Strategy Inc reported first quarter of 2026 results: revenue $124.3 million, net income $12.54 billion, EPS $38.25 per common share on a diluted basis.
“the Company had cash and cash equivalents of $2.21 billion, as compared to $2.30 billion as of December 31, 2025. Revenues: Total revenues for the first quarter of 2026 were $124.3 million, compared to total revenues of $111.1 million for the first quarter of 2025, a 11.9% increase year-over-year, Gross Profit: Gross profit for the first quarter of 2026 was $83.4”
Governance Changes
Strategy Inc: Decreased authorized shares of STRK Preferred Stock from 269,800,000 to 40,270,744 (effective 2026-03-23).
“On March 23, 2026, the Company filed a Certificate of Decrease of STRK Preferred Stock (the “ Certificate of Decrease ”) to certify the authorization to decrease the number of authorized shares of its STRK Preferred Stock from 269,800,000 to 40,270,744 shares.”
Governance Changes
Strategy Inc: Increased authorized shares of STRC Preferred Stock from 70,435,353 to 282,556,565 (effective 2026-03-23).
“On March 23, 2026, the Company filed a Certificate of Increase of STRC Preferred Stock (the “ Certificate of Increase ”) to certify the authorization to increase the number of authorized shares of its STRC Preferred Stock from 70,435,353 to 282,556,565 shares.”
Governance Changes
Strategy Inc: Amendment and restatement of Bylaws solely to reflect the name change to Strategy Inc (effective 2025-08-11).
“In connection with the Name Change, the Board also approved an amendment and restatement of the Company’s Amended and Restated Bylaws solely to reflect the Name Change.”
Governance Changes
Strategy Inc: Amendment to Certificate of Incorporation to change company name from MicroStrategy Incorporated to Strategy Inc (effective 2025-08-11).
“On August 11, 2025, MicroStrategy Incorporated (the “Company”) filed with the Secretary of State of the State of Delaware an amendment (the “Certificate of Amendment”) to the Company’s Second Restated Certificate of Incorporation (as amended and supplemented to date, the “Certificate of Incorporation”), to effect a change of its name from “MicroStrategy Incorporated” to “Strategy Inc” (the “Name Change”).”
Governance Changes
Strategy Inc: Increased authorized shares of STRC Stock to 70,435,353 shares via Certificate of Increase (effective 2025-07-31).
“On July 31, 2025, the Company filed a Certificate of Increase of STRC Stock (the “Certificate of Increase”) to certify the authorization to increase the number of authorized shares of its STRC Stock to 70,435,353 shares.”
Governance Changes
Strategy Inc: Filed Certificates of Increase for three series of Preferred Stock (STRK, STRF, STRD) to memorialize board-authorized share increases (effective 2025-07-25).
“to comply with certain technical requirements under the Delaware General Corporation Law (the “DGCL”), on July 25, 2025, the Company filed with the Secretary of State of the State of Delaware (the “Delaware Secretary of State”) Certificates of Increase for each series of the Company’s Preferred Stock.”
Governance Changes
Strategy Inc: Filed Certificate of Amendment to STRK Certificate of Designations to adjust the liquidation preference of the 8.00% Series A Perpetual Strike Preferred Stock to approximate trading price with a $100 floor (effective 2025-07-07).
“On July 7, 2025, MicroStrategy Incorporated ® d/b/a Strategy TM (“Strategy” or the “Company”) filed a Certificate of Amendment (the “STRK Certificate of Amendment”) with the Secretary of State of the State of Delaware to the STRK Certificate of Designations (the “STRK Certificate of Designations”), which was originally filed on February 5, 2025, and which established the terms of its 8.00% Series A Perpetual Strike Preferred Stock, $0.001 par value per share (the “STRK Stock”).”
Governance Changes
Strategy Inc: Filed a Certificate of Designations to establish the terms of a new series of preferred stock, the 10.00% Series A Perpetual Stride Preferred Stock (STRD Stock) (effective 2025-06-10).
“On June 10, 2025, MicroStrategy Incorporated ® d/b/a Strategy TM (“Strategy”) completed an initial public offering (the “Offering”) registered under the Securities Act of 1933, as amended (the “Securities Act”), of 11,764,700 shares of a new class of its capital stock titled “10.00% Series A Perpetual Stride Preferred Stock” (the “STRD Stock”). In connection with this issuance of STRD Stock, Strategy filed a Certificate of Designations (the “Certificate of Designations”) with the Secretary of State of the State of Delaware designating an aggregate of 11,764,700 shares of, and establishing the terms of, the STRD Stock.”
Earnings Releases
Strategy Inc reported three-month period ended March 31, 2024 results: revenue $115.2 million.
“end of Q4 for $1.65 billion, or $65,232 per bitcoin • 214,400 bitcoin holdings at a total cost of $7.54 billion, or $35,180 per bitcoin, as of April 26, 2024 • Total Revenues of $115.2 million, down 5% year-over-year • Subscription Services Revenues of $23.0 million, up 22% year-over-year TYSONS CORNER, Va., April 29, 2024 - MicroStrategy ® Incorporated (Nasdaq: MSTR)”
Debt Financings
Strategy Inc incurred senior notes of $603.75 million with Citigroup Global Markets Inc., as representative of the several initial purchasers at 0.875% per year maturing March 15, 2031.
“buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The aggregate principal amount of the notes sold in the offering was $603.75 million, which includes $78.75 million aggregate principal amount of notes issued pursuant to an option to purchase, within a 13-day period beginning on, and including, the date on which”
Material Agreements
Strategy Inc entered into Convertible Note Offering with Citigroup Global Markets Inc. valued at $603.75 million aggregate principal amount of 0.875% convertible senior notes due 2031 (effective 2024-03-18).
“On March 18, 2024, MicroStrategy Incorporated (the “Company”) completed its previously announced private offering of 0.875% convertible senior notes due 2031 (the “notes”).”
Debt Financings
Strategy Inc incurred senior notes of $800 million with U.S. Bank Trust Company, National Association at 0.625% per year maturing March 15, 2030.
“buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The aggregate principal amount of the notes sold in the offering was $800 million, which includes $100 million aggregate principal amount of notes issued pursuant to an option to purchase, within a 13-day period beginning on, and including, the date on which”
Material Agreements
Strategy Inc entered into Purchase Agreement with Citigroup Global Markets Inc., as representative of the several initial purchasers named therein valued at $800 million (effective 2024-03-05).
“The notes were sold under a purchase agreement, dated as of March 5, 2024, entered into by and between the Company and Citigroup Global Markets Inc., as representative of the several initial purchasers named therein (the “Initial Purchasers”), for resale to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).”
Material Agreements
Strategy Inc entered into Indenture with U.S. Bank Trust Company, National Association valued at $800 million (effective 2024-03-08).
“On March 8, 2024, the Company entered into an indenture (the “Indenture”) with respect to the notes with U.S. Bank Trust Company, National Association, as trustee (the “Trustee”).”
Earnings Releases
Strategy Inc reported the three-month period ended December 31, 2023 results: revenue $124.5 million, net income Net income for the fourth quarter of 2023 was $89.1 million, or $4.96 per share on a diluted basis, EPS $4.96 per share on a diluted basis.
“of Q3 for $1.25 billion, or $39,411 per bitcoin • 190,000 bitcoin holdings at a total cost of $5.93 billion, or $31,224 per bitcoin, as of February 5, 2024 • Total Revenues of $124.5 million, down 6% year-over-year • Subscription Services Revenues of $21.5 million, up 23% year-over-year TYSONS CORNER, Va., February 6, 2024 - MicroStrategy ® Incorporated (Nasdaq:”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.