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MSTR · Strategy Inc
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TEAM-0.32% 13F +439META+2.47% 13F +2,694RCG-2.04% CLUSTERUTHR-4.03% 13F +425CRWV+4.49% 13F +693CRM+2.92% 13F +1,018CVNA-0.98% 13F +794TPL-0.71% 13F +444NET-4.47% 13F +710MSTR-1.35% 13F +526DELL+4.91% 13F +1,203CRWD+5.68% 13F +1,382ANET+1.22% 13F +1,323COIN+10.14% 13F +475TEAM-0.32% 13F +439META+2.47% 13F +2,694RCG-2.04% CLUSTERUTHR-4.03% 13F +425CRWV+4.49% 13F +693CRM+2.92% 13F +1,018CVNA-0.98% 13F +794TPL-0.71% 13F +444NET-4.47% 13F +710MSTR-1.35% 13F +526DELL+4.91% 13F +1,203CRWD+5.68% 13F +1,382ANET+1.22% 13F +1,323COIN+10.14% 13F +475
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MSTR

Strategy Inc
FINANCIAL SERVICES · FINANCE SERVICES · CIK 0001050446
C-SUITE BUYING · 2CONGRESS · 1FORM 144 · 8☆ WATCH
INSIDER NET · 180D
-$28.4M
open-market buys minus sells, Form 4 codes P and S
INSIDER BUYERS · 180D
2
CONGRESS BUYERS · 1Y
1
FUNDS ADDED · QTR
526
13F, latest reported quarter
REVENUE GROWTH
+3.0%
XBRL, annual
NET MARGIN
-806.3%
CONVERSIONS · 180D
57
codes C/M, not in net · $1.3M priced
SEVEN FACTS, RANKED AGAINST THE SECTOR · RANK IS NOT A FORECAST
INSIDERS
net -$28.4M over 180 days
-$2.1M over 90 days
below 89% of Financial Services
CONGRESS
1 member bought in the last year
the lowest in Financial Services
FUNDS
526 funds added or opened last quarter
more than 93% of Financial Services
REVENUE
+3.0% year over year
below 64% of Financial Services
MARGIN
-806.3% net margin
below 93% of Financial Services
BUYBACKS
no share repurchases reported
SHORT
2.2 days to cover · settled 2026-07-31
THE SITUATION · EVERY LINE IS ONE RULE OVER ONE DATASET
Insiders are net sellers: -$28.4M across 4 people in 180 days.
526 funds added or opened positions in the latest 13F quarter, of 965 holders.
1 member of Congress reported buying it this year.
The year, with the filings on it
Total return indexed to 100 over the last 12 months · every marker is a federal filing, placed at its date — hover any marker for the detail
TOTAL 12M RETURN -63.9%
-63.9%12M
-76%-49%-22%+5%2025-092025-102025-122026-032026-052026-072026-09 2025-10-07 · Shao Wei-Ming sold $4.2M2025-10-07 · Shao Wei-Ming sold $3.7M2025-09-18 · Shao Wei-Ming sold $3.6M2025-10-07 · Shao Wei-Ming sold $2.2M2026-06-05 · Le Phong sold $1.9M2026-06-05 · Le Phong sold $1.9M2026-06-05 · Le Phong sold $1.9M2026-06-05 · Le Phong sold $1.5M2026-06-05 · Le Phong sold $1.2M2025-09-15 · Shao Wei-Ming bought $1.2M2025-10-17 · Patten Jarrod M bought $1.2M2025-10-16 · Patten Jarrod M bought $1.2M2026-06-22 · Le Phong bought $998.8K2025-11-10 · Shao Wei-Ming sold $937.8K2026-05-19 · Kang Andrew sold $927.9K2026-05-19 · Kang Andrew sold $835.2K2026-01-12 · RICKERTSEN CARL J bought $779.4K2025-11-11 · Shao Wei-Ming sold $752.6K2026-06-05 · Le Phong sold $720.8K2026-05-29 · Patten Jarrod M sold $687.4K2026-06-05 · Kang Andrew sold $687.3K2026-06-05 · Kang Andrew sold $667.3K2026-06-05 · Kang Andrew sold $658.8K2025-10-07 · Shao Wei-Ming sold $644.4K2026-05-29 · Patten Jarrod M sold $641.2K2026-06-05 · Le Phong sold $639.1K2025-11-13 · Shao Wei-Ming sold $581.5K2026-06-05 · Kang Andrew sold $540.7K2025-11-19 · Shao Wei-Ming sold $525.3K2025-11-14 · Shao Wei-Ming sold $521.2K2025-11-18 · Shao Wei-Ming sold $520.0K2025-11-17 · Shao Wei-Ming sold $520.0K2026-05-28 · Patten Jarrod M sold $473.1K2026-06-05 · Le Phong sold $463.8K2026-06-05 · Le Phong sold $461.8K2026-06-05 · Kang Andrew sold $436.1K2025-11-10 · Shao Wei-Ming sold $391.1K2025-11-11 · Shao Wei-Ming sold $362.6K2026-06-09 · Le Phong sold $356.3K2026-06-09 · Le Phong sold $320.6K2026-05-29 · Patten Jarrod M sold $308.0K2026-05-29 · Patten Jarrod M sold $306.0K2026-08-27 · Patten Jarrod M filed to sell $240.5K2026-08-25 · Patten Jarrod M filed to sell $347.8K2026-08-24 · Patten Jarrod M filed to sell $113.2K2026-08-07 · Patten Jarrod M filed to sell $389.1K2026-07-27 · Patten Jarrod M filed to sell $192.0K2026-07-24 · Patten Jarrod M filed to sell $180.3K2026-07-22 · Patten Jarrod M filed to sell $125.0K2026-06-23 · Patten Jarrod M filed to sell $159.1K
INSIDER BUYINSIDER SELLFORM 144
INDEXED RETURN, DIVIDEND-ADJUSTED — NOT A PRICE CHART · LARGE TRADES DRAWN FIRST WHEN A NAME FILES HEAVILY
Live price
Daily candles from TradingView, on their licence — no filings are marked on this one
WHY THIS NAME IS ON THE DESK
Insiders have filed to sell — before selling.
The record shows a net $28.4M sold by insiders over 180 days, 526 funds added last quarter, 1 Congress member(s) bought in 12 months, $1.7M in planned Form 144 sales. Every figure is a federal filing, dated the day it became public.
Same sector, ranked by filing activity
Sector from the SEC's own SIC classification
Insider transactions
Form 4 purchases and sales (codes P and S) — grants, option exercises and preferred conversions excluded

Over the last 180 days, Strategy Inc insiders sold a net $28.4M of stock across 3,139 Form 4 purchases and sales, with 2 insider(s) buying. Source: SEC Form 4 filings, as of 2026-09-05.

INSIDER
FILED
SHARES
VALUE
Patten Jarrod M
Director
SELL
2026-08-27
925.0
$119.3K
Patten Jarrod M
Director
SELL
2026-08-27
925.0
$121.2K
Patten Jarrod M
Director
SELL
2026-08-25
925.0
$114.7K
Patten Jarrod M
Director
SELL
2026-08-25
925.0
$115.6K
Patten Jarrod M
Director
SELL
2026-08-25
925.0
$117.5K
3,139 TRANSACTIONS ON RECORD

Showing the most recent few. Create a free account to see 3,134 more transactions on record, the cross-source screener and CSV export. We store only your email address, and there is no password to create.

Institutional holders
13F · holdings as of the latest quarter funds have reported
Capital International Investors
36,120,913.0 sh
$3.1B
BlackRock, Inc.
20,134,936.0 sh
$1.7B
VANGUARD PORTFOLIO MANAGEMENT LLC
15,353,408.0 sh
$1.3B
VANGUARD CAPITAL MANAGEMENT LLC
14,938,599.0 sh
$1.3B
MORGAN STANLEY
9,519,214.0 sh
$821.4M
SCHEDULE 13D/G
No 5%+ ownership filings
Nobody has crossed 5% with a filing obligation. Absence is a fact here, not missing data.
Planned sales · Form 144
Filed before the sale — intent, not a trade
Patten Jarrod M
FILED 2026-08-27
$240.5K
Patten Jarrod M
FILED 2026-08-25
$347.8K
Patten Jarrod M
FILED 2026-08-24
$113.2K
Patten Jarrod M
FILED 2026-08-07
$389.1K
Patten Jarrod M
FILED 2026-07-27
$192.0K
Fund concentration
N-PORT · funds ranked by how much of THEMSELVES they put in this stock — the conviction number 13F cannot show
Bitwise Bitcoin Standard Corporations ETF
$3.5M POSITION · AS OF 2026-03-31
20.5%
Bitwise Crypto Industry Innovators ETF
$32.5M POSITION · AS OF 2026-03-31
9.7%
Adaptive Hedged Multi-Asset Income ETF
$3.0M POSITION · AS OF 2026-02-28
6.1%
REX Crypto Equity Premium Income ETF
$5.3M POSITION · AS OF 2026-04-30
5.6%
Yieldmax Crypto Industry & Tech Portfolio Option Income ETF
$6.4M POSITION · AS OF 2026-04-30
5.1%
Yieldmax Ultra Option Income Strategy ETF
$39.7M POSITION · AS OF 2026-04-30
4.6%
SEC N-PORT, MONTHLY WITH A ~60-DAY PUBLIC LAG · FUNDS ≥ $10M · % = SHARE OF THE FUND'S OWN BOOK
Fundamentals
Annual figures from XBRL filings · pick a past date to see them exactly as the market knew them then — restatements and all
2025-122024-122023-122022-12
REVENUE$477.2M$463.5M$496.3M$499.3M
GROSS PROFIT$327.8M$334.0M$386.3M$396.3M
OPERATING INCOME$-5.4B$-1.9B$-115.0M$-1.3B
NET INCOME$-3.8B$-1.2B$429.1M$-1.5B
EPS (DILUTED)-15.23-6.062.64-12.98
OPERATING CASH FLOW$-67.2M$-53.0M$12.7M$3.2M
CASH$2.3B$38.1M$46.8M$43.8M
LONG-TERM DEBT$8.2B$7.2B$2.2B$2.4B
BUYBACKS$0
SEC XBRL · FISCAL-YEAR PERIODS · AS KNOWN ON 2026-09-05 · NOBODY ELSE SHOWS FUNDAMENTALS AS OF A PAST DATE
W WAVEMAN

Public filings, honestly analyzed. Official US government sources in one desk — every figure carries the date it was filed, and the methodology is published, backtest included.

SEC FORM 4FORM 13F 13D/GFORM 144XBRL STOCK ACTCONTRACTSFEC CFPBNRC
© 2026 WAVEMAN · SOURCE: SEC EDGAR & OFFICIAL GOVERNMENT DATA · NOT INVESTMENT ADVICE · CHART BY TRADINGVIEW · UPDATED 2026-09-05 ALL SYSTEMS LIVE FOR MACHINES →