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Strategy Inc (STRF)

Technology | Software - Application | Tysons Corner, United States | NasdaqGS
95.07 USD -0.62 (-0.648%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 96.46 +1.39 (1.462%) ⇧ (July 13, 2026, 7:13 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 5:12 a.m. EDT

The investment case here is fundamentally broken despite the attractive headline yield. The company is burning cash at an alarming rate, with free cash flow of nearly -$8.7 billion and operating margins in negative territory exceeding 116%. The balance sheet is precarious, carrying debt nearly four times its equity, which makes the perpetual preferred stock a risky liability rather than a safe income vehicle. While the 10.38% yield looks enticing, it is likely a compensation for the severe distress and potential dilution risks associated with the proposed perpetual offerings. The stock has failed to recover from its peak, trading well below book value, and the recent price action shows weakness relative to moving averages. Options data confirms a bearish sentiment with heavy hedging activity. This is a speculative play on a distressed entity, not a sound long-term investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.040395
AutoARIMA0.040416
AutoETS0.040417
MSTL0.043743

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 43%
H-stat 674.98
Ljung-Box p 0.000
Jarque-Bera p 0.061
Excess Kurtosis -0.01
Attribute Value
Sector Technology
Ex Dividend Date 2026-06-14
Last Dividend Date 2026-06-14
Debt to Equity Ratio 18.094
Revenue per Share 1.651
Beta 3.55
Previous Name MicroStrategy Incorporated
Website https://www.strategy.com

As of July 11, 2026, 5:12 a.m. EDT: Speculators are aggressively positioning for downside protection, evidenced by massive open interest in out-of-the-money puts (especially the August expiration where OTM volume dwarfs ITM) and significant call buying at strikes significantly above the current price. This creates a 'long gamma' environment where the market expects volatility but is hedged against a drop, while the heavy put volume suggests a fear of a sharp correction rather than a rally.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.64% 9.73%
Dividend History
Date Dividend Yield %
2026-06-15 2.500 2.644104
2026-03-13 2.500 2.492771
2025-12-15 2.500 2.348520
2025-09-15 2.500 2.241147
2025-06-13 2.639 2.549758
Additional Data
dividendRate 10.0
dividendYield 10.41
exDividendDate 2026-06-15
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 2.5
lastDividendDate 2026-06-15
dividendDate 2026-06-30

Info Dump

Attribute Value
52 Week Change -0.18918234
Address1 1,850 Towers Crescent Plaza
All Time High 127.8
All Time Low 82.5
Ask 122.0
Ask Size 2
Average Daily Volume10 Day 223,590
Average Daily Volume3 Month 153,975
Average Volume 153,975
Average Volume10Days 223,590
Beta 3.545
Bid 68.87
Bid Size 2
Book Value 105.951
City Tysons Corner
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 95.07
Current Ratio 6.053
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 95.715
Day Low 95.05
Debt To Equity 18.094
Display Name Strategy
Dividend Date 1,782,777,600
Dividend Rate 10.0
Dividend Yield 10.41
Earnings Call Timestamp End 1,746,133,200
Earnings Call Timestamp Start 1,746,133,200
Earnings Timestamp End 1,754,308,800
Earnings Timestamp Start 1,753,873,140
Ebitda -13,990,264,832
Ebitda Margins 0.0
Enterprise To Ebitda -3.456
Enterprise To Revenue 98.584
Enterprise Value 48,352,174,080
Esg Populated 0
Ex Dividend Date 1,781,481,600
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 96.7343
Fifty Day Average Change -1.664299
Fifty Day Average Change Percent -0.017204849
Fifty Two Week Change Percent -18.918234
Fifty Two Week High 124.24
Fifty Two Week High Change -29.169998
Fifty Two Week High Change Percent -0.2347875
Fifty Two Week Low 82.5
Fifty Two Week Low Change 12.57
Fifty Two Week Low Change Percent 0.15236363
Fifty Two Week Range 82.5 - 124.24
Financial Currency USD
First Trade Date Milliseconds 1,742,995,800,000
Float Shares 329,887,095
Free Cashflow -8,699,502,592
Full Exchange Name NasdaqGS
Full Time Employees 1,511
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.68114
Gross Profits 334,075,008
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.44512
Industry Software - Application
Industry Disp Software - Application
Industry Key software-application
Ipo Expected Date 2,025-03-26
Ir Website http://ir.microstrategy.com/index.cfm
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,781,481,600
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 State PREPRE
Max Age 86,400
Message Board Id finmb_384976
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-13
Net Income To Common -12,773,697,536
Next Fiscal Year End 1,798,675,200
Open 95.54
Operating Cashflow -50,863,000
Operating Margins -116.41528
Phone 703 848 8600
Post Market Change 1.3899994
Post Market Change Percent 1.4620799
Post Market Price 96.46
Post Market Time 1,783,984,388
Prev Name MicroStrategy Incorporated
Previous Close 95.69
Price Hint 2
Price To Book 0.8973016
Profit Margins 0.0
Quick Ratio 5.926
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.62000275
Regular Market Change Percent -0.6479284
Regular Market Day High 95.715
Regular Market Day Low 95.05
Regular Market Day Range 95.05 - 95.715
Regular Market Open 95.54
Regular Market Previous Close 95.69
Regular Market Price 95.07
Regular Market Time 1,783,972,800
Regular Market Volume 32,882
Return On Assets -0.17813998
Return On Equity -0.30756
Revenue Growth 0.119
Revenue Per Share 1.651
Sand P52 Week Change 0.20847368
Sector Technology
Sector Disp Technology
Sector Key technology
Shares Short 388,961
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 422,938
Short Name Strategy Inc - 10.00% Series A
Short Ratio 2.59
Source Interval 15
State VA
Symbol STRF
Total Cash 2,207,218,944
Total Cash Per Share 6.298
Total Debt 8,257,384,960
Total Revenue 490,467,008
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 102.093575
Two Hundred Day Average Change -7.023575
Two Hundred Day Average Change Percent -0.068795465
Type Disp Equity
Volume 32,882
Website https://www.strategy.com
Zip 22,182