MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock

MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock

STRC
MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred StockUS flagNASDAQ Global Select
94.65
USD
-2.06
- -
28.12BMarket Cap
MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock
STRC
(NASDAQ Global Select)

Recent

price

94.65

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
455
537
566
576
580
530
514
504
498
486
481
511
499
496
463
477
490
Sales/Revenue/Turnover
11.13
3.88
5.85
3.38
3.42
25.35
21.33
14.53
0.8
-0.21
11.87
9.02
2.11
0.16
-13.62
-8.57
-8.25
Operating Margin (%)
13
17
22
26
25
21
20
16
4
9
13
11
11
15
18
26
28
Depreciation Expense
44
18
21
83
5
106
92
18
23
34
-8
-535
-1,470
429
-1,167
-3,848
-12,173
Net Income, GAAP
20.32
13.46
30.22
- -
54.44
23.16
19.75
74.54
- -
10.21
- -
- -
- -
- -
- -
- -
56.51
Effective Tax Rate (%)
9.63
3.34
3.63
14.47
0.87
19.99
17.96
3.61
4.52
7.06
-1.57
-104.84
-294.39
86.47
-251.73
-806.35
-2,482.01
Profit Margin (%)
110
125
143
246
265
393
500
590
520
484
-13
-44
-53
-55
-103
2,108
1,996
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
103
571
2,232
2,446
2,243
7,248
8,205
8,226
LT Debt
149
169
200
310
324
455
552
606
530
509
553
979
-383
2,165
18,230
51,043
45,636
Total Equity
22.16
11.54
12.84
- -
2.88
26.73
17.58
3.24
- -
-0.16
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
29.48
10
10.34
- -
1.71
30.24
20.56
3.56
- -
5.56
- -
- -
- -
- -
- -
- -
76.76
Return on Capital (%)
29.48
10
10.34
33.25
1.71
30.24
20.56
3.56
4.18
6.07
-1.3
-173.45
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
31
31
LT Borrowings
8,174
8,159
8,165
LT Finance Leases
48
46
61
Preferred Equity and Hybrid Capital
5,786
6,920
8,985
Shares Outstanding
287
312
346
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
214
2,564
2,391
Cash, Cash Equivalents & STI
54
2,301
2,207
Accounts Receivable, Net
113
206
122
Inventories
- -
- -
- -
Total Current Liabilities
324
456
395
Payables & Accruals
79
83
99
ST Debt
- -
31
31
Deferred Revenue
201
272
231

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.8%
38.96%
179.99%
Free Cash Flow
54.53%
335.59%
1.99%
Net Income, GAAP
678.15%
1,384.04%
229.84%
Sales/Revenue/Turnover
-0.99%
-0.05%
2.97%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
115
111
116
121
463
2025
111
114
129
123
477
2026
124
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Strategy Inc. Strategy Inc., formerly MicroStrategy Incorporated MicroStrategy Incorporated, operates as a bitcoin treasury company and provider of AI-powered enterprise analytics software; it offers investors economic exposure to bitcoin through a range of equity and fixed income securities, including its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock, which provides variable dividends backed by overcollateralized bitcoin holdings at a roughly 5-to-1 ratio and targets price stability around $100 per share. The company develops and sells the Strategy ONE platform, featuring AI-driven dashboards, visualizations, HyperIntelligence for contextual workflow insights, mobile BI applications, embedded analytics, and cloud-native deployments on AWS, Azure, or Google Cloud; additional products include Strategy Mosaic as a universal semantic intelligence layer for data governance across sources, Cloud Reporter for web-based report execution and distribution, and AI Consumer interfaces supporting conversational AI and integrations with tools like Tableau, PowerBI, Microsoft Office, and Google Workspace. Strategy Inc. serves large enterprises, financial services, healthcare, retail, government, education, manufacturing, media, and technology sectors across the United States, Europe, the Middle East, Africa, and other international markets from its headquarters in Tysons Corner, Virginia, where it was founded in 1989. In recent developments, the company rebranded from MicroStrategy Incorporated to Strategy Inc. in February 2025, reflecting its emphasis on bitcoin treasury management; it launched the STRC preferred stock offering in July 2025, raising $2.5 billion initially at $90 per share with a subsequent $4.2 billion at-the-market program and an initial 9% annualized variable dividend positioned senior to other preferred series; Strategy Inc. continues aggressive bitcoin accumulation, adding holdings such as 220 BTC for $27.2 million in October 2025 to reach over 640,000 BTC valued at approximately $47.4 billion, alongside a strategic partnership with STACKIT in January 2025 for sovereign data cloud solutions and ongoing issuances of related preferred stocks like STRK, STRF, and STRD.

Company News

APIChat
  • Bitcoin set to slump to new lows for 2026 after recent sell-off, traders forecast

  • Strategy's STRC Funding Loop ‘Gives Me the Shivers,' Says Analyst Worried About Saylor's Shrinking Window

  • Strategy Provides Capital Structure Update after Completing $1.5 Billion Debt Repurchase

  • Strategy: Rare Asymmetric Bet In A Stretched Market (Rating Upgrade)

  • Selling The Furniture To Pay The Rent: The Unsustainable Reality Of Strategy, Inc. Preferred

  • Strategy's Stretch Preferreds Offer An 11.5% Yield Paid Monthly

  • Jarrod Patten Sells 1,900 Shares of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Stock

  • 'Pharma Bro' Martin Shkreli Demands Michael Saylor's Arrest for Pitching Strategy's Preferred Stock As Retirement Gold

  • Strive Adds $50M of STRC to its Corporate Treasury

  • Strive Announces SATA Enhancements and Purchase of Bitcoin & STRC

  • Meet 'Stretch'—Michael Saylor's New Tool for Using Bitcoin to Pay a Big Dividend. Here's What to Know.

  • Prevalon Energy and Anchorage Digital Announce STRC Treasury Allocations at Strategy World Conference

  • 21shares Announces Launch of Strategy Yield ETP (STRC), Offering Investors Access to the Intersection of Crypto and Traditional Finance

  • Strategy's High-Yielding Preferred Children -- Two Buys, Two Sells

  • Strategy Inc (MSTR) Q4 2025 Earnings Call Transcript

  • Peter Schiff Asks Michael Saylor What's Funding Dividend Payouts On Strategy's Preferred Stock: 'MSTR Is Losing Money'

  • Strategy to pay dividends on January 23; Here's how much 100 STRC shares will earn

  • Strategy's Preferreds: Only One Worth Buying

  • Michael Saylor Has a New Story to Tell. Strategy 'Goes Beyond Bitcoin Exposure'

  • STRC: 10.8% Tax Advantaged Yield With Minor Upside