# Strategy Inc (MSTR)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/strategy-inc/ JSON: https://steadybase.io/company/strategy-inc.json Checked Nov 10, 2026. Latest filing read: Nov 2, 2026.

## Company

- Legal name: Strategy Inc
- Ticker: MSTR, STRC, STRD, STRF, STRK (Nasdaq, Nasdaq, Nasdaq, Nasdaq, Nasdaq)
- SEC CIK: 0001050446
- Industry: Finance Services (SIC 6199)
- Headquarters: Tysons Corner, VA
- Fiscal year ends: December 31
- SEC filer category: Large accelerated filer
- Website: strategy.com
- LinkedIn: https://www.linkedin.com/company/inc-strategy
- Next earnings date: Jan 28, 2027 (estimated from past 8-K timing)

## Key facts

- Revenue: $477.2M for the fiscal year ended Dec 31, 2025 (10-K filed Feb 19, 2026). Source: https://www.sec.gov/Archives/edgar/data/1050446/000105044626000020/0001050446-26-000020-index.html
- Operating income: -$5.4B for the fiscal year ended Dec 31, 2025 (10-K filed Feb 19, 2026). Source: https://www.sec.gov/Archives/edgar/data/1050446/000105044626000020/0001050446-26-000020-index.html
- Net income: -$3.8B for the fiscal year ended Dec 31, 2025 (10-K filed Feb 19, 2026). Source: https://www.sec.gov/Archives/edgar/data/1050446/000105044626000020/0001050446-26-000020-index.html
- SG&A: $274.9M for the fiscal year ended Dec 31, 2025 (10-K filed Feb 19, 2026). Source: https://www.sec.gov/Archives/edgar/data/1050446/000105044626000020/0001050446-26-000020-index.html
- Employees: 1,539 as of Dec 31, 2025, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/1050446/000105044626000020/mstr-20251231.htm
- Auditor: Kpmg LLP, McLean, Virginia, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/1050446/000105044626000020/mstr-20251231.htm

## Business

Strategy is the world's first and largest Bitcoin Treasury Company. We pursue financial innovation strategies designed to generate value from our bitcoin holdings, including by developing and issuing novel fixed-income instruments that provide investors varying degrees of economic exposure to bitcoin. In addition, we are an industry leader in AI-powered enterprise analytics software, advancing our vision of Intelligence Everywhere™.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/1050446/000105044626000020/mstr-20251231.htm

## Annual results

| Fiscal year ended | Revenue | Operating income | Net income | SG&A |
|---|---|---|---|---|
| Dec 31, 2025 | $477.2M | -$5.4B | -$3.8B | $274.9M |
| Dec 31, 2024 | $463.5M | -$1.9B | -$1.2B | $278.6M |
| Dec 31, 2023 | $496.3M | -$115.0M | $429.1M | $265.0M |
| Dec 31, 2022 | $499.3M | -$1.3B | -$1.5B | $258.3M |
| Dec 31, 2021 | $510.8M | -$784.5M | -$535.5M | $255.6M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/strategy-inc.json

## Officers and directors

- Phong Le, President and Chief Executive Officer. Source: 8-K filed Oct 29, 2026, https://www.sec.gov/Archives/edgar/data/1050446/000105044626000047/mstr-20261029x8kxex9912.htm
- Andrew Kang, Chief Financial Officer. Source: 8-K filed Oct 29, 2026, https://www.sec.gov/Archives/edgar/data/1050446/000105044626000047/mstr-20261029x8kxex9912.htm
- Thomas C. Chow, EVP & General Counsel. Source: Form 4 filed Sep 8, 2026, https://www.sec.gov/Archives/edgar/data/1050446/000119312526385183/0001193125-26-385183-index.htm
- Wei-Ming Shao, EVP & General Counsel. Source: Form 4 filed Nov 20, 2025, https://www.sec.gov/Archives/edgar/data/1050446/000119312525289868/0001193125-25-289868-index.htm
- Michael Saylor, Founder and Executive Chairman. Source: 8-K filed Oct 29, 2026, https://www.sec.gov/Archives/edgar/data/1050446/000105044626000047/mstr-20261029x8kxex9912.htm
- Brian P. Brooks, Board member (per proxy). Source: DEF 14A filed Apr 28, 2026, https://www.sec.gov/Archives/edgar/data/1050446/000119312526186895/d944734ddef14a.htm
- Jane A. Dietze, Board member (per proxy). Source: DEF 14A filed Apr 28, 2026, https://www.sec.gov/Archives/edgar/data/1050446/000119312526186895/d944734ddef14a.htm
- Michael J. Saylor, Board member (per proxy). Source: DEF 14A filed Apr 28, 2026, https://www.sec.gov/Archives/edgar/data/1050446/000119312526186895/d944734ddef14a.htm
- Phong Q. Le, Board member (per proxy). Source: DEF 14A filed Apr 28, 2026, https://www.sec.gov/Archives/edgar/data/1050446/000119312526186895/d944734ddef14a.htm
- Stephen X. Graham, Board member (per proxy). Source: DEF 14A filed Apr 28, 2026, https://www.sec.gov/Archives/edgar/data/1050446/000119312526186895/d944734ddef14a.htm

## Recent 8-K events

- Nov 2, 2026: Item 7.01, Regulation FD disclosure; Item 8.01, Other events. Source: https://www.sec.gov/Archives/edgar/data/1050446/000119312526442707/mstr-20261102.htm
- Oct 29, 2026: Item 3.03, Material modification to rights of security holders; Item 5.03, Amendments to articles or bylaws; change in fiscal year; Item 5.07, Submission of matters to a vote of security holders; Item 7.01, Regulation FD disclosure; Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1050446/000119312526437776/mstr-20261028.htm
- Oct 29, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 5.02, Departure or appointment of directors or officers; compensation; Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1050446/000105044626000047/mstr-20261026.htm
- Oct 28, 2026: Item 8.01, Other events. Source: https://www.sec.gov/Archives/edgar/data/1050446/000119312526435451/mstr-20261028.htm
- Oct 26, 2026: Item 7.01, Regulation FD disclosure; Item 8.01, Other events. Source: https://www.sec.gov/Archives/edgar/data/1050446/000119312526431146/mstr-20261026.htm
- Oct 19, 2026: Item 7.01, Regulation FD disclosure; Item 8.01, Other events. Source: https://www.sec.gov/Archives/edgar/data/1050446/000119312526424688/mstr-20261019.htm
- Oct 16, 2026: Item 7.01, Regulation FD disclosure; Item 8.01, Other events. Source: https://www.sec.gov/Archives/edgar/data/1050446/000119312526423400/mstr-20261015.htm
- Oct 13, 2026: Item 7.01, Regulation FD disclosure; Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1050446/000119312526419726/mstr-20261012.htm
- Oct 5, 2026: Item 7.01, Regulation FD disclosure; Item 8.01, Other events. Source: https://www.sec.gov/Archives/edgar/data/1050446/000119312526413164/mstr-20261005.htm
- Oct 1, 2026: Item 7.01, Regulation FD disclosure; Item 8.01, Other events. Source: https://www.sec.gov/Archives/edgar/data/1050446/000119312526409863/mstr-20260930.htm

## Insider trades (Form 4)

- Nov 4, 2026: Jarrod M. Patten (Director) sold 4,750 shares, about $669,750. Source: https://www.sec.gov/Archives/edgar/data/1050446/000119312526451813/0001193125-26-451813-index.htm
- Nov 3, 2026: Jarrod M. Patten (Director) sold 950 shares, about $129,238. Source: https://www.sec.gov/Archives/edgar/data/1050446/000119312526447181/0001193125-26-447181-index.htm
- Oct 9, 2026: Jarrod M. Patten (Director) sold 2,750 shares, about $422,225. Source: https://www.sec.gov/Archives/edgar/data/1050446/000119312526420388/0001193125-26-420388-index.htm
- Sep 22, 2026: Jarrod M. Patten (Director) sold 475 shares, about $81,225. Source: https://www.sec.gov/Archives/edgar/data/1050446/000119312526399364/0001193125-26-399364-index.htm
- Sep 21, 2026: Jarrod M. Patten (Director) sold 1,425 shares, about $238,441. Source: https://www.sec.gov/Archives/edgar/data/1050446/000119312526398168/0001193125-26-398168-index.htm
- Sep 4, 2026: Thomas C. Chow (EVP & General Counsel) sold 106 shares, about $14,708. Source: https://www.sec.gov/Archives/edgar/data/1050446/000119312526385183/0001193125-26-385183-index.htm
- Aug 27, 2026: Jarrod M. Patten (Director) sold 1,850 shares, about $240,500. Source: https://www.sec.gov/Archives/edgar/data/1050446/000119312526376987/0001193125-26-376987-index.htm
- Aug 25, 2026: Jarrod M. Patten (Director) sold 3,700 shares, about $460,965. Source: https://www.sec.gov/Archives/edgar/data/1050446/000119312526368879/0001193125-26-368879-index.htm
- Aug 7, 2026: Jarrod M. Patten (Director) sold 3,800 shares, about $389,150. Source: https://www.sec.gov/Archives/edgar/data/1050446/000119312526342315/0001193125-26-342315-index.htm
- Jul 27, 2026: Jarrod M. Patten (Director) sold 3,900 shares, about $372,333. Source: https://www.sec.gov/Archives/edgar/data/1050446/000119312526321074/0001193125-26-321074-index.htm
- Jul 22, 2026: Jarrod M. Patten (Director) sold 1,250 shares, about $125,000. Source: https://www.sec.gov/Archives/edgar/data/1050446/000119312526314630/0001193125-26-314630-index.htm
- Jun 23, 2026: Jarrod M. Patten (Director) sold 1,500 shares, about $159,120. Source: https://www.sec.gov/Archives/edgar/data/1050446/000130919126000031/0001309191-26-000031-index.htm
- Jun 22, 2026: Phong Le (President & CEO) bought 11,000 shares, about $998,800. Source: https://www.sec.gov/Archives/edgar/data/1050446/000165166926000010/0001651669-26-000010-index.htm
- Jun 17, 2026: Jarrod M. Patten (Director) sold 1,500 shares, about $181,965. Source: https://www.sec.gov/Archives/edgar/data/1050446/000130919126000029/0001309191-26-000029-index.htm
- Jun 16, 2026: Thomas C. Chow (EVP & General Counsel) bought 111 shares, about $9,998. Source: https://www.sec.gov/Archives/edgar/data/1050446/000183401226000002/0001834012-26-000002-index.htm

## What management said

- "Strategy demonstrated its commitment to returning STRC to health. We grew our USD Assets to $5.1 billion, increased USD Duration to 3.4 years, and repurchased $2.0 billion of STRC. We also continued to innovate. With shareholder approval on October 28, we upgraded STRF, STRC, STRK, and STRD to daily dividends, so investors can accrue dividends every calendar day of the year, including weekends and holidays. Daily dividends are a natural step toward the tokenized, 24/7/365 fin" Phong Le, President and Chief Executive Officer (8-K filed Oct 29, 2026). Source: https://www.sec.gov/Archives/edgar/data/1050446/000105044626000047/mstr-20261029x8kxex9912.htm
- "Q3 operating income of $21 billion was the largest ever in Strategy’s history. We've also raised $21 billion of equity capital and increased our bitcoin holdings by 26% year-to-date in a challenging bitcoin market. Lastly, it has been an honor and privilege to serve as Strategy’s CFO for the past four and a half years, and I am grateful for the support of Michael, Phong, the Board, our employees and our shareholders through the tremendous growth over that period" Andrew Kang, Chief Financial Officer (8-K filed Oct 29, 2026). Source: https://www.sec.gov/Archives/edgar/data/1050446/000105044626000047/mstr-20261029x8kxex9912.htm
- "We’re at the beginning of the next bitcoin bull market. Banks are embracing bitcoin, bitcoin’s dominance among digital assets is growing, institutional demand is back, and bitcoin price is 21% above its 200-week moving average. Digital Credit continues to grow, with $16 billion in notional value across ten publicly listed securities. Strategy continues to lead this industry with 84% market share and STRC returning to strength" Michael Saylor, Founder and Executive Chairman (8-K filed Oct 29, 2026). Source: https://www.sec.gov/Archives/edgar/data/1050446/000105044626000047/mstr-20261029x8kxex9912.htm

## Latest filings

- 8-K filed Nov 2, 2026: https://www.sec.gov/Archives/edgar/data/1050446/000119312526442707/mstr-20261102.htm
- 10-K filed Feb 19, 2026: https://www.sec.gov/Archives/edgar/data/1050446/000105044626000020/mstr-20251231.htm
- 10-Q filed Nov 2, 2026: https://www.sec.gov/Archives/edgar/data/1050446/000105044626000060/mstr-20260930.htm
- DEF 14A filed Oct 5, 2026: https://www.sec.gov/Archives/edgar/data/1050446/000119312526413159/d503578ddef14a.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/