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STSTRF

MicroStrategy Incorporated 10.00% Series A Perpetual Strife Preferred Stock

$STRF·$29B·Software - Application·Technology
$94.46-0.5%YTD-6.8%1Y-20.1%
Mentions · last 7 days
2026-07-10: 6 posts2026-07-11: 5 posts2026-07-12: 18 posts2026-07-13: 21 posts2026-07-14: 8 posts2026-07-15: 23 posts2026-07-16: 18 posts99+15%
Price updated 9m ago·X counts updated 17h ago
STSTRF
$STRFMicroStrategy Incorporated 10.00% Series A Perpetual Strife Preferred Stock
$94.46-0.49%99 posts+15%
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 $STRF, 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.

Proven numbersWinding up for a moveAI verdict · as of 2026-07-17

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

MicroStrategy 10% perpetual preferred trading at $95 with BlackRock ETF adding.

STRF is Strategy Inc.'s 10.00% Series A Perpetual Strife Preferred Stock — a preferred equity tied to MicroStrategy's Bitcoin treasury franchise.

Where the setup nets out:

  • The 10% fixed-dividend structure is stable.
  • Underlying Strategy Inc. continues aggressive Bitcoin operations: sold 1,363 BTC (~$80.8M) plus 3,588 BTC (~$216M) to fund Q2 dividends across the preferred stack (STRF, STRE, STRK, STRD).
  • BlackRock's iShares Preferred and Income Securities ETF increased Strategy preferred holdings by $7M to $656M or 4.94% of ETF — real institutional-flow signal.
  • The June 29 announcement of Digital Credit Capital Framework plus BTC monetization program is real strategic evolution.
  • Insider action: director Le Phong bought $999K, director Patten sold $340K modest cluster — mixed signal.
  • Position: 32% of 52-week range, YTD -7%, t12m -20%.

The forward view: the July 30 next earnings is the referee for dividend maintenance and BTC treasury strategy. What supports the pricing: continued Bitcoin-treasury growth plus institutional preferred-stock demand. What breaks it: a Bitcoin price rollover, or a specific dividend adjustment. This is a fixed-income vehicle tied to Strategy's ongoing Bitcoin-treasury execution.

Agrees with X sentimentThe bullish X read on BlackRock ETF adding to Strategy preferreds is directionally right on the institutional-flow signal. Our take agrees the setup is a real income vehicle.

What to watch: July 30 next earnings and dividend maintenance; a Bitcoin price rollover or dividend adjustment would break the coil the wrong way.

On the calendar: 2026-07-30 — Q2 2026 earnings

X sentiment

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

Bullish sentiment8 posts analyzed · as of 2026-07-13

BlackRock's iShares Preferred and Income Securities ETF increased its Strategy preferred holdings (STRC, STRF, STRK, STRD) by $7M to $656M or 4.94% of the ETF, up from $380M in January. Strategy sold 3,588 BTC (~$216M) to fund Q2 STRF, STRE, STRK, STRD dividends and the June STRC dividend, and traders frame the sale as ~0.4% of holdings and a milestone financial-engineering event.

Read the AI verdict + X sentiment for $STRF

  • 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
Free, forever. No credit card.

What it does

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

Fixed 10% perpetual preferred stock paying quarterly cash dividends, providing income investors a senior claim over MicroStrategy common equity.

Industry overviewAI analysisGenerated by AI from underlying data

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

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 $STRF

Partial — Fixed 10% perpetual preferred stock paying quarterly cash dividends, providing income investors a senior claim over MicroStrategy common equity; the AI agent bifurcation — contract expansion vs. user substitution is a secondary rather than primary near-term earnings catalyst.

Top industry ETF

$IGViShares Expanded Tech-Software Sector ETF
-12.0%YTD
-14.7%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
Q1 2026May 5, 2026$-38.25$-0.86-4337.4%
Q4 2025Feb 5, 2026$-42.93$-0.08-53562.5%
Next earningsThu, Jul 30·consensus EPS $0.79

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

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.0.3×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.32%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.-1.4%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.-6.7%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatHigh float · 329.9M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today0.0% 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.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

SellJun 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 9Phong LeCEO5.5K sh$684KSellJun 9Jeanine MontgomeryVP & CAO354 sh$44KSellJun 9Andrew KangCFO1.9K sh$241KSellJun 5Phong LeCEO93.7K sh$11.1MSellJun 5Andrew KangCFO27.8K sh$3.3M
1–10 of 27
+ 37 other (30 exempts · 7 awards) in window

See when $STRF 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 FDJul 138-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

Strategy Inc. (STRF) — 8-K (Items 7.01, 8.01) providing an update on the company's bitcoin holdings and preferred stock (Series A Stride, ticker STRF) as of July 13, 2026. Disclosure made under Reg FD. Informational — routine treasury-update filing for Strategy's bitcoin-accumulation and preferred stock program.

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. filed the same weekly BTC and capital markets update for June 29 – July 5, 2026 under STRF (its fixed-rate preferred stock class): sold 1,363 BTC (~$80.8M) June 29-30 and 2,225 BTC (~$135.2M) July 1-5; no ATM shares sold, no repurchases. Aggregate BTC holdings stood at 843,775 as of July 5 at ~$63.94B total cost. Strategy files identical disclosures across all its security classes (MSTR, STRC, STRF, STRD, STRK) simultaneously; this is a routine weekly treasury update.

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

Strategy Inc. filed an investor presentation under Reg FD on June 29, 2026, under the STRF ticker (a separate preferred stock series from STRC). Same company and same investor presentation as the STRC filing; dual submission required by the dual securities listing structure.

424B5Prospectus supplement (offering)Jun 23424B5
AI summary

STRF 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.

8-KCharter amendmentJun 158-K — Item 3.03 · Item 5.03: Charter amendment · Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

STRF filed an 8-K on June 15, 2026 covering material modification of security holder rights (Item 3.03), charter/bylaw amendments (Item 5.03), Reg FD disclosure (Item 7.01), and other events (Item 8.01). Body unavailable — excerpt cuts off before the specific charter amendment terms are disclosed.

8-KPress release / Reg FDJun 158-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

STRF made a Reg FD disclosure (Item 7.01) and reported other events (Item 8.01) in an 8-K filed June 15, 2026. Body unavailable — excerpt cuts off before the substance of the Reg FD disclosure is revealed.

8-KShareholder voteJun 108-K — Item 5.07: Shareholder vote
AI summary

Strategy Inc held its 2026 Annual Meeting on June 8, 2026. All eight directors including Michael J. Saylor were elected by common stockholders, with Carl J. Rickertsen receiving the highest withhold count (approximately 32.6M withheld vs. 306M for). KPMG LLP was ratified as independent auditor. This 8-K covers all Strategy Inc. securities (MSTR, STRF, STRK, STRC, STRD) and is the same filing duplicated across multiple tickers. Routine annual governance with no material financial impact.

+ 74 other (30 proxys · 26 8-Ks · 7 13Gs · 3 routine 8-Ks) in window

Recent news

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

Strategy Announces Earnings Release Date and Live Video Webinar for Second Quarter 2026 Financial Resultsbusinesswire.com·8d agoStrategy Shares Climb After Company Unveils Sweeping Digital Credit Capital Frameworkbenzinga.com·18d agoStrategy Announces Digital Credit Capital Framework, USD Reserve Policy, STRC Dividend Policy, Digital Credit and MSTR Repurchase Authorizations, and BTC Monetization Programbusinesswire.com·18d agoSTRF: Strategy's Financing Machine Is Stalling - And That's When This Preferred Shinesseekingalpha.com·18d agoExplaining The Strategy Preferred Shares And Why STRF Is The Only Potential Choiceseekingalpha.com·18d ago

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