Strategy Stride Preferred
Pays fixed cash dividends when declared within Strategy’s Bitcoin-centered capital structure.
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Profile
Provides a fixed-rate, non-cumulative preferred claim on Strategy, with cash dividends payable only when declared and legally available. Issuance funds general corporate purposes including Bitcoin acquisition, while the security ranks behind debt and higher-ranking preferred stock but ahead of common equity.
Represents Strategy’s fixed-rate, non-cumulative perpetual preferred security. Cash dividends are payable quarterly only when declared and legally available; skipped dividends do not accrue, and the shares have no scheduled maturity.
Channels equity capital into general corporate purposes including Bitcoin acquisition and working capital. The issuer combines a Bitcoin treasury and capital-markets platform with an enterprise analytics software business whose sole reportable operating segment is Software Business.
Sits behind indebtedness and higher-ranking preferred stock, ahead of common stock and junior distributions, and generally carries voting rights only on specified protective matters. The shares are not collateralized by Bitcoin, so payments depend on issuer liquidity, legal dividend capacity, capital-market access, and the broader capital stack.
Company facts
Key statistics
Year to date −4.2% · Average volume (30d) 121.5K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 30, 2026Q2 FY26 | −$2.19 | −$24.45 | −1,017.0% | $123.0M | $122.4M | −0.5% | −3.76% |
| May 5, 2026Q1 FY26 | −$0.86 | −$38.25 | −4,337.4% | $120.8M | $124.3M | +2.9% | −0.34% |
| Feb 5, 2026Q4 FY25 | −$0.08 | −$42.93 | −53,562.5% | $119.1M | $123.0M | +3.2% | +4.79% |
Financial highlights
| 10 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $111.1M | $114.5M | $128.7M | $123.0M | $124.3M | $122.4M | |
| Gross profit | $77.1M | $78.7M | $90.7M | $81.3M | $83.4M | $81.6M | |
| Operating income | −$5.92B | $14.03B | −$5.0K | −$17.45B | −$14.9M | −$8.33B | |
| Net income | −$4.22B | $10.02B | $2.79B | −$12.44B | −$12.54B | −$8.22B | |
| Diluted EPS | −$16.49 | $32.60 | $8.42 | −$42.93 | −$38.25 | −$24.45 | |
| Gross margin | 69.4% | 68.8% | 70.5% | 66.1% | 67.1% | 66.6% | |
| Operating margin | -5,331.4% | 12,256.3% | -0.0% | -14,184.8% | -12.0% | -6,808.1% |
Fiscal years (4-quarter sums)FY24 $463.5M · FY25 $477.2M
Balance sheet, Jun 30, 2026Cash & short-term investments $2.45B · Total debt $6.77B · Total assets $52.56B · Shareholders' equity $45.33B
Dividends
Last cut to $2.50 from $3.0556 in Dec 2025. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 15, 2026 | Jun 15 | Jun 30 | $2.50 | |
| Mar 13, 2026 | Mar 15 | Mar 31 | $2.50 | |
| Dec 15, 2025 | Dec 15 | Dec 31 | $2.50 | cut from $3.0556 |
| Sep 15, 2025 | Sep 15 | Sep 30 | $3.0556 |
Ownership
Shares outstanding 271.25M · Float —
Insiders — no current Form 4 position.
This issuer lists more than one class and the share count spans them all, so a stake here reads as a share of the whole company, not of this class.
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Strive
Direct Bitcoin-treasury and perpetual-preferred capital peer
- Twenty One Capital
Bitcoin-native listed equity and capital-platform peer
- MARA
Large public Bitcoin holder with mining-led accumulation
- Salesforce
Enterprise analytics rival through Tableau and Tableau Next
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Strategy Stride Preferred | $72.46 | +0.07% | $23.83B | — | 2.1 | 79.4 | — |
| Strive | $21.74 | +0.05% | $2.17B | — | 7.1 | 248.1 | +1,370.5% |
| Twenty One Capital | $6.12 | +1.83% | $61.9M | — | — | — | — |
| MARA | $10.68 | +0.19% | $4.07B | — | — | 5.1 | −26.7% |
| Salesforce | $256.48 | +0.16% | $209.66B | 23.4 | 17.6 | 4.8 | +10.8% |
| Median | 23.4 | 12.3 | 5.1 | +10.8% |