Strategy Strike Preferred
Runs enterprise analytics alongside a Bitcoin treasury and capital-markets platform.
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Profile
Combines an AI-powered enterprise analytics business with a Bitcoin treasury strategy funded through common stock, convertible debt, and preferred securities. Software operations serve enterprise and embedded analytics users, while financial results depend on Bitcoin markets, financing access, preferred dividends, debt service, custody, regulation, and software economics.
Combines a Bitcoin treasury strategy with an AI-powered enterprise analytics business. The software operation spans enterprise and embedded analytics plus cloud delivery, while the treasury operation acquires and holds bitcoin and issues capital-market instruments with different forms of Bitcoin-linked exposure.
Executes through a deliberate leadership split: the chief executive runs day-to-day operations and the software business, while the founder and executive chairman oversees long-term and Bitcoin strategy. The workforce is predominantly international, though headquarters and a meaningful employee base remain in Virginia and the wider United States.
Results depend on bitcoin prices and liquidity, access to financing, preferred dividends and debt service, custody and security, regulation, and the economics of enterprise software.
Company facts
Key statistics
Year to date −14.2% · Average volume (30d) 88.7K
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% | −5.49% |
| May 5, 2026Q1 FY26 | −$0.86 | −$38.25 | −4,337.4% | $120.8M | $124.3M | +2.9% | +0.06% |
| Feb 5, 2026Q4 FY25 | −$0.08 | −$42.93 | −53,562.5% | $119.1M | $123.0M | +3.2% | +6.01% |
| Oct 28, 2025Q3 FY25 | −$0.10 | $9.16 | +9,080.4% | $116.6M | $128.7M | +10.3% | −1.94% |
Financial highlights
| 12 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 | −$15.4M | −$15.5M | −$5.0K | −$10.0M | −$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 | −$24.07 | |
| Gross margin | 69.4% | 68.8% | 70.5% | 66.1% | 67.1% | 66.6% | |
| Operating margin | -13.9% | -13.6% | -0.0% | -8.1% | -12.0% | -6,808.1% |
Fiscal years (4-quarter sums)FY21 $510.8M · FY22 $499.3M · FY23 $496.3M · 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 raised to $2.00 from $1.2444 in Jun 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 | $2.00 | |
| Mar 13, 2026 | Mar 15 | Mar 31 | $2.00 | |
| Dec 15, 2025 | Dec 15 | Dec 31 | $2.00 | |
| Sep 15, 2025 | Sep 15 | Sep 30 | $2.00 | |
| Jun 13, 2025 | Jun 15 | Jun 30 | $2.00 | raised from $1.2444 |
| Mar 14, 2025 | Mar 15 | Mar 31 | $1.2444 |
Ownership
Shares outstanding 272.76M · Float —
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.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % of company | Form | Filed |
|---|---|---|---|---|
| Phong Le · director, officer: President & CEO | 126.3K | 0.05% | Form 4 | Jun 9, 2026 |
| Andrew Kang · officer: EVP & CFO | 71.0K | 0.03% | Form 4 | Jun 9, 2026 |
| Wei-Ming Shao · officer: EVP & General Counsel | 32.7K | 0.01% | Form 4 | Nov 20, 2025 |
| Jarrod M. Patten · director | 28.4K | 0.01% | Form 4 | Jul 28, 2026 |
| Jeanine Montgomery · officer: VP & CAO | 11.2K | 0.00% | Form 4 | Jun 9, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jul 27, 2026 | Jarrod M. Patten | director | −1,950 | $98.48 |
| Jul 24, 2026 | Jarrod M. Patten | director | −1,950 | $92.46 |
| Jul 22, 2026 | Jarrod M. Patten | director | −1,250 | $100.00 |
| Jun 23, 2026 | Jarrod M. Patten | director | −1,500 | $106.08 |
| Jun 22, 2026 | Phong Le | director, officer: President & CEO | +11,000 | $90.80 |
Peers
- Twenty One Capital
Bitcoin-native treasury and capital-markets exposure vehicle
- Microsoft
Enterprise BI leader spanning semantic models, embedding, and AI
- Salesforce
Visual and agentic analytics through the Tableau platform
- MARA
Bitcoin miner with a large treasury and convertible-debt funding
- Alphabet Class A
Cloud BI rival centered on a governed semantic layer and embedded apps
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Strategy Strike Preferred | $71.73 | +0.24% | $21.31B | — | 2.1 | 79.4 | +6.9% |
| Twenty One Capital | $6.12 | +1.83% | $61.9M | — | — | — | — |
| Microsoft | $513.06 | −0.06% | $3.81T | 28.6 | 26.2 | 11.5 | +17.8% |
| Salesforce | $256.48 | +0.16% | $209.66B | 23.4 | 17.6 | 4.8 | +10.8% |
| MARA | $10.68 | +0.19% | $4.07B | — | — | 5.1 | −26.7% |
| Alphabet Class A | $346.00 | −0.14% | $4.19T | 17.4 | 25.8 | 9.4 | +24.2% |
| Median | 23.4 | 25.8 | 7.2 | +14.3% |