STRF

TYSONS CORNER, Va.--(BUSINESS WIRE)--Strategy Inc (Nasdaq: STRF/STRC/STRK/STRD/MSTR; LuxSE: STRE) (“Strategy” or the “Company”), the largest institutional holder of bitcoin and the world's first Bitcoin Treasury Company, today announces financial results for the three-month period ended September 30, 2026 (the third quarter of its 2026 fiscal year). “Strategy demonstrated its commitment to returning STRC to health. We grew our USD Assets to $5.1 billion, increased USD Duration to 3.4 years, and.

Strategy (MSTR) is shifting its preferreds—STRK, STRF, STRD, STRC—to daily dividends, aiming to mask volatility and adapt to rising rates. STRK stands out as the only Buy, offering seniority, capital protection, and BTC upside, while STRC provides higher current yield but greater risk. STRC's heavy issuance increased MSTR's leverage, raising solvency concerns and prompting buybacks funded by BTC sales.

TYSONS CORNER, Va., and RESTON, Va.

TYSONS CORNER, Va.--(BUSINESS WIRE)--Strategy Inc (Nasdaq: STRF/STRC/STRK/STRD/MSTR; LuxSE: STRE) (“Strategy” or the “Company”), the largest institutional holder of bitcoin and the world's first Bitcoin Treasury Company, today announces financial results for the three-month period ended June 30, 2026 (the second quarter of its 2026 fiscal year). “In the second quarter of 2026, Strategy strengthened its balance sheet while navigating a meaningful bitcoin price decline. We grew our bitcoin holdin.

TYSONS CORNER, Va.--(BUSINESS WIRE)--Strategy Inc (Nasdaq: STRF/STRC/STRK/STRD/MSTR; LuxSE: STRE) (“Strategy” or the “Company”) today announced that it repurchased 288,930 shares of its Variable Rate Series A Perpetual Stretch Preferred Stock (“STRC”), for approximately $25.0 million at an average price of approximately $86.52 per share. These repurchases were effected in open-market transactions during the period from July 20 through July 26, 2026. Approximately $975 million remains available.

TYSONS CORNER, Va.--(BUSINESS WIRE)--Strategy Inc (Nasdaq: STRF/STRC/STRK/STRD/MSTR; LuxSE: STRE), the largest corporate holder of bitcoin and the world's first Bitcoin Treasury Company, today announced it will report its financial results for the second quarter of 2026 after the U.S. financial markets close on Thursday, July 30, 2026, and will host a live Video Webinar at 5:00 p.m. Eastern Time that day to discuss the results. The Video Webinar will be conducted on the Zoom platform. Participa.

TYSONS CORNER, Va.--(BUSINESS WIRE)--Strategy Inc (Nasdaq: STRF/STRC/STRK/STRD/MSTR; LuxSE: STRE) (“Strategy”) today announced that it has adopted a Digital Credit Capital Framework designed to strengthen the Company's various series of preferred securities (collectively, “Digital Credit Securities”), enhance liquidity, preserve long-term Bitcoin exposure, and support long-term value creation for shareholders. The framework includes five components: A Board-Approved USD Reserve policy; A revise.

Strategy faces heightened scrutiny as Bitcoin trades below its $75,656 average buy price, pressuring its financing machine and preferred securities. STRF stands out among the company's four preferreds, offering a fixed 10% coupon, cumulative dividend protection, and top seniority, now yielding 11.5% at a 13% discount to par. STRF's structure provides downside protection and income, with cumulative dividends and escalating missed-payment penalties incentivizing management to prioritize payments.

Among the five preferred series (STRF, STRC, STRK, STRD, STRE), STRF is structurally superior due to its cumulative status and punitive compounding rate (up to 18%). Strategy officially established a USD Reserve on December 1, 2025. This cash is explicitly earmarked to cover dividends for preferred shares like STRF and interest on debt. While the reserve provides a massive cushion, it remains discretionary. Strategy is funding this reserve by selling common stock (ATM program) rather than through business profits.

The collapse of MSTR and its universe of preferred shares has raised existential risks from a Bitcoin dip spiral. MSTR's market-adjusted net asset value has fallen to 0.99x, a level that limits its ability to purchase BTC through issuing new shares. While STRF is cumulative, which limits the risk of a coupon suspension, a BTC negative dip spiral and decline in MSTR's USD reserve coverage to 9.8 months poses a threat.