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Strategy Inc (STRK)

Strategy Inc (STRK)

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Cash Flow Overview

Change in Cash
-$495,561K
Free Cash flow
-$5,906K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Unrealized loss (gain) on digita...
    • Proceeds from sale of preferred ...
    • Proceeds from sale of common sto...
    • Others
Negative Cash Flow Breakdown
    • Bitcoin Segment
    • Purchases of digital assets
    • Repayment of convertible notes
    • Others
Cash Flow
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Total revenues
122,368
124,300
477,233
-
Operating Segments-Software Business
-
-
100,665
-
Corporate Non Segment
-
-
0
-
Sales and marketing-Controllable Expenses
-
-
100,665
-
Sales and marketing
30,227
31,298
-
-
Operating Segments-Software Business
-
6,141
27,264
-
Software Segment
11,570
-
-
-
Corporate Non Segment
-
0
0
-
Bitcoin Segment
0
-
-
-
Maintenance-Controllable Expenses
-
-
27,264
-
Maintenance
5,429
6,141
-
-
Operating Segments-Software Business
-
11,282
47,513
-
Software Segment
23,158
-
-
-
Corporate Non Segment
-
0
0
-
Bitcoin Segment
0
-
-
-
Consulting-Controllable Expenses
-
-
47,513
-
Consulting
11,876
11,282
-
-
Operating Segments-Software Business
-
22,552
72,973
-
Software Segment
45,622
-
-
-
Corporate Non Segment
-
0
0
-
Bitcoin Segment
0
-
-
-
Cloud-Controllable Expenses
-
-
72,973
-
Cloud
23,070
22,552
-
-
Operating Segments-Software Business
-
23,059
88,361
-
Software Segment
44,304
-
-
-
Corporate Non Segment
-
0
0
-
Bitcoin Segment
0
-
-
-
Technology-Controllable Expenses
-
-
88,361
-
Technology
21,245
23,059
-
-
Corporate resources-Controllable Expenses
-
-
99,350
-
General and administrative
25,001
25,506
-
-
Operating Segments-Software Business
-
0
0
-
Software Segment
0
-
-
-
Corporate Non Segment
-
14,455,479
5,403,476
-
Bitcoin Segment
-22,770,844
-
-
-
Unrealized loss on digital assets-Non Controllable Expenses
-
-
5,403,476
-
Unrealized loss on digital assets
-
14,455,479
-
-
Unrealized loss (gain) on digital assets
-22,770,844
-
-
-
Operating Segments-Software Business
-
0
0
-
Software Segment
0
-
-
-
Corporate Non Segment
-
3,908
17,375
-
Bitcoin Segment
8,149
-
-
-
Digital asset custody fees-Non Controllable Expenses
-
-
17,375
-
Digital asset custody fees
4,241
3,908
-
-
Share-based compensation expense-Non Controllable Expenses
-
-
53,369
-
Share-based compensation expense
14,268
13,173
-
-
Payroll taxes on equity award exercises and vestings-Non Controllable Expenses
-
-
6,821
-
Payroll taxes on equity award exercises and vestings
1,395
662
-
-
Other segment items
987
-1,457
21,052
-
Interest income (expense), net
-1,250
1,824
-64,968
-
Software Segment
0
-
-
-
Bitcoin Segment
113,916
-
-
-
Gain on debt extinguishment
113,916
-
-
-
Income tax benefit (expense)
1,558
-1,922,809
-1,677,802
-
Net income (loss)
-
-
-
2,785,024
Net (loss) income
-8,219,628
-12,542,670
-3,848,152
-
Depreciation and amortization
12,355
8,785
5,629
4,195
Reduction in carrying amount of right-of-use assets
1,661
1,527
2,272
2,270
Deferred taxes
-140
-1,925,628
-5,020,665
1,082,279
Share-based compensation expense
14,268
13,173
10,325
15,483
Unrealized gain on digital assets
-
-
-
3,890,847
Unrealized loss on digital assets
-
14,455,479
5,403,476
-
Digital asset impairment losses
-
-
0
0
Unrealized loss (gain) on digital assets
-22,770,844
-
-
-
Amortization of issuance costs on long-term debt
6,121
6,516
6,499
6,466
Other
-
-
3,484
-
Gain on debt extinguishment
113,916
-
0
0
Other
3,897
-492
-
-
Accounts receivable
-4,241
-1,206
3,918
-9,362
Prepaid expenses and other current assets
-7,275
5,982
9,763
3,100
Deposits and other assets
-1,087
-428
-9,260
-4,149
Accounts payable and accrued expenses
-6,572
-802
-148
9,959
Accrued compensation and employee benefits
-2,035
-38,027
-6,194
-12,212
Accrued interest
-351
351
-351
350
Deferred revenue and advance payments
-18,224
41,958
-14,993
-19,068
Operating lease liabilities
-
-
-2,661
-2,693
Other long-term liabilities
-
-
415
73
Operating lease liabilities and long-term liabilities
-1,749
-2,817
-
-
Net cash provided by (used in) operating activities
-4,139
13,989
-21,629
-8,310
Purchases of digital assets
6,420,975
7,251,126
3,084,135
4,952,080
Proceeds from sale of digital assets
41,038
-
-
-
Advance deposits on purchases of property and equipment
0
0
10,000
5,000
Purchases of property and equipment
1,767
952
584
2,797
Purchases of short-term investments
831,768
-
-
-
Proceeds from sale of short-term investments
99,435
-
-
-
Net cash used in investing activities
-7,114,037
-7,252,078
-3,094,719
-4,959,877
Proceeds from sale of common stock under public offerings
2,946,749
5,298,581
4,406,014
2,202,248
Issuance costs paid related to sale of stock under public offerings-Common Stock
3,408
6,369
25,072
-
Proceeds from sale of preferred stock under public offerings
5,465,009
2,069,957
1,147,660
2,940,766
Issuance costs paid related to sale of stock under public offerings-Preferred Stock
11,706
4,543
120,802
-
Issuance costs paid related to sale of preferred stock under public offerings
-
-
-
50,487
Issuance costs paid related to sale of common stock under public offerings
-
-
-
2,548
Dividends paid on preferred stock
399,648
229,527
183,445
139,780
Proceeds from exercise of stock options
4,935
15,438
5,415
14,870
Issuance costs paid for convertible senior notes-Convertible Debt
-
-
-
278
Proceeds from sales under employee stock purchase plan
1
3,046
5,435
-
Repayment of convertible notes
1,378,649
0
0
0
Other financing outflows
-150
-149
-
-
Proceeds from convertible senior notes
0
0
0
0
Issuance costs paid for convertible senior notes
0
0
15,178
-
Repayments of secured debt and third-party extinguishment costs
-
-
0
0
Payments to settle conversions and redemption of convertible senior notes
0
-
-
-
Proceeds from sales under employee stock purchase plan-Employee Stock Purchase Program
-
-
-
2,732
Proceeds from other long-term secured debt, net of lender fees
0
-
10,000
5,000
Payment of withholding tax on vesting of restricted stock units
-
-
0
0
Principal payments of other long-term secured debt
0
-
146
141
Net cash provided by financing activities
6,623,133
7,146,434
5,366,685
4,972,382
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash
-518
-2,443
-3,193
-127
Net (decrease) increase in cash, cash equivalents, and restricted cash
-495,561
-94,098
2,247,144
4,068
Cash, cash equivalents, and restricted cash, beginning of period
2,209,245
2,303,343
62,258
62,258
Cash, cash equivalents, and restricted cash, end of period
1,713,684
2,209,245
2,303,344
56,200
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.

Cash Flow

Proceeds from sale ofpreferred stock under...$5,465,009K (239.28%↑ Y/Y)Proceeds from sale ofcommon stock under...$2,946,749K (-43.94%↓ Y/Y)Proceeds from exercise ofstock options$4,935K (-60.36%↓ Y/Y)Proceeds from sales underemployee stock purchase...$1K Net cash provided byfinancing activities$6,623,133K (-2.75%↓ Y/Y)Canceled cashflow$1,793,561K Net (decrease)increase in cash, cash...-$495,561K (-4793.95%↓ Y/Y)Canceled cashflow$6,623,133K Proceeds from sale ofshort-term investments$99,435K Proceeds from sale ofdigital assets$41,038K Unrealized loss (gain) ondigital assets-$22,770,844K Share-based compensationexpense$14,268K (-9.36%↓ Y/Y)Depreciation andamortization$12,355K (35.50%↑ Y/Y)Prepaid expenses andother current assets-$7,275K (-188.78%↓ Y/Y)Amortization of issuancecosts on long-term...$6,121K (-4.31%↓ Y/Y)Accounts receivable-$4,241K (4.05%↑ Y/Y)Reduction in carryingamount of right-of-use...$1,661K (-27.34%↓ Y/Y)Deposits and other assets-$1,087K (-219.45%↓ Y/Y)Repayment of convertiblenotes$1,378,649K Dividends paid onpreferred stock$399,648K (716.37%↑ Y/Y)Issuance costs paidrelated to sale of stock...$11,706K Issuance costs paidrelated to sale of stock...$3,408K Other financingoutflows-$150K Bitcoin Segment$113,916K Net cash used ininvesting activities-$7,114,037K (-4.81%↓ Y/Y)Canceled cashflow$140,473K Net cash provided by(used in) operating...-$4,139K (88.14%↑ Y/Y)Effect of foreignexchange rate changes on...-$518K (-126.83%↓ Y/Y)Canceled cashflow$22,817,852K something is missing$14,455,479K Total revenues$122,368K Gain on debtextinguishment$113,916K Purchases of digitalassets$6,420,975K (-5.14%↓ Y/Y)Purchases of short-terminvestments$831,768K Purchases of property andequipment$1,767K (-15.62%↓ Y/Y)something is missing-$14,455,479K Net (loss) income-$8,219,628K Gain on debtextinguishment$113,916K Deferred revenue andadvance payments-$18,224K (-5.99%↓ Y/Y)Accounts payable andaccrued expenses-$6,572K (-261.30%↓ Y/Y)Other$3,897K Accrued compensationand employee...-$2,035K (-192.58%↓ Y/Y)Operating leaseliabilities and long-term...-$1,749K Accrued interest-$351K (-0.29%↓ Y/Y)Deferred taxes-$140K (-100.00%↓ Y/Y)Canceled cashflow$14,691,763K something is missing-$22,552K something is missing-$23,059K something is missing-$11,282K something is missing-$6,141K something is missing-$3,908K Unrealized loss (gain) ondigital assets-$22,770,844K Sales and marketing$30,227K General andadministrative$25,001K Cloud$23,070K Technology$21,245K Share-based compensationexpense$14,268K (-9.36%↓ Y/Y)Consulting$11,876K Maintenance$5,429K Digital asset custodyfees$4,241K Income tax benefit(expense)$1,558K Payroll taxes on equityaward exercises and...$1,395K Interest income(expense), net-$1,250K Other segment items$987K Canceled cashflow$22,552K Canceled cashflow$23,059K Canceled cashflow$11,282K Canceled cashflow$6,141K Canceled cashflow$3,908K Bitcoin Segment-$22,770,844K Software Segment$45,622K Software Segment$44,304K Software Segment$23,158K Software Segment$11,570K Bitcoin Segment$8,149K