βΏ1 = $69,319.69β² 3.47%
Strategy Inc.
MSTRπΊπΈTreasury
$137.65β² 6.29%
As of March 2, 2026 at 22:13 UTCMarket Closed
Strategy (formerly MicroStrategy) is a business intelligence software company that became the world's largest corporate Bitcoin holder. The company systematically raises capital through equity and convertible debt offerings to accumulate BTC.
BTC Reserve
720,737 BTC
Fiat Reserve
2.25B USD
Total Reserve
52.21B USD
Shares outstanding
335.85M
Total outstanding
16.67B USD
Market cap
46.23B USD
mNAV
0.93xβ² 2.73%
Amplification
31.9%
Leverage
15.7%
Avg-weighted maturity
2030-03-13
In-the-money
-67.6%
Dilution if full conversion
7.9%
BTC Holdings
BTC Holdings
Maturity Profile
Convertibles
BTC Price & Analytics
Convertibles(6)
Convertibles(6)
MSTR-Sep28
2024-09-20 β 2028-09-15
MSTR-Dec29
2024-11-21 β 2029-12-01
MSTR-Mar30A
2024-03-11 β 2030-03-15
MSTR-Mar30B
2025-02-24 β 2030-03-01
MSTR-Mar31
2024-03-19 β 2031-03-15
MSTR-Jun32
2024-06-20 β 2032-06-15
Total conv. outstanding
8.21B USD
| Label | Issue | Maturity | Coupon | Principal | Outstanding | Conv. price | |
|---|---|---|---|---|---|---|---|
| MSTR-Sep28 | 2024-09-20 | 2028-09-15 | 0.625% | 1.01B USD | 1.01B USD | 183.19 USD | |
| MSTR-Dec29 | 2024-11-21 | 2029-12-01 | 0% | 3.00B USD | 3.00B USD | 672.40 USD | |
| MSTR-Mar30A | 2024-03-11 | 2030-03-15 | 0.625% | 800.00M USD | 800.00M USD | 149.77 USD | |
| MSTR-Mar30B | 2025-02-24 | 2030-03-01 | 0% | 2.00B USD | 2.00B USD | 433.43 USD | |
| MSTR-Mar31 | 2024-03-19 | 2031-03-15 | 0.875% | 603.75M USD | 603.75M USD | 232.72 USD | |
| MSTR-Jun32 | 2024-06-20 | 2032-06-15 | 2.25% | 800.00M USD | 800.00M USD | 204.33 USD | |
| 8.21B USD | |||||||
See history(2)
See history(2)
Preferred instruments(5)
Preferred instruments(5)
STRF
Issued 2025-06-01
STRC
Issued 2025-08-03
STRE
Issued 2025-11-13
STRK
Issued 2025-03-16
STRD
Issued 2025-07-13
Total prefs outstanding
8.46B USD
Other debt(0)
Other debt(0)
No active other debt.
News
Strategy Adds 3,015 BTC, Holdings Reach 720,737
Strategy acquired 3,015 bitcoin for $204.1 million during the week ending March 1, bringing total holdings to 720,737 BTC.
Strategy Raises STRC Dividend Rate to 11.50%
Strategy increased the annualized dividend rate on its STRC preferred stock from 11.25% to 11.50%, effective March 1, 2026.