---
title: Strategy (MSTR) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/mstr
ticker: MSTR
as_of: 2026-10-17
sector: Technology
industry: Software - Application
---
# Strategy (MSTR)

Strategy (MSTR) closed at $136.83 on Oct 16, 2026; the valuation models produced no usable figure for this snapshot.

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $136.83 (Oct 16, 2026) |
| Model value (median of the weighted models) | none — out of range |
| Price vs model | — |
| Range across the models | $0.00 – $0.00 |
| Market value | $55.1B |
| P/E (fiscal 2025) | — |
| Net margin (fiscal 2025) | -844.8% |
| Free cash flow (fiscal 2025) | -$75.5M |
| Dividend yield (trailing twelve months) | 0.00% |
| Beta | 3.57 |
| Cost of capital (WACC) | 12.10% |
| Business classification | Loss-Making (Revenue declining (~-2% recent), Currently unprofitable, Highly cyclical earnings, Negative free cash flow) |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is the median of the primary and cross-check models; sanity checks are shown, not weighted. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| DCF · Perpetuity growth · 5y | primary | $0.00 | $0.00 | $0.00 |
| DCF · Perpetuity growth · 10y | cross check | $0.00 | $0.00 | $0.00 |
| DCF · EBITDA exit · 5y | cross check | $0.00 | $0.00 | $0.00 |
| DCF · EBITDA exit · 10y | cross check | $0.00 | $0.00 | $0.00 |
| EV/EBITDA · peers | cross check | $0.00 | $0.00 | $0.00 |
| EV/Revenue · peers | cross check | $0.00 | $0.00 | $0.00 |
| Earnings power value | cross check | $0.00 | $0.00 | $0.00 |
| Dividend discount | cross check | $0.00 | $0.00 | $0.00 |

## Insider activity (SEC Form 4)

Past 90 days: 0 open-market buys ($0) and 19 open-market sales ($1.8M); 10b5-1 plan sales included.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Oct 9, 2026 | Patten Jarrod M | Director | Option/RSU exercise | 1,350 | $0 |
| Oct 8, 2026 | Patten Jarrod M | Director | Option/RSU exercise | 1,400 | $0 |
| Oct 9, 2026 | Patten Jarrod M | Director | Open-market sell | 450 | $71,100 |
| Oct 9, 2026 | Patten Jarrod M | Director | Open-market sell | 450 | $70,200 |
| Oct 9, 2026 | Patten Jarrod M | Director | Open-market sell | 450 | $69,511.5 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Oct 16, 2026 | DEFA14A | Additional proxy materials | https://www.sec.gov/Archives/edgar/data/1050446/000119312526424291/mstr-20261016.htm |
| Oct 16, 2026 | DEFA14A | Additional proxy materials | https://www.sec.gov/Archives/edgar/data/1050446/000119312526423429/mstr-20261016.htm |
| Oct 16, 2026 | 8-K | 7.01 Regulation FD Disclosure; 8.01 Other Events | https://www.sec.gov/Archives/edgar/data/1050446/000119312526423400/mstr-20261015.htm |
| Oct 15, 2026 | DEFA14A | Additional proxy materials | https://www.sec.gov/Archives/edgar/data/1050446/000119312526423048/mstr-20261015.htm |
| Oct 14, 2026 | DEFA14A | Additional proxy materials | https://www.sec.gov/Archives/edgar/data/1050446/000119312526421827/mstr-20261014.htm |

## Superinvestors holding it (latest 13F)

| Manager | Quarter | Shares | Value |
| --- | --- | ---: | ---: |
| Bill Miller | 2026-06-30 | 50,203 | $4.4M |
| Bridgewater | 2026-06-30 | 5,568 | $484,026 |

2 tracked managers in all.

## About

Strategy Inc, together with its subsidiaries, operates as a bitcoin treasury company in the United States, Europe, the Middle East, Africa, and internationally. It offers investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed income instruments. The company also provides AI-powered enterprise analytics software, including Strategy One, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making. In addition, the company provides Strategy Mosaic, a universal intelligence layer that offers enterprises with consistent definitions and governance across data sources, regardless of where that data resides or which tools access it. The company was formerly known as MicroStrategy Incorporated and changed its name to Strategy Inc in August 2025. The company was incorporate…

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Source: https://sweetvaluelab.com/stocks/mstr (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.