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Strategy Inc (STRD)

Technology | Software - Application | Tysons Corner, United States | NasdaqGS
77.28 USD -0.14 (-0.174%) ⇩ (April 21, 2026, 11:57 a.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 11:52 p.m. EDT

STRD is a value trap disguised as a yield play; the 12.99% dividend is an unsustainable payout ratio fueled by negative cash flow and is likely in NAV erosion territory, warranting a 0-star dividend rating. The stock serves no real software utility (negative return on equity/assets) but acts as a tax-vehicle proxy for MicroStrategy's Bitcoin, making it a negative-conviction long term due to the lack of intrinsic business value and high risk of dilution from the perpetual preferred stock issuance events recently reported.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.024067
AutoARIMA0.024123
MSTL0.025577
AutoTheta0.028437

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 56%
H-stat 0.10
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 1.83
Attribute Value
Sector Technology
Ex Dividend Date 2026-03-12
Last Dividend Date 2026-03-12
Debt to Equity Ratio 16.158
Revenue per Share 1.719
Market Cap 909,117,184
Beta 3.56
Previous Name MicroStrategy Incorporated
Website https://www.strategy.com

As of April 18, 2026, 11:52 p.m. EDT: Options data indicates a passive, defensive posture with extremely low open interest (OI) and volume across all strikes and expirations. Put walls are insignificant compared to the underlying stock position via perpetuals, while call interest is negligible, suggesting a lack of speculative positioning for major moves. The implied volatility surface shows elevated premiums (0.40+) at ATM for August expirations, but the lack of directional flow suggests the market is pricing a range-bound event rather than a trend. The lack of specific strikes in the 'significant_strikes' lists with high OI concentration implies no clear consensus on immediate binary outcomes.


Dividend Data

Dividend History
Date Dividend Yield %
2026-03-13 2.500 3.250130
2025-12-15 2.500 3.363778
2025-09-15 3.056 4.108700
Additional Data
dividendRate 10.0
dividendYield 12.89
exDividendDate 2026-03-13
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 2.5
lastDividendDate 2026-03-13
dividendDate 2026-03-31

Info Dump

Attribute Value
52 Week Change -0.09461987
Address1 1,850 Towers Crescent Plaza
All Time High 96.812
All Time Low 64.17
Ask 99.78
Ask Size 2
Average Daily Volume10 Day 87,890
Average Daily Volume3 Month 148,286
Average Volume 148,286
Average Volume10Days 87,890
Beta 3.56
Bid 55.08
Bid Size 2
Book Value 141.393
City Tysons Corner
Compensation As Of Epoch Date 1,735,603,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 77.275
Current Ratio 5.617
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 77.385
Day Low 77.075
Debt To Equity 16.158
Display Name Strategy
Dividend Date 1,774,915,200
Dividend Rate 10.0
Dividend Yield 12.89
Ebitda -5,443,467,776
Ebitda Margins 0.0
Enterprise To Ebitda -7.11
Enterprise To Revenue 81.095
Enterprise Value 38,701,436,928
Esg Populated 0
Ex Dividend Date 1,773,360,000
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 703 848 8610
Fifty Day Average 75.8733
Fifty Day Average Change 1.4017029
Fifty Day Average Change Percent 0.018474258
Fifty Two Week Change Percent -9.461987
Fifty Two Week High 96.812
Fifty Two Week High Change -19.536995
Fifty Two Week High Change Percent -0.20180345
Fifty Two Week Low 64.17
Fifty Two Week Low Change 13.105003
Fifty Two Week Low Change Percent 0.20422322
Fifty Two Week Range 64.17 - 96.812
Financial Currency USD
First Trade Date Milliseconds 1,749,216,600,000
Float Shares 314,131,386
Free Cashflow -3,363,319,552
Full Exchange Name NasdaqGS
Full Time Employees 1,539
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.68691003
Gross Profits 327,816,000
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.52291
Industry Software - Application
Industry Disp Software - Application
Industry Key software-application
Ipo Expected Date 2,025-06-11
Ir Website http://ir.microstrategy.com/index.cfm
Language en-US
Last Dividend Date 1,773,360,000
Last Dividend Value 2.5
Last Fiscal Year End 1,767,139,200
Long Business Summary Strategy Inc, together with its subsidiaries, operates as a bitcoin treasury company in the United States, Europe, the Middle East, Africa, and internationally. It offers investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed income instruments. The company also provides AI-powered enterprise analytics software, including Strategy One, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making. In addition, the company provides Strategy Mosaic, a universal intelligence layer that offers enterprises with consistent definitions and governance across data sources, regardless of where that data resides or which tools access it. The company was formerly known as MicroStrategy Incorporated and changed its name to Strategy Inc in August 2025. The company was incorporated in 1989 and is headquartered in Tysons Corner, Virginia.
Long Name Strategy Inc
Market us_market
Market Cap 909,117,184
Market State REGULAR
Max Age 86,400
Message Board Id finmb_384976
Most Recent Quarter 1,767,139,200
Name Change Date 2,026-04-20
Net Income To Common -4,229,519,104
Next Fiscal Year End 1,798,675,200
Open 77.36
Operating Cashflow -67,241,000
Operating Margins -44.016068
Phone 703 848 8600
Prev Name MicroStrategy Incorporated
Previous Close 77.41
Price Hint 2
Price To Book 0.5465263
Price To Sales Trailing12 Months 1.9049755
Profit Margins 0.0
Quick Ratio 5.523
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.13500214
Regular Market Change Percent -0.17445517
Regular Market Day High 77.385
Regular Market Day Low 77.075
Regular Market Day Range 77.075 - 77.385
Regular Market Open 77.36
Regular Market Previous Close 77.41
Regular Market Price 77.275
Regular Market Time 1,776,787,021
Regular Market Volume 15,177
Return On Assets -0.07779
Return On Equity -0.111099996
Revenue Growth 0.019
Revenue Per Share 1.719
Sand P52 Week Change 0.34445214
Sector Technology
Sector Disp Technology
Sector Key technology
Shares Outstanding 11,764,700
Shares Short 1,088,446
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 1,056,535
Short Name Strategy Inc - 10.00% Series A
Short Ratio 10.95
Source Interval 15
State VA
Symbol STRD
Total Cash 2,301,469,952
Total Cash Per Share 6.896
Total Debt 8,247,597,056
Total Revenue 477,232,992
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 78.8805
Two Hundred Day Average Change -1.6054993
Two Hundred Day Average Change Percent -0.020353563
Type Disp Equity
Volume 15,177
Website https://www.strategy.com
Zip 22,182