Strategy Inc., formerly known as MicroStrategy, is an American company that provides business intelligence (BI) 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 AG Business Objects, IBM Cognos, and Oracle Corporation's BI Platform. Saylor is the Executive Chairman and, from 1989 to 2022, was the CEO.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| MSTR | Strategy Inc | 2025-10-16 22:19:59 | 288.6 | 4.76 | 1.68 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MSTR | 0001050446 | Strategy Inc | US5949724083 | — | 510323571 | Nasdaq | 6199 | Finance Services | 1231 | DE | 1850 TOWERS CRESCENT PLAZA | TYSONS CORNER | VA | 22182 | UNITED STATES | US | 703-848-8600 | 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER, VA, 22182 | 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER, VA, 22182 | MICROSTRATEGY INC | Bitcoin | 1989 | Phong Le | 1,934 | https://www.microstrategy.com/us/platform | 23,499,000,000 | — | — | Strategy Inc., formerly known as MicroStrategy, is an American company that provides business intelligence (BI) 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 AG Business Objects, IBM Cognos, and Oracle Corporation's BI Platform. Saylor is the Executive Chairman and, from 1989 to 2022, was the CEO. | 2025-10-10 19:08:29 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2024 | 23,499,000,000 | 19,366,000,000 | 468.57 | — | — | — |
| 2023 | 4,133,000,000 | 2,600,000,000 | 169.6021 | — | — | — |
| 2022 | 1,533,000,000 | -3,639,000,000 | -70.3596 | — | — | — |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| W. Ming Shao | Secretary, Executive Vice President, General Counsel | 2024 | 640,000 | 550,000 | 4,422,290 | — | 17,660 | 6,268,513 |
| Andrew Kang | Chief Financial Officer, Executive Vice President | 2024 | 640,000 | 550,000 | 5,451,954 | — | 112,138 | 7,818,363 |
| Phong Q. Le | Chief Executive Officer, President | 2024 | 1,000,000 | 880,000 | 10,404,497 | — | 472,805 | 15,736,147 |
| W. Ming Shao | Secretary, Executive Vice President, General Counsel | 2023 | 640,000 | 425,000 | 1,913,802 | — | 52,344 | 3,031,146 |
| Andrew Kang | Chief Financial Officer, Executive Vice President | 2023 | 640,000 | 425,000 | 2,126,570 | — | 46,067 | 4,157,854 |
| Fiscal Year | Employee Count |
|---|---|
| 2024 | 1,534 |
| 2023 | 1,934 |
| 2022 | 2,152 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 463,456,000 | 496,261,000 | 499,264,000 |
| Cost Of Revenue | 129,468,000 | 109,944,000 | 102,989,000 |
| Gross Profit | 333,988,000 | 386,317,000 | 396,275,000 |
| Research And Development Expenses | 118,486,000 | 120,530,000 | 127,428,000 |
| General And Administrative Expenses | 140,537,000 | 115,312,000 | 111,421,000 |
| Operating Expenses | 2,186,966,000 | 501,364,000 | 1,672,017,000 |
| Operating Income | -1,852,978,000 | -115,047,000 | -1,275,742,000 |
| Net Income | -1,166,661,000 | 429,121,000 | -1,469,797,000 |
| Earnings Per Share Basic | -6.06 | 31.39 | -129.83 |
| Earnings Per Share Diluted | -6.06 | 26.42 | -129.83 |
| Weighted Average Shares Outstanding Basic | 192,549,000 | 13,671,000 | 11,321,000 |
| Weighted Average Shares Outstanding Diluted | 192,549,000 | 16,566,000 | 11,321,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 38,117,000 | 46,817,000 | 43,835,000 |
| Marketable Securities Current | — | — | 0 |
| Accounts Receivable | 181,203,000 | 183,815,000 | 189,280,000 |
| Inventories | — | — | — |
| Non Trade Receivables | — | 15,300,000 | — |
| Other Assets Current | — | — | — |
| Total Assets Current | 252,324,000 | 267,895,000 | 264,566,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 26,327,000 | 28,941,000 | 32,311,000 |
| Other Assets Non Current | 23,909,373,000 | 3,626,476,000 | 1,840,028,000 |
| Total Assets Non Current | 80,887,000 | 86,284,000 | 93,610,000 |
| Total Assets | 25,843,685,000 | 4,762,528,000 | 2,410,272,000 |
| Accounts Payable | 52,982,000 | 43,090,000 | 42,976,000 |
| Deferred Revenue | 237,974,000 | 228,162,000 | 217,428,000 |
| Short Term Debt | 517,000 | 483,000 | 454,000 |
| Other Liabilities Current | 9,500,000 | — | — |
| Total Liabilities Current | 355,384,000 | 323,273,000 | 317,403,000 |
| Long Term Debt | 7,191,675,000 | 2,182,108,000 | 2,378,560,000 |
| Other Liabilities Non Current | 5,379,000 | 22,208,000 | 17,124,000 |
| Total Liabilities Non Current | 7,258,317,000 | 2,274,283,000 | 2,475,989,000 |
| Total Liabilities | 7,613,701,000 | 2,597,556,000 | 2,793,392,000 |
| Common Stock | 226,000 | 24,000 | 18,000 |
| Retained Earnings | -2,166,876,000 | -999,234,000 | -1,428,355,000 |
| Accumulated Other Comprehensive Income | -15,384,000 | -11,444,000 | -13,801,000 |
| Total Shareholders Equity | 18,229,984,000 | 2,164,972,000 | -383,120,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Depreciation And Amortization | 5,600,000 | 6,400,000 | 6,700,000 |
| Share Based Compensation Expense | 77,124,000 | 69,571,000 | 63,619,000 |
| Other Non Cash Income Expense | — | — | — |
| Change In Accounts Receivable | -5,688,000 | -10,307,000 | 5,292,000 |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | 1,141,000 | -634,000 | -3,521,000 |
| Change In Other Liabilities | — | — | — |
| Cash From Operating Activities | -53,032,000 | 12,712,000 | 3,211,000 |
| Purchases Of Marketable Securities | — | — | 0 |
| Sales Of Marketable Securities | — | — | 0 |
| Acquisition Of Property Plant And Equipment | 2,978,000 | 2,938,000 | 2,486,000 |
| Acquisition Of Business | — | — | — |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -22,086,237,000 | -1,905,237,000 | -278,590,000 |
| Tax Withholding For Share Based Compensation | 2,173,000 | 4,114,000 | 2,082,000 |
| Payments Of Dividends | — | — | — |
| Issuance Of Common Stock | 16,363,023,000 | 2,029,214,000 | 46,592,000 |
| Repurchase Of Common Stock | — | — | 0 |
| Issuance Of Long Term Debt | — | — | — |
| Repayment Of Long Term Debt | — | — | — |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | 22,132,641,000 | 1,889,886,000 | 265,188,000 |
| Change In Cash | -8,776,000 | -2,195,000 | -13,566,000 |
| Cash At End Of Period | 38,117,000 | 46,817,000 | 43,835,000 |
| Income Taxes Paid | 1,059,000 | 30,318,000 | 21,973,000 |
| Interest Paid | 44,571,000 | 41,229,000 | 43,448,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Earnings Per Share | -6.06 | 31.39 | -129.83 |
| Price To Earnings Ratio | -47.7921 | 2.0122 | -0.109 |
| Earnings Growth Rate | -119.3055 | -124.1778 | 142.9454 |
| Price Earnings To Growth Ratio | 0.4006 | -0.0162 | -0.0008 |
| Book Value Per Share | 94.6771 | 158.3624 | -33.8415 |
| Price To Book Ratio | 3.059 | 0.3988 | -0.4183 |
| Ebitda | -1,156,137,000 | 473,757,000 | -1,433,243,000 |
| Enterprise Value | 62,920,116,380 | 2,999,261,702 | 2,495,450,397 |
| Dividend Yield | — | — | — |
| Dividend Payout Ratio | — | — | — |
| Debt To Equity Ratio | 0.3945 | 1.0081 | -6.2096 |
| Capital Expenditures | 2,986,000 | 3,030,000 | 2,424,000 |
| Free Cash Flow | -56,018,000 | 9,682,000 | 787,000 |
| Return On Equity | -0.064 | 0.1982 | 3.8364 |
| One Year Beta | 3.1119 | 2.231 | 3.0301 |
| Three Year Beta | 2.8959 | 2.7369 | 1.6046 |
| Five Year Beta | 1.7593 | 1.5873 | 1.4442 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Shao Wei-Ming | EVP & General Counsel | 2025-10-07 | 30,000 | A | 42,726 |
| Shao Wei-Ming | EVP & General Counsel | 2025-10-07 | 6,198 | D | 36,528 |
| Shao Wei-Ming | EVP & General Counsel | 2025-10-07 | 10,326 | D | 26,202 |
| Shao Wei-Ming | EVP & General Counsel | 2025-10-07 | 11,680 | D | 14,522 |
| Shao Wei-Ming | EVP & General Counsel | 2025-10-07 | 1,796 | D | 12,726 |
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Shri Thanedar | 2025-08-11 | MI13 | Purchase | 2024-07-01 | — | $15,001 - $50,000 |
| Jefferson Shreve | 2025-06-22 | IN06 | Sale | 2025-05-12 | — | $15,001 - $50,000 |
| Neal Patrick MD, Facs Dunn | 2025-03-10 | FL02 | Purchase | 2024-12-24 | Spouse | $15,001 - $50,000 |
| Jefferson Shreve | 2025-03-09 | IN06 | Purchase | 2025-02-24 | — | $15,001 - $50,000 |
| Lois Frankel | 2017-10-02 | FL21 | Sale | 2017-08-21 | — | $1,001 - $15,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| Darwin Wealth Management, LLC | 2025-09-30 | 61,219 | 190 | 322.2053 |
| Comprehensive Financial Consultants Institutional, Inc. | 2025-09-30 | 1,808,887 | 5,614 | 322.21 |
| HALBERT HARGROVE GLOBAL ADVISORS, LLC | 2025-09-30 | 3,867 | 12 | 322.25 |
| Capital Advisors, Ltd. LLC | 2025-09-30 | 123,000 | 382 | 321.9895 |
| HBW ADVISORY SERVICES LLC | 2025-09-30 | 347,342 | 1,078 | 322.2096 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| Pacer Funds Trust | 2025-07-31 | Pacer PE/VC ETF | PEVC | 34 | 13,663.24 | 0.6268 |
| Pacer Funds Trust | 2025-07-31 | Pacer MSCI World Industry Advantage ETF | GLBL | 7 | 2,813.02 | 0.3034 |
| Pacer Funds Trust | 2025-07-31 | Pacer Metarus Nasdaq 100 Dividend Multiplier 600 ETF | QSIX | 116 | 46,615.76 | 0.5291 |
| Pacer Funds Trust | 2025-07-31 | Pacer Data and Digital Revolution ETF | TRFK | 5,673 | 2,279,751.78 | 2.3881 |
| Pacer Funds Trust | 2025-07-31 | Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF | QQWZ | 135 | 54,251.1 | 0.583 |