Strategy Inc.
- MSTR · Nasdaq
- Finance Services
- Tysons Corner, VA
- 1,539 employees
- CIK 0001050446
Updated from SEC filings through
Top things to know
Executives
- Phong Le President and Chief Executive Officer 8-K, 2026-10-29
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Andrew Kang Chief Financial Officer 8-K, 2026-10-29 - Michael Saylor Founder and Executive Chairman 8-K, 2026-10-29
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Thomas C. Chow EVP & General Counsel 4, 2026-09-08 - Wei-Ming Shao EVP & General Counsel 4, 2025-11-20
What leadership is saying
“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”
Earnings press release (8-K Ex. 99.1), filed October 29, 2026
Strategy Inc is a U.S. public company in finance services (SIC 6199), headquartered in Tysons Corner, VA. It trades as MSTR on Nasdaq. Revenue was $477M in the fiscal year ending December 31, 2025, +3.0% from the year before. It reported about 1,539 employees. Phong Le is President and Chief Executive Officer.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $477M 10-K, 2026-02-19 | $463M 10-K, 2025-02-18 | $496M 10-K, 2025-02-18 | $499M 10-K, 2025-02-18 | $511M 10-K, 2024-02-15 |
| Operating income | -$5.4B 10-K, 2026-02-19 | -$1.9B 10-K, 2026-02-19 | -$115M 10-K, 2026-02-19 | -$1.3B 10-K, 2025-02-18 | -$785M 10-K, 2024-02-15 |
| SG&A | $275M 10-K, 2026-02-19 | $279M 10-K, 2026-02-19 | $265M 10-K, 2026-02-19 | $258M 10-K, 2025-02-18 | $256M 10-K, 2024-02-15 |
| Net income | -$3.8B 10-K, 2026-02-19 | -$1.2B 10-K, 2026-02-19 | $429M 10-K, 2026-02-19 | -$1.5B 10-K, 2025-02-18 | -$535M 10-K, 2024-02-15 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Phong Le | President and Chief Executive Officer | 8-K, 2026-10-29 |
| Phong Q. Le | Board member (per proxy) bio: Chief Executive Officer | DEF 14A, 2026-04-28 |
| Andrew Kang | Chief Financial Officer | 8-K, 2026-10-29 |
| Michael Saylor | Founder and Executive Chairman | 8-K, 2026-10-29 |
| Thomas C. Chow | EVP & General Counsel | 4, 2026-09-08 |
| Wei-Ming Shao | EVP & General Counsel | 4, 2025-11-20 |
 Michael J. Saylor | Board member (per proxy) bio: Chairman of the Board & Executive Chairman | DEF 14A, 2026-04-28 |
| Brian P. Brooks | Board member (per proxy) bio: Independent Director | DEF 14A, 2026-04-28 |
| Jane A. Dietze | Board member (per proxy) bio: Independent Director | DEF 14A, 2026-04-28 |
| Stephen X. Graham | Board member (per proxy) bio: Independent Director | DEF 14A, 2026-04-28 |
What Strategy Inc does
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™.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Public float | $105B (as of June 30, 2025) | 10-K, February 19, 2026 |
|---|---|---|
| Reportable segments | 2 (period ending September 30, 2026) | 10-Q, November 2, 2026 |
| Latest proxy statement | Meeting October 28, 2026 (filed October 5, 2026) | DEF 14A, October 5, 2026 |
| Auditor | Kpmg LLP (McLean, Virginia) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| November 4, 2026 | Jarrod M. Patten Director | Sale | 4,750 | $670K | Form 4, November 6, 2026 |
| November 3, 2026 | Jarrod M. Patten Director | Sale | 950 | $129K | Form 4, November 4, 2026 |
| October 9, 2026 | Jarrod M. Patten Director | Sale | 2,750 | $422K | Form 4, October 13, 2026 |
| September 22, 2026 | Jarrod M. Patten Director | Sale | 475 | $81K | Form 4, September 23, 2026 |
| September 21, 2026 | Jarrod M. Patten Director | Sale | 1,425 | $238K | Form 4, September 22, 2026 |
| September 4, 2026 | Thomas C. Chow EVP & General Counsel | Sale | 106 | $15K | Form 4, September 8, 2026 |
| August 27, 2026 | Jarrod M. Patten Director | Sale | 1,850 | $241K | Form 4, August 31, 2026 |
| August 25, 2026 | Jarrod M. Patten Director | Sale | 3,700 | $461K | Form 4, August 26, 2026 |
Recent 8-K events
- 8-K filed 2026-11-02
- Item 7.01 Regulation FD disclosure
- Item 8.01 Other events
- 8-K filed 2026-10-29
- 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
- 8-K filed 2026-10-29
- 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
- 8-K filed 2026-10-28
- Item 8.01 Other events
- 8-K filed 2026-10-26
- Item 7.01 Regulation FD disclosure
- Item 8.01 Other events
- 8-K filed 2026-10-19
- Item 7.01 Regulation FD disclosure
- Item 8.01 Other events
- 8-K filed 2026-10-16
- Item 7.01 Regulation FD disclosure
- Item 8.01 Other events
- 8-K filed 2026-10-13
- Item 7.01 Regulation FD disclosure
- Item 8.01 Other events
- 8-K filed 2026-10-05
- Item 7.01 Regulation FD disclosure
- Item 8.01 Other events
- 8-K filed 2026-10-01
- Item 7.01 Regulation FD disclosure
- Item 8.01 Other events
Frequently asked questions about Strategy Inc
- What does Strategy Inc do?
- In its own words, from Item 1 of its 10-K: "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™."
- What is Strategy Inc's revenue?
- $477M for the fiscal year ending December 31, 2025, from its 10-K filed February 19, 2026.
- Is Strategy Inc profitable?
- Strategy Inc reported net income of -$3.8B for the fiscal year ending December 31, 2025.
- How many employees does Strategy Inc have?
- About 1,539 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Strategy Inc?
- Phong Le, President and Chief Executive Officer, as named in a 8-K filed October 29, 2026.
- Who is the CFO of Strategy Inc?
- Andrew Kang, Chief Financial Officer, as named in a 8-K filed October 29, 2026.
- Where is Strategy Inc headquartered?
- Tysons Corner, VA.
- What is Strategy Inc's stock ticker?
- MSTR, STRC, STRD, STRF, STRK on Nasdaq.
- What industry is Strategy Inc in?
- Finance Services, SIC code 6199.
- What is Strategy Inc's website?
- strategy.com.
- When does Strategy Inc report earnings next?
- January 28, 2027. Source: estimate_8k_pattern.
- Is Strategy Inc a public company?
- Yes. Strategy Inc files with the SEC under CIK 0001050446 and trades as MSTR.
- Who audits Strategy Inc?
- Kpmg LLP, McLean, Virginia, as named in its latest annual report (10-K).
- What is Strategy Inc's public float?
- $105B as of June 30, 2025, as reported on the cover of its 10-K filed February 19, 2026.
- How many business segments does Strategy Inc report?
- 2 reportable segments for the period ending September 30, 2026, from its 10-Q filed November 2, 2026.
- When is Strategy Inc's annual shareholder meeting?
- October 28, 2026, per its proxy statement (DEF 14A) filed October 5, 2026.
- Have Strategy Inc insiders traded stock recently?
- Since May 1, 2026, officers and directors reported 27 open-market sales worth about $26.6M and 3 purchases worth about $1.0M on Forms 4 and 5. The most recent: Jarrod M. Patten (Director) sold 4,750 shares on November 4, 2026.