Strategy Inc. reported that it raised additional capital through its at-the-market equity program during the week of July 13 to July 19, 2026, while making no new bitcoin purchases and no share repurchases. The company said it sold 2,732,318 shares of its Class A common stock, ticker MSTR, under its ATM program during the period. The common-stock sales generated $263.5 million in net proceeds, after sales commissions. Strategy noted that the share count includes shares sold but not yet settled as of July 17, 2026. As of July 19, the company reported $23.5265 billion of MSTR common stock still available for issuance and sale under its ATM capacity. Strategy also provided remaining ATM availability for its preferred-stock programs. As of July 19, the company listed $1.6193 billion available for STRF, its 10.00% Series A Perpetual Strife Preferred Stock; $17.5108 billion for STRC, its Variable Rate Series A Perpetual Stretch Preferred Stock; $2.1000 billion for STRK, its 8.00% Series A Perpetual Strike Preferred Stock; and $4.0148 billion for STRD, its 10.00% Series A Perpetual Stride Preferred Stock. The filing explains that preferred-stock amounts are measured by total face value, which is used to calculate dividends. It also reiterates that Strategy’s MSTR common-stock availability reflects both its existing ATM program and the previously announced $21.0 billion increase disclosed on March 23, 2026, with sales under that increase to begin once existing capacity is substantially depleted. Separately, Strategy said it did not purchase any shares under its share repurchase programs between July 13 and July 19. The company also reported that it made no bitcoin purchases during the week. As of July 19, 2026, Strategy held 843,775 bitcoin, acquired for an aggregate purchase price of $63.69 billion, including fees and expenses, for an average purchase price of $75,476 per bitcoin. The company also updated its liquidity position, saying its U.S. dollar reserve stood at $3.225 billion as of July 19. Strategy said that reserve is intended to support dividend payments on its preferred stock and interest payments on outstanding debt, and that the balance includes expected cash proceeds from ATM shares sold but not yet settled as of that date. In a Regulation FD disclosure, Strategy noted that it maintains a public dashboard on its website as a disclosure channel for information such as market prices of its securities, bitcoin purchases and holdings, key performance indicators and other supplemental information.
Stock detail
Strategy (MSTR) stock price, chart, and key data
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Stock detail
Strategy
MSTR · XNAS
-$20.34 (-19.87%) past day
$82.04
Overnight $100.75 (+22.81%)
Key metrics
Financials
Quarterly revenue, profitability, and balance-sheet snapshot
Operating income & Operating cash flow
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Total assets & Total liabilities
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Total equity & Shares outstanding
Quarterly revenue, profitability, and balance-sheet snapshot
Day range
$98.42 - $102.49
52-week range
$81.81 - $437.00
Close price
$101.95
Market cap
$35.5B
P/E ratio
-2.12
Beta
3.54
Financials
FY2026 Q1Operating income
-$14B
Operating cash flow
$14M
EPS
-38.25
Shares outstanding
350.4M
Total assets
$54B
Total equity
$46B
Total liabilities
$9B
About the company
Strategy Inc
Strategy Inc., formerly known as MicroStrategy, is an American company that provides business intelligence and mobile software. Founded in 1989 by Michael J. Saylor, Sanju Bansal, and Thomas Spahr, the firm develops software to analyze internal and external data in order to make business decisions and to develop mobile apps. It is a public company headquartered in Tysons Corner, Virginia, in the Washington metropolitan area. Its primary business analytics competitors include SAP SE Business Objects, IBM Cognos, and Oracle Corporation's BI Platform. Saylor is the executive chairman and, from 1989 to 2022, was the CEO. Since 2020, the company's securities are widely considered to be a bitcoin proxy due to Strategy's holdings of the cryptocurrency. Saylor has compared it to a bitcoin spot leveraged ETF, though it is not a regulated investment fund. As of November 17, 2025, Strategy was reported to own over 650,000 bitcoins, worth roughly $59.69 billion, and is the largest corporate holder of the asset. This strategy has primarily been driven by Saylor.
Analyst rating summary
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Mean target
$275
13
Buy
/ 14
Recent calls
07/13/2026
TD Cowen
Lance Vitanza
Buy · Price target $260
07/13/2026
BTIG
Andrew Harte
Buy · Price target $250
07/08/2026
Barclays
Nik Cremo
Buy · Price target $130
Ticker holders
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Holder directory
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#1Sean McMaster
Executive
- Sell$50,001 / $75,001 / $100,000
#2Neal Dunn
republican · House · FL-2
- Buy$15,001 / $32,501 / $50,000
#3Lois Frankel
democrat · House · FL-22
- Sell$1,001 / $8,001 / $15,000
- Buy$1,001 / $8,001 / $15,000
- Buy$1,001 / $8,001 / $15,000
#4Gilbert Cisneros
democrat · House · CA-31
#5Shri Thanedar
democrat · House · MI-13
- Buy$15,001 / $32,501 / $50,000
#6Donald J Trump
republican · Executive
#7Jefferson Shreve
republican · House · IN-6
- Sell$15,001 / $32,501 / $50,000
- Buy$15,001 / $32,501 / $50,000
Market action
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