was $44.7 billion in Q4 2025, down 30.4% from the prior year.
  • Free cash flow was negative $32.2 million in Q4 2025, representing a 99.8% improvement from Q4 2024.

Bottom Line

Strategy has shifted from a traditional software firm into a bitcoin-focused treasury company. This evolution uses software profits and capital markets to build a large-scale digital asset portfolio.

AI Generated • Apr 18, 2026

Industry

Software

Sector

Information Technology

Employees

1,511

CEO

Phong Q. Le, MBA

Website

www.strategy.com

Headquarters

Tysons Corner, VA 22182, US

MSTR Financials

Key Financial Metrics (TTM)

Gross Margin

68.11%

Operating Margin

94.21%

Net Income Margin

-2519.39%

Return on Equity

-24.09%

Return on Capital

-9.18%

Return on Assets

-22.77%

Earnings Yield

-40.98%

Dividend Yield

0.00%

Payout Ratio

-4.87%

Stock Overview

Market Cap

$34.28BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

350.45M

Volume

846.16K

Avg. Volume

20.57M

Financials (TTM)

Gross Profit

$334.08M

Operating Income

$462.09M

EBITDA

-$13.97B

Operating Cash Flow

-$50.86M

Capital Expenditure

$4.57B

Free Cash Flow

$4.52B

Cash & ST Invst.

$2.21B

Total Debt

$8.26B

Strategy Performance Analysis

Strategy annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 499,264,000-2.3%
20232023-12-31USD 496,261,000-0.6%
20242024-12-31USD 463,456,000-6.6%
20252025-12-31USD 477,233,0003.0%
Strategy sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-303.1%
Q32025-09-3012.4%
Q42025-12-31-4.4%
Q12026-03-311.1%
Strategy annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD -12.98142.9%
20232023-12-31USD 2.64N/A
20242024-12-31USD -6.06N/A
20252025-12-31USD -15.23151.4%
Strategy sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30297.7%
Q32025-09-30-74.2%
Q42025-12-31-609.9%
Q12026-03-3110.9%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

$124.30M

+11.9%

Gross Profit

$83.35M

+8.1%

Gross Margin

67.06%

N/A

Market Cap

$34.28BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$22.27M

N/A

Employees

1,539

N/A

Net Income

-$12.54B

-197.4%

EBITDA

-$14.45B

-144.2%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

$2.21B

+3445.3%

Total Debt

$8.26B

+0.8%

Accounts Receivable

$122.26M

+14.0%

Inventory

$0.00

N/A

Long Term Debt

$8.23B

+0.4%

Short Term Debt

$31.40M

+5881.3%

Return on Assets

-22.77%

N/A

Return on Invested Capital

0.86%

N/A

Free Cash Flow

$13.04M

+100.2%

Operating Cash Flow

$13.99M

+685.6%

Other Investments to Explore

People Also Watch

Symbol / CompanyPricePrice Chg
WDAYWorkday, Inc.
$141.17-4.11%
ADSKAutodesk, Inc.
$211.15-3.05%
INFYInfosys Limited
$11.16-1.33%
TELTE Connectivity plc
$209.01+2.89%

Trending Stocks

Symbol / CompanyPricePrice Chg
ONDSOndas
$7.66+0.11%
NOKNokia
$10.63+0.05%
MARAMara Holdings
$12.25+0.05%
AALAmerican Airlines Group
$15.28+0.01%

Questions About MSTR

What is the current price of Strategy?

Strategy is trading at $101.65 per share.

What is the 52-week range for Strategy?

Over the past 52 weeks, Strategy has traded between $81.81 and $433.94.

How much debt does Strategy have?

As of the most recent reporting period, Strategy reported total debt of $8.26B.

How much cash does Strategy have on hand?

Strategy reported $2.21B in cash and cash equivalents in its most recent financial results.

What is Strategy’s dividend yield?

Strategy does not currently have a dividend yield.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services