MSTR MicroStrategy

company

SEC Filings & Insider Trading Activity 2026

Business Overview

• • Core business: dual focus on bitcoin treasury operations and AI-powered enterprise analytics software
• • Introduced five novel Preferred Stock classes ("digital credit") in 2025 providing varied economic exposure to bitcoin and equity
• • Strategic shift: rebranded from MicroStrategy Inc. to Strategy Inc. (Aug 2025) to emphasize identity as first and largest Bitcoin Treasury Company
• • Bitcoin holdings 717,131 BTC acquired at $54.5B cost, market value $68,734 per bitcoin as of Feb 13, 2026; largest corporate holder globally
• • Established $2.25B US dollar reserve in Dec 2025 to support dividend and interest payments on preferred stock and debt obligations

Risk Factors

• • Regulatory risk from adoption of ASC 2023-08 requiring unrealized bitcoin fair value changes recognized in income, causing $5.4B unrealized loss in 2025
• • Macroeconomic risk due to bitcoin market volatility impacting liquidity, with holdings of ~717K bitcoins valued at $49.29B as of Feb 13, 2026
• • Operational risk of increased cloud hosting costs by $32.5M and higher subcontractor expenses raising subscription services cost of revenues by 69% in 2025
• • Competitive risk from customer migration from on-premises to cloud subscription services leading to 18.3% decline in product license revenues in 2025
• • Financial risk from substantial convertible notes maturing 2028-2032 totaling $8.22B principal and $64.97M interest expense in 2025, with put options triggering potential large cash outflows

Management Discussion & Analysis

• • Revenue driven primarily by bitcoin capital market activities and enterprise analytics software; net proceeds from equity offerings $23.17B in 2025 vs $16.33B in 2024
• • Bitcoin unrealized loss $5.40B in 2025 with deferred tax benefit $1.55B; carrying value of bitcoin $58.85B vs $23.91B at end of 2024
• • Best performing segment: Bitcoin holdings fair market value $58.85B with 672,500 bitcoins; Enterprise Analytics segment details excluded from financials
• • Capital allocation: $22.47B spent on bitcoin purchases in 2025, funded by convertible notes and stock sales; USD Reserve cash $2.25B as of Feb 2026
• • Forward outlook: Flexible bitcoin strategy emphasizing financial innovation and capital management; risks include bitcoin market volatility and regulatory landscape

What are the latest MSTR SEC filings in 2026?

MicroStrategy (MSTR) has filed a 10-K annual report on February 19, 2026, a 10-Q quarterly report on May 6, 2026, an 8-K current report on August 3, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did MSTR file its most recent 10-K annual report?

MicroStrategy (MSTR) filed its most recent 10-K annual report on February 19, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view MSTR 10-Q quarterly reports?

MicroStrategy (MSTR)'s most recent 10-Q quarterly report was filed on May 6, 2026. SignalX displays every MSTR 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has MSTR filed recently?

MicroStrategy (MSTR)'s most recent 8-K was filed on August 3, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find MSTR insider trading activity (Form 4)?

SignalX aggregates every MSTR Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.

How often does MSTR file with the SEC?

MicroStrategy (MSTR) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new MSTR filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for MicroStrategy (MSTR).

What is MSTR's SEC CIK number?

MicroStrategy (MSTR)'s SEC CIK (Central Index Key) number is 1050446. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 1050446 to look up all MSTR filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find MSTR return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from MicroStrategy (MSTR) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.