MSTR News

R40 coverage and dated third-party headlines for Strategy Inc (MSTR).

R40

R40 Coverage

News Sep 1, 2026

Strategy Joins Coverage With a Rule of 40 of 2.1, Scored on 0.9% of Its Balance Sheet.

Strategy's R40 card reads 2.1 for the June quarter. It is computed on a $122 million software business that holds $490.5 million of the company's $52.56 billion of assets, and it says nothing about the 843,775 bitcoin.

R40

External

August 2026

News Aug 3, 2026

10-Q splits the company into two reportable segments

For the first time Strategy reports a Software segment and a Bitcoin segment rather than one software segment with the bitcoin held in Corporate & Other. Software carried $490.5 million of the $52.56 billion of total assets at 30 June 2026.

SEC 10-Q

External

July 2026

News Jul 30, 2026

BTC Monetization Program and a $1.0 billion buyback

Strategy established a program to sell bitcoin - $218.4 million of sales year to date 2026 - and authorised a $1.0 billion repurchase of MSTR common stock, with no repurchases made as of the release. It also bought back $28.9 million notional of STRC at a 13% discount to par.

SEC 8-K Ex-99.1

News Jul 30, 2026

Convertible debt cut 18% to $6.71 billion

The company spent roughly $1.38 billion of cash retiring convertible notes at about an 8% discount to par, taking the aggregate principal outstanding from $8.21 billion to $6.71 billion and booking a $113.9 million gain on debt extinguishment in the quarter.

SEC 8-K Ex-99.1

News Jul 30, 2026

Q2 2026: revenue $122.4M, net loss $8.22bn on the bitcoin mark

Software revenue rose 6.9% year over year to $122.4 million and the Software segment earned $3.7 million; the consolidated $8.22 billion net loss is an $8.32 billion unrealised loss on 843,775 bitcoin. Diluted loss per share $24.45.

SEC 8-K Ex-99.1