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STSTRC

Strategy Inc

$STRC·$31B·Software - Application·Technology
$96.18+1.0%YTD-6.7%1Y+1.8%
Mentions · last 7 days
2026-08-16: 79 posts2026-08-17: 299 posts2026-08-18: 184 posts2026-08-19: 140 posts2026-08-20: 157 posts2026-08-21: 135 posts2026-08-22: 74 posts1,069+19%
Price updated 2d ago·X counts updated 19h ago
STSTRC
$STRCStrategy Inc
$96.18+0.98%1.1k posts+19%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $STRC, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Hinges on a big eventAcceleratingAI verdict · as of 2026-08-23

The move is getting stronger, with heavier trading behind it.

This is the Saylor preferred — not MSTR — and it's rebounding to par as the digital-credit reflexivity thesis restarts.

Strategy Inc's STRC (Variable Rate Series A Perpetual Stretch Preferred) is one of four preferred securities Michael Saylor uses to fund the Bitcoin-treasury flywheel — think of it as a hybrid that pays a variable yield and reflexively tracks the health of the whole Strategy capital stack. Understanding what you're buying here matters more than any single number.

  • The security is rebounding to par: STRC closed at $96.18 heading toward the $100 par level after Strive's SATA preferred already reclaimed par — the whole 'digital credit' complex is being repriced positive as Bitcoin holds and MSTR is up 25% on the week.
  • The 12.6% yield is the current attraction: for holders willing to sit through the volatility, that's a real coupon backed by a Bitcoin-collateralized issuer whose ATM program showed zero shares sold last week — no near-term dilution pressure while the security recovers.
  • The reflexivity risk is the counterweight: STRC only pays if Strategy remains solvent through Bitcoin drawdowns, and the Q2 print showed the parent posting a -$24.45 EPS surprise driven by mark-to-market on Bitcoin holdings — the yield is high because the tail is real.
  • Insider activity is thin and normal: director Patten exercised options at $18 and sold small amounts on 7/28 and 8/10 — this is scheduled 10b5-1 activity, not signal about the preferred specifically.

A continuation needs Bitcoin to hold above the recent range and the parent's next ATM/preferred issuance report to show discipline — the digital-credit thesis works while Strategy issues capital carefully and Bitcoin stays supportive. Invalidator: a Bitcoin drawdown of 20%+ or a fresh convertible/preferred issuance at aggressive terms that dilutes the existing stack. This is a specialized instrument — the risk profile is different from a common stock and holders should understand the reflexivity mechanics before comparing yield versus a fixed-income substitute.

Agrees with X sentimentThe X view is well-anchored — the rebound to par is real, Strive's SATA already reclaimed par is a factual comparable, and the 12.6% yield framing is accurate. The comparison to Treasury buybacks is a stretch, but the core 'reflexivity thesis restarting' framing is coherent for the security type.

What to watch: Bitcoin price direction and Strategy's next weekly ATM update. BTC holding + zero-issuance weeks = STRC continues toward par; a BTC drawdown or fresh dilutive issuance = the preferred re-tests lower.

On the calendar: 2026-11-04 — Q3 earnings

preferred securitybitcoin reflexivity

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment90 posts analyzed · as of 2026-08-22

Strategy's STRC preferred chatter is bullish on the security rebounding toward $100 par (crossing $96 into the close), with Strive's SATA already back at par proving the reflexivity thesis. Traders track daily print activity, frame STRC's 12.6% yield as attractive and note MSTR is up 25% on the week and ASST up 50% off restored digital-credit reflexivity. Bulls dismiss 'Ponzi' framings comparing it to US Treasury buybacks. The lone bear is the January dip-buyer schtick from influencers who bought STRC at $75.

Read the AI verdict + X sentiment for $STRC

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
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What it does

Plain-English summary of the business — what they sell and how they make money.

Variable-rate perpetual preferred stock tied to MicroStrategy's Bitcoin treasury, offering floating income with Bitcoin price exposure.

Industry overviewAI analysisGenerated by AI from underlying data

Where Software - Application sits in its cycle right now — and what that implies for $STRC.

Software - Application · Technology

No material change from last week — platforms where agents expand contract value (ServiceNow, Snowflake) are re-rated upward, while tools where agents substitute human users (Adobe Creative..

What this means for $STRC

Neutral — Variable-rate perpetual preferred stock tied to MicroStrategy's Bitcoin treasury, offering floating income with Bitcoin price exposure; limited read-through from software - application macro dynamics to this specific revenue mix.

Top industry ETF

$IGViShares Expanded Tech-Software Sector ETF
-4.2%YTD
-4.2%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
-3.3How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
0.7%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
94.2%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
21.3%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
72.9Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
-24.1%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
68.1%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.2Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Jul 30, 2026$-24.45$0.79-3214.6%
Q1 2026May 5, 2026$-38.25$-0.86-4337.4%
Q4 2025Mar 5, 2026$-42.93$-0.08-53562.5%
Q3 2025Nov 12, 2025$8.42$-0.10+8354.9%
Next earningsWed, Nov 4·consensus EPS $13.37

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$124.3M+11.9%67.1%-12.0%$-38.25$13.0M
Q4 FY25$123.0M+1.9%66.1%-14185%$-42.93$-32.2M
Q3 FY25$128.7M+10.9%70.5%3023%$9.30$14.4B
Q2 FY25$114.5M+2.7%68.8%12256%$36.23$-6.8B

Forward consensus

4-year forecast · up to 6 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$496.8M$459.4M – $518.4M$8.55$7.81 – $9.296
FY27$506.7M$446.3M – $544.3M$3.92$3.42 – $4.224
FY28$520.8M$470.0M – $551.6M$47.66$41.61 – $51.322
FY29$476.4M$429.9M – $504.5M$391.60$341.93 – $421.693

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.1.4×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.85%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.+7.6%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.-0.4%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatHigh float · 330.0M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today0.5% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β3.545-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.FilingActive offeringA shelf registration (S-3 / S-3ASR / S-1) or prospectus supplement (424B*) was filed in the last 90 days — the company is registered to (or actively) issuing new shares. Dilution risk.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellAug 7Jarrod M PattenDirector3.8K sh$389KSellJul 27Jarrod M PattenDirector1.9K sh$192KSellJul 24Jarrod M PattenDirector1.9K sh$180KSellJul 22Jarrod M PattenDirector1.3K sh$125KSellJun 23Jarrod M PattenDirector1.5K sh$159KBuyJun 22Phong LeCEO11.0K sh$999KSellJun 17Jarrod M PattenDirector1.5K sh$182KBuyJun 16Thomas C. ChowEVP & General Counsel111 sh$10KSellJun 15Jarrod M PattenDirector1.5K sh$201KSellJun 9Jeanine MontgomeryVP & CAO354 sh$44K
1–10 of 32
+ 42 other (35 exempts · 7 awards) in window

See when $STRC insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
Free, forever. No credit card.

SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KPress release / Reg FDAug 178-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

Strategy Inc. (STRC, a Strategy Inc. preferred security) filed an 8-K under Items 7.01 and 8.01, furnishing a Regulation FD disclosure and other material information effective August 17, 2026. This is the STRC-ticker counterpart to Strategy Inc.'s broader disclosure event covering its Bitcoin treasury strategy and complex preferred equity capital structure.

8-KPress release / Reg FDAug 108-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

Strategy Inc. (STRC) disclosed its weekly ATM program update for August 3–9, 2026 showing zero shares sold across all four preferred securities. STRC (Variable Rate Series A Perpetual Stretch Preferred) had $17,511 million remaining available for issuance as of August 9, 2026. No capital was raised under any program during the reported week.

8-KPress release / Reg FDAug 38-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

STRC filed an 8-K (Item 7.01) for a Regulation FD disclosure. A presentation or investor communication is being furnished as an exhibit. Reg FD disclosures are furnished rather than filed and are not typically market-moving on their own, but may contain forward-looking statements or strategy updates.

8-KPress release / Reg FDJul 308-K — Item 2.02: Earnings release · Item 7.01: Press release / Reg FD
AI summary

Strategy Inc (parent of MSTR common stock) reported Q2 2026 financial results for the quarter ended June 30, 2026 via press release, filing this 8-K to cover its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) alongside three other preferred classes. The company also maintains a public 'Strategy Dashboard' at www.Strategy.com disclosing bitcoin holdings, market prices of outstanding securities, and KPI metrics under Reg FD. Specific financial results including bitcoin gain/loss and treasury performance are in the attached press release. This is the routine quarterly earnings disclosure for Strategy Inc's multi-class preferred/common equity structure.

8-KPress release / Reg FDJul 278-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

STRC (STRC) furnished Reg FD materials under Item 7.01 (Reg FD), filed 2026-07-27. Reg FD disclosures are furnished (not filed) — commonly investor slides, strategy updates, or guidance. Review the exhibit for material new information about business outlook.

8-KPress release / Reg FDJul 208-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

Strategy Inc. filed its weekly ATM update covering July 13–19, 2026. During this period, the company sold 2,732,318 MSTR Class A common shares for net proceeds of $263.5 million; no STRC (Variable Rate Series A Perpetual Stretch Preferred) shares were sold. As of July 19, 2026, STRC has $17,510.8 million remaining available for issuance and sale under the ATM, the largest remaining capacity of any Strategy security. Ongoing equity issuance across MSTR funds Strategy's continued Bitcoin accumulation, while preferred ATM capacity remains largely untapped.

8-KPress release / Reg FDJul 138-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

Strategy Inc. (STRC) — 8-K (Items 7.01, 8.01) providing an update on Strategy's bitcoin holdings and preferred stock (Strike preferred class, ticker STRC) as of July 13, 2026. Filed under Reg FD. Informational — routine treasury-update filing covering Strategy's bitcoin-accumulation program; same underlying 8-K as STRF and STRK, cross-filed for STRC preferred class.

8-KOfficer or director changeJul 68-K — Item 5.02: Officer or director change · Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

Strategy Inc. (STRC) disclosed its weekly Bitcoin and capital markets activity for the period June 29 – July 5, 2026. Strategy sold 1,363 BTC for ~$80.8M ($59,256 average) on June 29-30 and 2,225 BTC for ~$135.2M ($60,773 average) on July 1-5; no new ATM shares were sold and no share repurchases were made during the period. As of July 5, 2026, Strategy holds 843,775 BTC at a total cost of ~$63.94 billion ($75,578 average purchase price). This is a routine weekly disclosure across Strategy's multiple share classes reflecting ongoing BTC sales and treasury management.

+ 69 other (30 proxys · 24 8-Ks · 4 424B5s · 4 13Gs) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Strategy CEO Phong Le Says Bitcoin Accumulation Will Continue Later This Year. Is It Time to Give MSTR Stock Another Chance?fool.com·5d agoStrategy Puts STRC Digital Credit Ahead of MSTR Buybacks and Dividendsmarketbeat.com·6d agoThis 1 Number Says Michael Saylor’s Bitcoin Sales Are About to End247wallst.com·14d agoThe Way We Chose To Take Exposure To What Strategy Offers Usseekingalpha.com·16d agoStrategy Q2 Earnings Call Focuses on STRC Repair & Cash Bufferzacks.com·20d ago

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TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

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