Strategy Inc has transformed into a Bitcoin treasury company, with its software business contributing only $122.4M in revenue in 2026Q2 while digital asset holdings dominate the balance sheet.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth has slowed to 6.9% in 2026Q2, while gross margin compressed to 66.6% from 74.0% in 2024Q1, and net income swung to a -$8.2B loss due to digital asset impairments.
Strategy Inc holds 738,731 BTC, making it the largest corporate Bitcoin holder in the world, which is a key bullish driver.
The company's significant Bitcoin holdings position it as a leveraged play on Bitcoin's price appreciation.
The rebranding to Strategy and positioning as the world's first Bitcoin Treasury Company highlights its focus on Bitcoin.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 29, 2026 | $44.75+121.6% vs $20.19 | $125M-1.8% vs $128M |
Q3 2026 Jul 30, 2026 | -$24.45-1016.4% vs -$2.19 | $122M-0.5% vs $123M |
Q2 2026 May 5, 2026 | -$38.25-4337.4% vs -$0.86 | $124M+2.9% vs $121M |
Q1 2026 Feb 5, 2026 | -$42.93-53562.5% vs -$0.08 | $123M+3.2% vs $119M |
Shares of Strategy Inc (NASDAQ: MSTR - Get Free Report) have been given a consensus rating of "Moderate Buy" by the seventeen ratings firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation, twelve have given a buy recommendation and two
A rare 4-sigma stock market rout dragged Bitcoin down while every spot ETF issuer watched cash walk out the door. One small bounce has traders split on whether the worst is over, and a single price line may settle it.
Wall Street firms and other large investors added bitcoin exposure in the second quarter even as bitcoin's 14% price drop sent smaller investors to the exits, according to CoinShares' Bitcoin 13F Q2 2026 report. Key Takeaways: Hedge funds cut bitcoin ETF exposure 22%, leaving them with less than half their 2025 year-end holdings.
A sharp reversal in Bitcoin (CRYPTO:BTC) is pulling crypto-linked stocks lower together, and fresh good news at a leading stablecoin issuer isn't offering any shelter. Circle Internet Group (NYSE:CRCL | CRCL Price Prediction) stock is at $67.
Benchmark MSTR against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Strategy Inc (MSTR)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $128.93 | $42.65B | -4.04 | 2.97% | -2760.34% | -25.97% | 1.01% | |
| $134.76 | $35.5B | -55.31 | 9.45% | -12.66% | -5.08% | — | |
| $6.35 | $2.42B | -0.70 | 33.47% | -453.74% | -108.46% | — | |
| $16.71 | $6.32B | -4.41 | 66.36% | -215.82% | -59.47% | — | |
| $6.16 | $1.58B | -1.66 | 102.21% | -146.9% | -75.24% | 0.55% | |
| $52.65 | $5.93B | -16.31 | 54.64% | -427.29% | -24.5% | — |
Strategy Inc (MSTR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Strategy Inc (MSTR) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 3, 2026·SEC
Jul 30, 2026·SEC
Jul 27, 2026·SEC
Feb 19, 2026·SEC
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Strategy Inc (MSTR) stock FAQ — growth, dividends, profitability & financials explained
Strategy Inc (MSTR) reported $495.1M in revenue over the trailing twelve months. Revenue was $477.2M in fiscal year 2025. That is 808% more than the $52.6M of fiscal year 1997.
Strategy Inc (MSTR) grew revenue by 4.2% over the trailing twelve months, compared with the twelve months before.
No. Strategy Inc (MSTR) reported a net loss of $13.67B over the trailing twelve months.
Yes. Strategy Inc (MSTR) pays a dividend that yields 1.01% at the current price, a moderate yield.
Strategy Inc (MSTR) had a return on equity (ROE) of -26.0% over the trailing twelve months. A negative ROE means the company lost money over the period.
Strategy Inc (MSTR) had negative free cash flow of $16.78B over the trailing twelve months.
