Capital Expenditures
The latest quarterly capex is $-952,000 with a quarter-over-quarter change of +99.97%. Capital Expenditures (CapEx) represents spending on physical assets like property, plant, equipment, and technology infrastructure. It's the investment in the company's future productive capacity.
MSTR CapEx
Reported quarterly capital expenditures; no daily interpolation.
Current CapEx
$-952,000
$-952,000
Quarter-over-Quarter Change
+99.97%
vs. $-3.09B prior quarter
Historical Data
96
Quarters of data available
Quarterly CapEx History
| Period | CapEx | QoQ Change | % Change |
|---|---|---|---|
| Q1 2026 | $-952,000 | +$3.09B | +99.97% |
| Q4 2025 | $-3.09B | $-17.55B | -121.41% |
| Q3 2025 | $14.46B | +$21.24B | +313.01% |
| Q2 2025 | $-6.79B | +$883.10M | +11.51% |
| Q1 2025 | $-7.67B | +$10.40B | +57.56% |
| Q4 2024 | $-18.08B | $-16.50B | -1047.28% |
| Q3 2024 | $-1.58B | $-780.95M | -98.29% |
| Q2 2024 | $-794.55M | +$846.30M | +51.58% |
| Q1 2024 | $-1.64B | $-426.17M | -35.08% |
| Q4 2023 | $-1.21B | $-1.05B | -644.59% |
| Q3 2023 | $-163.13M | +$184.51M | +53.07% |
| Q2 2023 | $-347.64M | $-167.87M | -93.38% |
| Q1 2023 | $-179.77M | $-122.70M | -214.96% |
| Q4 2022 | $-57.08M | $-50.77M | -804.56% |
| Q3 2022 | $-6.31M | +$4.57M | +41.99% |
| Q2 2022 | $-10.88M | +$205.26M | +94.97% |
| Q1 2022 | $-216.14M | +$375.74M | +63.48% |
| Q4 2021 | $-591.88M | $-171.48M | -40.79% |
| Q3 2021 | $-420.40M | +$109.72M | +20.70% |
| Q2 2021 | $-530.13M | +$556.70M | +51.22% |
| Q1 2021 | $-1.09B | $-384.33M | -54.71% |
| Q4 2020 | $-702.49M | $-277.49M | -65.29% |
| Q3 2020 | $-425.00M | $-424.50M | -84730.34% |
| Q2 2020 | $-501,000 | +$160,000 | +24.21% |
| Q1 2020 | $-661,000 | +$139,000 | +17.38% |
| Q4 2019 | $-800,000 | +$150,000 | +15.79% |
| Q3 2019 | $-950,000 | +$1.47M | +60.76% |
| Q2 2019 | $-2.42M | +$3.59M | +59.72% |
| Q1 2019 | $-6.01M | $-3.62M | -151.61% |
| Q4 2018 | $-2.39M | $-576,000 | -31.77% |
| Q3 2018 | $-1.81M | $-463,000 | -34.30% |
| Q2 2018 | $-1.35M | $-56,000 | -4.33% |
| Q1 2018 | $-1.29M | +$406,000 | +23.88% |
| Q4 2017 | $-1.70M | $-885,000 | -108.59% |
| Q3 2017 | $-815,000 | $-168,000 | -25.97% |
| Q2 2017 | $-647,000 | +$173,000 | +21.10% |
| Q1 2017 | $-820,000 | $-43,000 | -5.53% |
| Q4 2016 | $-777,000 | $-152,000 | -24.32% |
| Q3 2016 | $-625,000 | +$117,000 | +15.77% |
| Q2 2016 | $-742,000 | $-549,000 | -284.46% |
| Q1 2016 | $-193,000 | $-61,000 | -46.21% |
| Q4 2015 | $-132,000 | $-34,000 | -34.69% |
| Q3 2015 | $-98,000 | +$5.87M | +98.36% |
| Q2 2015 | $-5.96M | +$926,000 | +13.44% |
| Q1 2015 | $-6.89M | $-203,000 | -3.04% |
| Q4 2014 | $-6.69M | +$3.24M | +32.64% |
| Q3 2014 | $-9.93M | $-7.42M | -295.77% |
| Q2 2014 | $-2.51M | $-832,000 | -49.64% |
| Q1 2014 | $-1.68M | $-629,000 | -60.08% |
| Q4 2013 | $-1.05M | +$3.73M | +78.08% |
| Q3 2013 | $-4.78M | +$384,000 | +7.44% |
| Q2 2013 | $-5.16M | +$337,000 | +6.13% |
| Q1 2013 | $-5.50M | $-2.39M | -77.04% |
| Q4 2012 | $-3.10M | +$3.61M | +53.77% |
| Q3 2012 | $-6.72M | +$8.71M | +56.47% |
| Q2 2012 | $-15.43M | $-2.54M | -19.73% |
| Q1 2012 | $-12.89M | $-1.35M | -11.75% |
| Q4 2011 | $-11.53M | $-735,000 | -6.81% |
| Q3 2011 | $-10.80M | +$5.34M | +33.09% |
| Q2 2011 | $-16.14M | $-8.03M | -99.16% |
| Q1 2011 | $-8.10M | $-3.63M | -81.17% |
| Q4 2010 | $-4.47M | +$3.04M | +40.45% |
| Q3 2010 | $-7.51M | $-2.43M | -47.81% |
| Q2 2010 | $-5.08M | $-3.67M | -260.10% |
| Q1 2010 | $-1.41M | +$14.99M | +91.40% |
| Q4 2009 | $-16.41M | $-15.91M | -3194.18% |
| Q3 2009 | $-498,000 | $-267,000 | -115.58% |
| Q2 2009 | $-231,000 | +$5.12M | +95.68% |
| Q1 2009 | $-5.35M | +$27.34M | +83.64% |
| Q4 2008 | $-32.69M | $-26.27M | -409.38% |
| Q3 2008 | $-6.42M | $-2.25M | -53.80% |
| Q2 2008 | $-4.17M | $-3.71M | -809.15% |
| Q1 2008 | $-459,000 | +$149,000 | +24.51% |
| Q4 2007 | $-608,000 | +$2.87M | +82.53% |
| Q3 2007 | $-3.48M | $-2.42M | -228.71% |
| Q2 2007 | $-1.06M | +$7.37M | +87.44% |
| Q1 2007 | $-8.43M | $-6.29M | -294.80% |
| Q4 2006 | $-2.13M | $-1.09M | -103.53% |
| Q3 2006 | $-1.05M | $-193,000 | -22.55% |
| Q2 2006 | $-856,000 | $-90,000 | -11.75% |
| Q1 2006 | $-766,000 | $-143,000 | -22.95% |
| Q4 2005 | $-623,000 | $-220,000 | -54.59% |
| Q3 2005 | $-403,000 | $-59,000 | -17.15% |
| Q2 2005 | $-344,000 | +$193,000 | +35.94% |
| Q1 2005 | $-537,000 | +$676,000 | +55.73% |
| Q4 2004 | $-1.21M | +$30,000 | +2.41% |
| Q3 2004 | $-1.24M | $-69,000 | -5.88% |
| Q2 2004 | $-1.17M | +$845,000 | +41.85% |
| Q1 2004 | $-2.02M | $-1.08M | -115.02% |
| Q4 2003 | $-939,000 | +$354,000 | +27.38% |
| Q3 2003 | $-1.29M | $-28,000 | -2.21% |
| Q2 2003 | $-1.26M | $-583,000 | -85.48% |
| Q1 2003 | $-682,000 | +$2.86M | +80.76% |
| Q4 2002 | $-3.54M | $-3.54M | — |
| Q3 2002 | $0 | +$204,000 | +100.00% |
| Q2 2002 | $-204,000 | — | — |
About Strategy Inc
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 incorporated in 1989 and is headquartered in Tysons Corner, Virginia.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Phong Le