Strategy Inc's Stock Analysis

MicroStrategy Updates Bitcoin Holdings and Capital Structure Details

From May 18 to May 25, 2026, MicroStrategy did not sell any shares under its at-the-market offering program or purchase any bitcoin. As of May 25, 2026, the company holds approximately 843,738 bitcoin, acquired at a total cost of $63.87 billion, averaging about $75,700 per bitcoin. Additionally, MicroStrategy established a USD Reserve of $871 million to support dividend payments on preferred stock and interest on its debt. The company has also repurchased $1.5 billion of its convertible senior notes due 2029, reducing the outstanding amount from $8.2 billion to $6.7 billion, which is expected to improve its balance sheet and credit quality for investors.

MicroStrategy reported a year-to-date BTC Yield of 13.3%, resulting in a BTC Gain of 89,378 bitcoin and a BTC $ Gain of $6.8 billion. The company plans to use various capital management tools, including cash reserves and sales of Digital Equity and Digital Credit, to manage its liabilities and replenish the USD Reserve over time. Investors are encouraged to monitor the company's website for ongoing updates regarding its bitcoin transactions and overall financial performance.

May 26, 2026 08:00:15

MicroStrategy Updates on ATM Program and Bitcoin Holdings

MicroStrategy has provided an update on its at-the-market (ATM) offering program, detailing the total face value of preferred stock sold and the net proceeds after sales commissions. The company announced a new $21.0 billion offering of MSTR Stock, which reflects the remaining capacity of both the current and new offerings. Sales under the new offering may commence once the existing offering is substantially depleted.

Additionally, MicroStrategy reported that its bitcoin purchases were funded through proceeds from the ATM sales. The company maintains a dashboard on its website for investors, which includes information on market prices of its securities, bitcoin purchases, and key performance metrics. Investors are encouraged to regularly check this dashboard for updates.

May 18, 2026 08:00:16

MicroStrategy Plans $1.5 Billion Repurchase of Convertible Notes

MicroStrategy has entered into agreements to repurchase approximately $1.50 billion of its 0% Convertible Senior Notes due 2029 for an estimated cash price of about $1.38 billion. The final cash amount will depend on the trading price of its Class A common stock during a specified measurement period. The company intends to finance the repurchases through available cash reserves, proceeds from securities sales, and/or bitcoin sales, with a settlement date expected around May 19, 2026.

After the completion of the repurchases, MicroStrategy plans to cancel the repurchased notes, leaving approximately $1.50 billion of the 2029 Notes still outstanding. This transaction is subject to customary closing conditions, and the company has clarified that this announcement does not constitute an offer to sell or solicit any securities.

May 15, 2026 08:00:17

MicroStrategy Updates on ATM Offering and Bitcoin Holdings

MicroStrategy announced an update regarding its at-the-market offering program, indicating that the total face value of preferred stock sold will be used for calculating dividends. The company disclosed a new $21.0 billion offering of MSTR Stock, with sales expected to commence once the existing offering capacity is substantially depleted.

Additionally, MicroStrategy provided updates on its bitcoin holdings, stating that recent purchases were funded by proceeds from the ATM sales. The company maintains a dashboard on its website to share information about market prices, bitcoin purchases, key performance indicators, and other relevant data, encouraging investors to review this information regularly.

May 11, 2026 08:00:18

MicroStrategy Reports First Quarter Loss and Bitcoin Holdings Update

MicroStrategy reported a significant operating loss of $14.47 billion for the first quarter of 2026, which includes an unrealized loss on digital assets totaling $14.46 billion. The net loss attributable to common stockholders was $12.77 billion, reflecting a substantial increase compared to the previous year's loss. Despite these losses, the company's revenues increased by 11.9% year-over-year to $124.3 million, with a gross profit margin of 67.1%. As of May 3, 2026, MicroStrategy holds approximately 818,334 bitcoins, valued at $64.14 billion, showing a growth in bitcoin holdings of 22% year-to-date and a yield of 9.4% on its bitcoin investments.

The company has successfully raised $11.68 billion year-to-date, with $5.58 billion attributed to its Digital Credit instrument, STRC. MicroStrategy has declared and paid cumulative dividends totaling $692.5 million on its preferred stock since early 2025. The company has also proposed to increase the frequency of STRC dividend payments to enhance liquidity. Additionally, MicroStrategy continues to engage with major financial institutions regarding bitcoin-related services, indicating ongoing interest in digital asset markets, which may influence investor sentiment and stock performance.

May 05, 2026 16:15:26

MicroStrategy Updates on ATM Offering and Bitcoin Holdings

MicroStrategy announced updates regarding its at-the-market offering program, including the total face value of preferred stock sold and net proceeds after sales commissions. The company also disclosed a new $21.0 billion offering of MSTR Stock, with sales under this offering expected to begin once the current capacity is significantly reduced.

Regarding its bitcoin holdings, MicroStrategy reported that no bitcoin purchases were made during the week. The company's website features a dashboard that provides ongoing updates about its market prices, bitcoin transactions, and key performance indicators, which investors are encouraged to review regularly for the latest information.

May 04, 2026 08:00:18

MicroStrategy Updates on ATM Sales and Bitcoin Holdings

MicroStrategy Incorporated announced updates regarding its at-the-market (ATM) offering program, including the total face value of preferred stock sold and net proceeds after sales commissions. The company disclosed a new $21.0 billion offering of MSTR Stock, which will be available for issuance once the capacity under the existing offering is largely used up.

Additionally, MicroStrategy provided information on its bitcoin holdings, noting that recent purchases were funded by proceeds from the ATM sales. The company maintains a dashboard on its website to share information about market prices, bitcoin transactions, and key performance metrics, encouraging investors to review this data regularly.

Apr 27, 2026 08:00:17

MicroStrategy Updates on ATM Sales and Bitcoin Holdings

MicroStrategy Incorporated announced updates regarding its at-the-market (ATM) offering program, including sales of preferred stock and a new $21.0 billion offering of MSTR Stock. The company noted that sales under the new offering may commence once the existing offering capacity is significantly reduced.

Additionally, MicroStrategy disclosed that its bitcoin purchases were financed through proceeds from the ATM sales. The company maintains a dashboard on its website to provide investors with information about market prices, bitcoin holdings, and other key performance metrics, encouraging regular review of this publicly available information.

Apr 20, 2026 08:00:18

MicroStrategy Updates on ATM Offerings and Bitcoin Holdings

MicroStrategy announced updates regarding its at-the-market (ATM) offering program, including the sale of securities and the initiation of new offerings totaling $21.0 billion for both STRC Stock and MSTR Stock. Sales under these new offerings are contingent upon the depletion of capacity in the existing offerings.

Additionally, the company reported that bitcoin purchases were funded through proceeds from the ATM sales. Investors are encouraged to monitor the company’s website dashboard for ongoing updates about market prices, bitcoin transactions, and other key performance metrics.

Apr 13, 2026 08:00:08

MicroStrategy Updates on ATM Offerings and Bitcoin Holdings

MicroStrategy announced significant updates regarding its at-the-market (ATM) offering program, including a new $21.0 billion offering for both STRC Stock and MSTR Stock, and the termination of the previous STRK Stock offering. Sales under these offerings may commence once current capacities are nearly exhausted. As of April 6, 2026, the company also reported that it had utilized proceeds from the ATM sales to purchase bitcoin, reflecting ongoing investment in digital assets.

For the first quarter of 2026, MicroStrategy reported an unrealized loss of $14.46 billion on its digital assets, with a carrying value of $51.65 billion. The company established a $1.73 billion deferred tax asset related to this loss, countered by a valuation allowance of the same amount. The cost basis of its bitcoin holdings currently exceeds their fair value, prompting expectations of an additional valuation allowance of $0.5 billion against other deferred tax assets. Investors are encouraged to monitor the company’s website for ongoing updates and performance metrics.

Apr 06, 2026 08:00:08