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STSTRC

Strategy Inc

$STRC·$34B·Software - Application·Technology
$99.54+0.1%YTD+0.4%1Y+0.3%
Price updated 1m ago·X counts updated 3d ago
STSTRC
$STRCStrategy Inc
$99.54+0.07%1.0k posts1×
AI analysisFundamentalsVoices on X
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On X

The complete picture of $STRC on X — how loud the conversation is right now, how it has trended over the last two weeks, and which way the crowd is leaning.

1,045X posts · last 7 days
Sep 21Oct 4
Chatter Meter
1×
QuietNormal · 1×Loud

How loud $STRC's conversation on X is versus its own normal — 1× is typical, higher means busier. Right now it's about its usual level.

Bullish sentimentAI analysisGenerated by AI from underlying data19 posts analyzed · as of 2026-10-02

X is bullish on Strategy's STRC preferred — holders are cheering the move toward daily dividends (first achieved by Strive's SATA), with STRC's ~12% yield framed as hard to beat, a $60B potential market cap if it captures just 1% of the $6T junk-bond TAM, and DeFi products already building on top. Dissent is operational: the preferred is trading below par and holders want MSTR to stop issuing shares to buy it back dilutively.

Read what X is saying about $STRC

  • Bullish vs bearish call — with the AI summary of the day's posts
  • Divergence flag when the top-engagement posts argue the other side
  • How loud the conversation is versus this ticker's own normal
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AI verdictAI analysisGenerated by AI from underlying data

TickerTalks' own read on what's driving $STRC — fundamentals, momentum, or an event — and whether it agrees with the X crowd.

Hinges on a big eventEvent coming upAI verdict · as of 2026-10-02

A known event soon (earnings, a ruling, etc.) will likely decide the next move.

Bitcoin-treasury preferred — the daily-dividend conversion vote is the specific catalyst holders are stacked on.

STRC is Strategy Inc.'s Variable Rate Series A Perpetual Stretch Preferred Stock — a yield-oriented preferred claim on the Bitcoin treasury company (formerly MicroStrategy). The security trades near par ($99.5) at the top of its 52-week range into a Nov 11 special meeting that would amend the preferred to pay daily dividends.

  • The structure is the whole story: Strategy's four preferred classes (STRF, STRC, STRK, STRD) pay fixed/variable dividends backed by common-stock issuance capacity; the Sep 25 vote proposal to switch to daily dividend accruals is a specific technical change that bulls model as a ~2% re-rating closer to par on every tranche.
  • The underlying business keeps raising common equity to buy Bitcoin ($246M in the week of Sep 21-27 alone via ATM), which both funds the preferred's dividend coverage and dilutes common holders — the preferred holder's position is structurally stronger than common at these valuations.
  • At $34B market cap and 72x sales, the common's valuation is Bitcoin-NAV plus a software remnant — STRC is a different animal, keyed to interest rates and dividend-coverage mechanics rather than Bitcoin's spot price.

The event is the Nov 11 special meeting approving the daily-dividend amendment. Approval is the catalyst that re-rates STRC closer to par; rejection or deferral keeps it range-bound; a sharp Bitcoin drawdown that stresses dividend coverage is the one asymmetric downside case.

Agrees with X sentimentX bulls modeling a $60B market cap on 1% of the junk-bond market and anchoring on the daily-dividend re-peg are reading the mechanics correctly — the STRK-vs-STRC retirement comparison is a reasonable counter about which preferred is better, not a bear thesis on the structure itself.

What to watch: Nov 11 special meeting vote — approval of the daily-dividend amendment to STRC/STRF/STRK/STRD terms. Approval re-rates toward par; rejection or deferral keeps STRC range-bound; a sharp BTC drawdown that stresses dividend coverage is the downside tail risk.

On the calendar: 2026-11-11 — Special meeting (daily dividends)

Read the AI verdict on $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)
  • Whether TickerTalks' read agrees with or diverges from the X crowd
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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 — Adobe Q3 lifted guidance with triple-digit AI-first ARR, validating the AI upsell bifurcation: vendors embedding AI agents into core workflows (NOW, CRM, SAP, WDAY, TEAM, ADBE) are re-accelerating whi.

What this means for $STRC

Partial — Variable-rate perpetual preferred stock tied to MicroStrategy's Bitcoin treasury, offering floating income with Bitcoin price exposure.; AI feature integration (Agentforce, AI Copilot) into core platform defends ARR while pricing for AI add-ons lifts ACV.

Top industry ETF

$IGViShares Expanded Tech-Software Sector ETF
+4.4%YTD
-3.9%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 11·consensus EPS $13.29

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 7 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$500.3M$462.2M – $531.1M-$23.45-$25.49 – -$21.417
FY27$509.6M$451.1M – $543.5M$14.28$12.50 – $15.475
FY28$526.1M$475.8M – $559.9M$22.96$20.10 – $24.871
FY29$476.4M$430.8M – $506.9M$100.57$88.06 – $108.942

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.0.7×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.97%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.+3.2%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.+2.9%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 today0.3% 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.

Insider activity

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

Recent transactions

SellSep 22Jarrod M PattenDirector475 sh$81KSellSep 21Jarrod M PattenDirector1.4K sh$238KSellSep 4Thomas C. ChowEVP & General Counsel106 sh$15KSellAug 27Jarrod M PattenDirector1.9K sh$241KSellAug 25Jarrod M PattenDirector2.8K sh$348KSellAug 24Jarrod M PattenDirector925 sh$113KSellAug 7Jarrod M PattenDirector3.8K sh$389KSellJul 27Jarrod M PattenDirector1.9K sh$192KSellJul 24Jarrod M PattenDirector1.9K sh$180KSellJul 22Jarrod M PattenDirector1.3K sh$125K
1–10 of 38
+ 46 other (39 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
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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 FDOct 58-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
8-KPress release / Reg FDOct 18-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

Strategy Inc. announced on September 30, 2026 that it will maintain the dividend rate on its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) at 12.00% per annum for semi-monthly periods commencing October 16, 2026, and declared semi-monthly cash dividends payable October 31, 2026 to holders of record on October 15, 2026. Management stated its intent to hold the 12.00% rate until STRC trades sustainably near $100 per share. The same 8-K is cross-reported for all four Strategy preferred series. Routine dividend rate maintenance for the variable-rate preferred; no structural change to the instrument.

8-KPress release / Reg FDSep 288-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

Strategy Inc. provided an ATM update for the week of September 21–27, 2026: it sold 1,469,165 shares of MSTR common stock for $246.2 million in net proceeds (approximately $103 average per share implied), while no preferred shares (STRF, STRC, STRK, STRD) were sold during the period. Remaining ATM capacity stands at ~$18.8B for MSTR common stock, $17.5B for STRC, $4.0B for STRD, $2.1B for STRK, and $1.6B for STRF. This is a routine weekly treasury update reflecting ongoing equity issuance to fund bitcoin accumulation.

8-KPress release / Reg FDSep 218-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

Strategy Inc. (MSTR) filed its weekly bitcoin and ATM update across its preferred share tickers including STRC, reporting that it purchased 950 BTC at an average price of $79,670 (total $75.7 million) during September 14-20, 2026, while making no ATM share sales during the period. As of September 20, 2026, aggregate bitcoin holdings stand at 846,000 BTC at a total cost of approximately $63.80 billion ($75,416 average price). This is a routine weekly disclosure identical to the concurrent STRK/STRF/STRD 8-K filings; no new dilution occurred this week.

8-KPress release / Reg FDSep 148-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

Strategy Inc. (STRC preferred class) disclosed that during September 8-13, 2026, Strategy did not sell any shares under its ATM program and did not purchase or sell any bitcoin. As of September 13, 2026, Strategy holds 845,050 bitcoin acquired at $63.73B total (~$75,412/BTC average inclusive of fees). Minor preferred share repurchases were also noted. Routine weekly bitcoin treasury update — no change in bitcoin position.

8-KPress release / Reg FDSep 88-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

Strategy Inc. disclosed on September 8, 2026, that it holds approximately 845,050 bitcoin acquired at a total cost of $63.73 billion (average approximately $75,412 per BTC including fees). No bitcoin was purchased or sold, and no ATM shares were sold, during August 31 through September 7, 2026. The board approved increasing the Digital Credit Securities Repurchase Program from $1.0 billion to $2.0 billion authorized, with $1.19 billion remaining available as of September 7, 2026. This filing also satisfies reporting obligations for the Strife preferred shares (STRC).

8-KPress release / Reg FDSep 18-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
8-KPress release / Reg FDAug 318-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
+ 78 other (40 proxys · 25 8-Ks · 3 routine 8-Ks · 3 13Gs) in window

Recent news

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

Strategy's Preferred: Fundamentals Behind The Daily Dividendsseekingalpha.com·6d agoStrategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Shares Will Pay Dividend of $0.50defenseworld.net·9d agoStrategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Director Jarrod Patten Sells 1,425 Shares of Stockdefenseworld.net·14d agoThe Nasdaq's Biggest Winner Was a Bitcoin Stock That Is Still Down 56% in a Year247wallst.com·33d agoStrategy CEO Phong Le Says Bitcoin Accumulation Will Continue Later This Year. Is It Time to Give MSTR Stock Another Chance?fool.com·50d ago

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Voices on X · last 7 days

No standout posts about $STRC on X in the last 7 days.

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