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STSTRD

Strategy Inc

$STRD·$19B·Software - Application·Technology
$61.36+3.0%YTD-19.8%1Y-28.0%
Mentions · last 7 days
2026-07-28: 5 posts2026-07-29: 3 posts2026-07-30: 2 posts2026-07-31: 8 posts2026-08-01: 3 posts2026-08-02: 1 posts2026-08-03: 2 posts24-12%
Price updated 2h ago·X counts updated 1d ago
STSTRD
$STRDStrategy Inc
$61.36+2.97%24 posts-12%
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 $STRD, 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.

Driven by hypeWinding up for a moveAI verdict · as of 2026-08-01

Trading in a tight range and building pressure — a move looks likely soon, but the direction isn't clear yet.

Strategy Inc's 10% Series A preferred STRD — Bitcoin-treasury preferred, $1.25B BTC monetization program, junior in the stack.

STRD is the 10.00% Series A Perpetual Stride Preferred Stock of Strategy Inc, the enterprise-analytics-and-Bitcoin-treasury company formerly known as MicroStrategy. This is a preferred security, not the common — its value derives from the 10% coupon and Bitcoin-treasury coverage. Down 21% YTD and 32% over 12 months as the capital stack digested a heavy Q2 accounting print.

Where the setup sits:

  • The July 30 Q2 8-K reported a $24.45 per-common-share loss versus $2.19 consensus — a very large miss driven by digital-asset fair-value accounting on the Bitcoin holdings, not operating deterioration, but it flags how much mark-to-market volatility flows through the P&L.
  • The Bitcoin Monetization Program authorizing up to $1.25B of BTC monetization plus the STRC $12 dividend moving that sister-security's effective yield to 16% is the substantive capital-stack news — management deploying balance-sheet flexibility around the preferred series.
  • As a junior preferred within a stack including STRC, STRF, STRK, and MSTR common, STRD sits below the senior preferreds in liquidation and above the common — the perpetual 10% coupon means the security trades on credit quality and BTC-coverage math.
  • Position at 24% of 52-week range with the tape below both 50-day and 200-day moving averages — technically weak but recent chatter targeting $70-$80 flags a bounce thesis if BTC firms.

The next pivot is BTC price trajectory plus capital-stack signals: a BTC recovery plus continued monetization-program execution keeps the coupon thesis intact; a BTC correction or a preferred-restructuring disclosure and the -21% YTD extends as coverage math tightens.

Agrees with X sentimentX captures the substance for STRD specifically — the most junior preferred being up 14.32% with contributors targeting the $70-$80 range, the BTC Monetization Program authorizing up to $1.25B, and the $12 annual dividend on STRC moving that sister-security's effective yield to 16%. The confidently-bullish tone tracks the capital-stack mechanics and BTC-coverage math.

What to watch: Ongoing BTC price trajectory plus capital-stack signals — BTC recovery plus continued monetization-program execution keeps the coupon thesis intact; BTC correction or preferred-restructuring disclosure and the -21% YTD extends.

On the calendar: Ongoing — no specific earnings date for the preferred series

X sentiment

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

Bullish sentiment5 posts analyzed · as of 2026-07-06

Strategy's most junior preferred STRD is up 14.32% with contributors targeting $70-$80. The BTC Monetization Program authorizing up to $1.25B of Bitcoin monetization and the $12 annual dividend moving STRC's effective yield to 16% add supportive backdrop. Tone is confidently bullish.

Read the AI verdict + X sentiment for $STRD

  • 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.

Preferred stock of MicroStrategy—enterprise analytics software firm holding the largest corporate Bitcoin treasury.

Industry overviewAI analysisGenerated by AI from underlying data

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

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 $STRD

Neutral — Preferred stock of MicroStrategy—enterprise analytics software firm holding the largest corporate Bitcoin treasury; 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
-8.1%1Y

Fundamentals & catalyst

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

Key ratios

P/E
-3.2How 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
13.5%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
68.2Same 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$-24.45$-2.19-1017.0%
Q1 2026May 5, 2026$-38.25$-0.86-4337.4%
Q4 2025Feb 5, 2026$-42.93$-0.08-53562.5%

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$124.3M+11.9%67.1%-12.0%$-38.25$-7.2B
Q4 FY25$123.0M+1.9%66.1%-14185%$-42.93$0
Q3 FY25$128.7M+10.9%70.5%-0.0%$9.30$14.4B
Q2 FY25$114.5M+2.7%68.8%12256%$36.23$-6.8B

Forward consensus

4-year forecast · up to 10 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$496.8M$459.4M – $518.4M$8.55$7.47 – $9.2110
FY27$506.7M$446.3M – $544.3M$3.92$3.42 – $4.227
FY28$520.8M$470.0M – $551.6M$47.66$41.61 – $51.324
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.1.0×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.28%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.-6.4%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.-18.3%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

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.

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

Strategy Inc reported Q2 2026 financial results for the quarter ended June 30, 2026 via press release, with this 8-K filed on behalf of the 10.00% Series A Perpetual Stride Preferred Stock (STRD, Nasdaq). The company discloses bitcoin holdings, market prices of all outstanding securities (STRC/STRD/STRF/STRK/MSTR), and KPI metrics via its public 'Strategy Dashboard' at www.Strategy.com under Reg FD. Specific financial figures including bitcoin-related gain/loss are in the attached exhibit. This is a companion quarterly earnings filing to the other Strategy preferred stock series.

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

STRD (STRD) 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 for July 13–19, 2026, reporting 2,732,318 MSTR Class A common shares sold for $263.5 million in net proceeds. No STRD (10% Series A Perpetual Stride Preferred) shares were sold during the period; $4,014.8 million in STRD ATM capacity remains available. With no new STRD shares issued this week, the outstanding count and associated 10% dividend obligations are unchanged, and the preferred's yield dynamics remain stable.

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

Strategy Inc. (STRD) — 8-K (Items 7.01, 8.01) providing an update on Strategy's bitcoin holdings and preferred stock (Stride preferred class, ticker STRD) as of July 13, 2026. Filed under Reg FD. Informational — routine bitcoin/preferred treasury update; same underlying 8-K as STRF/STRC/STRK, cross-filed for STRD 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. (STRD, a Strategy preferred stock class) filed the identical weekly Bitcoin and capital markets update as STRC/STRF (see companion filings): sold 1,363 BTC for ~$80.8M June 29-30 and 2,225 BTC for ~$135.2M July 1-5; no ATM activity; no repurchases. Holdings as of July 5: 843,775 BTC at ~$63.94B total cost ($75,578 avg). Strategy files these updates simultaneously across all its securities classes. Routine weekly treasury disclosure.

8-KPress release / Reg FDJun 298-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

Strategy Inc. (MSTR/STRD) announced a 'Digital Credit Capital Framework' on June 29, 2026, covering all series of its preferred 'Digital Credit Securities' including STRD, STRK, STRC, and STRF. The five-component framework includes a Board-approved USD Reserve policy (restricted to preferred dividend payments and debt interest), a revised STRC dividend policy, preferred securities and Class A stock repurchase programs, and a BTC monetization program. This is a meaningful structural announcement for preferred holders — it formalizes capital allocation discipline intended to support preferred dividend payments while preserving Bitcoin treasury exposure.

424B5Prospectus supplement (offering)Jun 23424B5
AI summary

STRD filed a 424B5 prospectus supplement on 2026-06-23 at $87.31 per share. This represents dilution happening now.

8-KPress release / Reg FDJun 228-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

Delaware 001-42509 51-0323571 disclosed: t Variable Rate Series A Perpetual Stretch Preferred Stock, $0.001 par value per share STRC The Nasdaq Global Select Market 8.00% Series A Perpetual Strike Preferred Stock, $0.001 par value per share STRK The Nasdaq Global Select Market 10.00% Series A Perpetual Stride Preferred Stock, $0.001 par value per share STRD The Nasdaq Global Select Market Class A common stock, $0.001 par value per share MSTR The Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging gr.

+ 73 other (30 proxys · 26 8-Ks · 6 13Gs · 3 424B5s) in window

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Voices on X · top 1 · last 7 days

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