Here are the 10-Q quarterly reports from Strategy Inc 8.00% Series A Perpetual Strike Preferred Stock (STRK) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow STRK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full STRK filings page.
Strategy Inc reported modest growth in its Software segment while results were dominated by bitcoin volatility. Total revenues reached $122.4 million for the quarter and $246.7 million for the first half of 2026, up from $225.6 million a year earlier, led by higher subscription services.
Despite this, the company posted a net loss of approximately $8.2 billion for the quarter and $20.8 billion for the first half, versus prior-year profits. The swing was driven primarily by an $8.3 billion quarterly and $22.8 billion year‑to‑date unrealized loss on bitcoin measured at fair value, plus rapidly rising preferred dividends of $630.2 million year‑to‑date.
At June 30, 2026, Strategy held about 846,000 bitcoins with a fair value of $49.7 billion versus a cost basis of $63.9 billion, and management notes that bitcoin represents the vast majority of assets. Long‑term debt, net, declined to $6.7 billion after repurchasing $1.5 billion principal of 2029 Convertible Notes at a discount, generating a $113.9 million gain. Mezzanine preferred equity increased to $14.4 billion, with an aggregate liquidation preference of roughly $15.5 billion, while stockholders’ equity fell to $30.9 billion and accumulated a deficit of $15.2 billion. Operating cash flow was slightly positive, aided by non‑cash digital asset losses and tax effects, and the company continued to raise substantial capital through at‑the‑market issuances of common and preferred stock.
Strategy Inc. reported a sharp bitcoin-driven loss for the quarter ended March 31, 2026. Total revenues from its software business rose to $124.3 million from $111.1 million a year earlier, led by higher subscription services.
The company recorded an unrealized loss on digital assets of $14.46 billion, driving a net loss of $12.54 billion and a net loss attributable to common stockholders of $12.77 billion, or $38.25 per share. Strategy held 762,099 bitcoins with a fair value of $51.65 billion and a cost basis of $57.69 billion, after purchasing 89,599 bitcoins for $7.25 billion during the quarter.
To fund its strategy, the company raised $5.29 billion through at-the-market sales of 33.47 million class A shares and $2.06 billion via new STRC preferred stock, while paying $229.5 million in preferred dividends. Long-term debt, primarily Convertible Senior Notes, stood near $8.17 billion.