MicroStrategy
Strategy Inc is a dual-strategy firm that operates as the world's largest Bitcoin Treasury Company while maintaining a leading enterprise analytics software business. The company focuses on accumulating bitcoin as a primary treasury reserve asset through innovative capital markets strategies and providing AI-powered business intelligence solutions to global enterprises.
Financials
Based on Q1 2026 · FQ3 FY2026 filing
Revenue
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Bitcoin Treasury Operations
primaryThis segment focuses on the acquisition and management of bitcoin as a long-term treasury reserve asset. The company utilizes capital markets to issue 'digital credit' instruments and other securities to fund bitcoin accumulation, aiming for accretive value creation for shareholders.
STRF Stock (Series A Perpetual Strife Preferred Stock), STRC Stock (Variable Rate Series A Perpetual Stretch Preferred Stock), STRE Stock (Series A Perpetual Stream Preferred Stock), STRK Stock (Series A Perpetual Strike Preferred Stock), STRD Stock (Series A Perpetual Stride Preferred Stock), Digital Credit Instruments
Institutional Investors, Fixed-income Investors, Retail Investors, Credit Investors
Enterprise Analytics Software
majorA pioneer in AI-powered enterprise analytics, this segment provides a comprehensive portfolio of software and services designed to transform fragmented data into actionable insights. The business is transitioning from on-premises licenses to a cloud-native subscription model.
Strategy One, Strategy Mosaic, Auto (AI Assistant), HyperIntelligence, Enterprise Semantic Graph, Strategy Professional Services
Global Enterprises, Government Agencies, Independent Software Vendors (ISVs), System Integrators
Segment Financials
Software Business — Interest income (expense), net
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Competitive Position
The company is the world's largest corporate holder of bitcoin and a pioneer in AI-driven enterprise analytics with a specialized FedRAMP-authorized cloud offering.
Geographies
Global, North America, Europe
Customer Segments
Enterprise, Public Sector, Capital Markets
Upstream Dependencies
Bitcoin Miners, Cloud Infrastructure Providers (AWS, Azure, GCP), Bitcoin Custodians, Open-source Software Developers
Downstream Customers
Fortune 500 Companies, U.S. Federal Government Agencies, Institutional Digital Asset Investors, Value Added Resellers (VARs)
Competitors & Partners
Competitors
Partners
Coinbase Global, Inc.
COIN
Principal market and primary bitcoin custodian
Anchorage Digital Bank N.A.
Bitcoin custodian
Fidelity National Information Services
FIS
Bitcoin custodian
Amazon
AMZN
Cloud hosting provider
Microsoft
MSFT
Cloud hosting provider and analytics competitor
Alphabet Inc.
GOOGL
Cloud hosting provider
MicroStrategy FAQ
Common questions about MicroStrategy
Strategy Inc is a dual-strategy firm that operates as the world's largest Bitcoin Treasury Company while maintaining a leading enterprise analytics software business. The company focuses on accumulating bitcoin as a primary treasury reserve asset through innovative capital markets strategies and providing AI-powered business intelligence solutions to global enterprises.
MicroStrategy (MSTR) has a market capitalization of $65.7B and trades on NASDAQ.
MicroStrategy generated $478.5M in trailing twelve-month revenue with a net loss of $4.0B, representing a net margin of -826.3%. Gross margin stands at 68.9%, with free cash flow of -$83.7M. These figures are based on the Q1 2026 filing.
MicroStrategy's key competitors include BlackRock, IBM, Salesforce, and others. These companies compete in similar markets and product categories.
MicroStrategy has approximately 1,851 employees.