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For the quarter ending 2026-03-31, MSTR has $54,268,750K in assets. $8,632,465K in debts. $2,207,219K in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
605.29%
Quick Ratio
605.29%
Cash Ratio
558.71%
Debt to Asset Ratio
15.91%
Unit: Thousand (K) dollars
Assets Breakdown
    • Digital assets
    • Cash and cash equivalents
    • Deposits and other assets
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Series a perpetual preferred sto...
    • Long-term debt, net
    • Others

Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Cash and cash equivalents
2,207,219 2,301,470 54,285 50,095
Restricted cash
2,026 1,873 1,915 2,037
Accounts receivable, net
122,257 205,748 113,406 117,870
Prepaid expenses and other current assets
59,722 55,046 44,345 43,459
Total current assets
2,391,224 2,564,137 213,951 213,461
Digital assets
51,649,675 58,854,028 73,205,725 64,362,798
Property and equipment, net
28,275 28,858 29,949 30,203
Right-of-use assets
58,270 46,975 49,236 51,573
Deposits and other assets
136,263 142,577 114,342 109,664
Deferred tax assets
5,043 4,507 5,835 5,716
Total assets
54,268,750 61,641,082 73,619,038 64,773,415
Accounts payable, accrued expenses, and operating lease liabilities
44,660 50,335 48,723 44,220
Accrued compensation and employee benefits
33,654 69,986 44,514 50,132
Accrued interest
5,970 5,619 29,896 5,620
Preferred dividends payable
48,153 27,121 --
Current portion of long-term debt, net
31,402 31,313 316 349
Deferred revenue and advance payments
231,218 272,118 200,641 214,251
Total current liabilities
395,057 456,492 324,090 314,572
Long-term debt, net
8,165,122 8,158,842 8,173,587 8,162,281
Deferred revenue and advance payments
5,224 5,451 3,450 4,197
Operating lease liabilities
60,861 46,135 48,162 51,218
Other long-term liabilities
4,822 4,736 4,790 4,672
Deferred tax liabilities
1,379 1,926,454 6,947,911 5,865,510
Total liabilities
8,632,465 10,598,110 15,501,990 14,402,450
Series APerpetual Strike Preferred Stock
--1,193,240 1,040,394
Series APerpetual Strife Preferred Stock
--1,091,342 874,041
A10.00Series APerpetual Strife Preferred Stock
-1,191,128 --
Variable Rate Series APerpetual Stretch Preferred Stock
-2,631,281 2,473,800 -
A10.00Series Perpetual Stream Preferred Stock
-707,069 --
A8.00Series APerpetual Strike Preferred Stock
-1,226,553 --
Series APerpetual Stride Preferred Stock
--1,027,948 979,486
A10.00Series APerpetual Stride Preferred Stock
-1,163,483 --
Series a perpetual preferred stock,0.001 par value 424,953 and 442,361 shares authorized 98,881 and 78,183 issued and outstanding at march31, 2026 and december31, 2025, respectively redemption value and liquidation preference of 10,004,676 and 8,032,324 at march31, 2026 and december31, 2025, respectively
8,984,928 6,919,514 5,786,330 2,893,921
Preferred stock
-0 --
Common stock, 0.001 par value-Common Class A
326 292 267 261
Common stock, 0.001 par value-Common Class B
20 20 20 20
Additional paid-in capital
43,130,389 37,806,554 33,390,487 31,158,044
Accumulated other comprehensive loss
-7,913 -5,171 -5,113 -5,020
(accumulated deficit) retained earnings
-6,471,465 6,321,763 18,945,057 16,323,739
Total stockholders equity
36,651,357 44,123,458 52,330,718 47,477,044
Total liabilities, mezzanine equity and stockholders' equity
54,268,750 61,641,082 73,619,038 64,773,415
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Cash and cashequivalents$2,207,219K (3560.52%↑ Y/Y)Accounts receivable, net$122,257K (16.90%↑ Y/Y)Prepaid expenses andother current assets$59,722K (62.42%↑ Y/Y)Restricted cash$2,026K (3.37%↑ Y/Y)Digital assets$51,649,675K (18.61%↑ Y/Y)Total current assets$2,391,224K (1074.40%↑ Y/Y)Deposits and other assets$136,263K (63.66%↑ Y/Y)Right-of-use assets$58,270K (9.80%↑ Y/Y)Property and equipment,net$28,275K (-0.21%↓ Y/Y)Deferred tax assets$5,043K (-6.66%↓ Y/Y)Total assets$54,268,750K (23.56%↑ Y/Y)Total liabilities,mezzanine equity and...$54,268,750K (23.56%↑ Y/Y)Total stockholdersequity$36,651,357K (13.75%↑ Y/Y)Series a perpetualpreferred stock,0.001 par...$8,984,928K (588.77%↑ Y/Y)Total liabilities$8,632,465K (-16.95%↓ Y/Y)(accumulated deficit)retained earnings-$6,471,465K (-201.88%↓ Y/Y)Accumulated othercomprehensive loss-$7,913K (33.88%↑ Y/Y)Additional paid-in capital$43,130,389K (66.65%↑ Y/Y)Long-term debt, net$8,165,122K (0.31%↑ Y/Y)Total currentliabilities$395,057K (27.98%↑ Y/Y)Operating leaseliabilities$60,861K (13.35%↑ Y/Y)Deferred revenue andadvance payments$5,224K (31.22%↑ Y/Y)Other long-termliabilities$4,822K (8.63%↑ Y/Y)Deferred tax liabilities$1,379K (-99.93%↓ Y/Y)Common stock, 0.001 parvalue-Common Class A$326K (31.98%↑ Y/Y)Common stock, 0.001 parvalue-Common Class B$20K (0.00%↑ Y/Y)Deferred revenue andadvance payments$231,218K (7.20%↑ Y/Y)Preferred dividendspayable$48,153K Accounts payable,accrued expenses, and...$44,660K (-16.86%↓ Y/Y)Accrued compensationand employee...$33,654K (2.65%↑ Y/Y)Current portion oflong-term debt, net$31,402K (5881.33%↑ Y/Y)Accrued interest$5,970K (0.00%↑ Y/Y)