Strategy Inc 10.00% Series A Perpetual Stride Preferred Stock (STRD)

FairStock Score: 42/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach this preferred issue as a claim on a Bitcoin treasury and software business, not as a conventional tech stock. The operating software side is small: in fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $122.4M, versus $114.5M in fiscal Q2 2025, the quarter ended 2025-06-30. But net income was -$8.2B, or -$24.45 per diluted share, after -$12.5B in fiscal Q1 2026, the quarter ended 2026-03-31. For FY2025, the year ended 2025-12-31, revenue was $477.2M and net income was -$3.8B. These swings show reported results are dominated by Bitcoin-related fair-value moves, not steady software profits.

In plain English: Strategy Inc is a software company that also runs a Bitcoin treasury business and sells securities tied to Bitcoin. The business looks weak: in fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $122.4M and net income was -$8.2B. The preferred stock trades at $73.27 as of 2026-10-13 and yields 13.65%; it sells below accounting book value, but the huge losses make the low price look risky rather than clearly cheap.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer