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MSTRStrategy Inc

Shares Outstanding: 333.91M

The shares outstanding is 333.91M. It is above its 12-month average by 12.32% (297.28M).

Shares Outstanding

MSTR Shares Outstanding

333.91M

Reported quarterly weighted average share count; no daily interpolation.

+242.62% 5Y
MSTR Shares Outstanding

MSTR Average Shares Outstanding Chart

MSTR Shares Outstanding

MSTR Current vs Average Shares Outstanding Chart

MSTR Shares Outstanding Metrics

SHARES OUTSTANDING

333.91M

SHARES OUTSTANDING AVG TTM

297.28M

SHARES OUTSTANDING AVG 3Y

222.19M

SHARES OUTSTANDING AVG 5Y

178.19M

SHARES OUTSTANDING AVG 10Y

123.31M

SHARES OUTSTANDING AVG 15Y

113.10M

SHARES OUTSTANDING AVG 20Y

114.01M

CURRENT VS TTM AVG

+12.32%

CURRENT VS 3Y AVG

+50.28%

CURRENT VS 5Y AVG

+87.39%

CURRENT VS 10Y AVG

+170.78%

CURRENT VS 15Y AVG

+195.25%

CURRENT VS 20Y AVG

+192.88%

Share Structure

Shares Outstanding

294.00M

Float Shares

N/A

Stock Price

$94.13

Market Cap

$28.0B

Quarterly Shares Outstanding History

PeriodWeighted Average SharesQoQ Change
Q1 2026333.91M+13.58%
Q4 2025294.00M-3.29%
Q3 2025303.99M+2.00%
Q2 2025298.04M+16.21%
Q1 2025256.47M+15.73%
Q4 2024221.61M+12.34%
Q3 2024197.27M+10.45%
Q2 2024178.61M+3.88%
Q1 2024171.94M-6.43%
Q4 2023183.76M+29.22%
Q3 2023142.21M-11.64%
Q2 2023160.95M+10.43%
Q1 2023145.75M+28.01%
Q4 2022113.86M+0.69%
Q3 2022113.08M+0.07%
Q2 2022113.00M+0.10%
Q1 2022112.89M+5.71%
Q4 2021106.79M+6.80%
Q3 202199.99M+2.60%
Q2 202197.46M+1.03%
Q1 202196.47M-2.05%
Q4 202098.49M+2.42%
Q3 202096.16M-1.28%
Q2 202097.41M-2.89%
Q1 2020100.31M-2.62%
Q4 2019103.01M-0.08%
Q3 2019103.09M-0.01%
Q2 2019103.10M-0.17%
Q1 2019103.28M-7.38%
Q4 2018111.51M-3.35%
Q3 2018115.38M+0.39%
Q2 2018114.93M+0.04%
Q1 2018114.88M+0.36%
Q4 2017114.47M-0.45%
Q3 2017114.99M-0.80%
Q2 2017115.92M-0.01%
Q1 2017115.93M+0.30%
Q4 2016115.58M+0.32%
Q3 2016115.21M-0.02%
Q2 2016115.23M+0.38%
Q1 2016114.79M-0.85%
Q4 2015115.77M-0.10%
Q3 2015115.89M+0.69%
Q2 2015115.10M+0.48%
Q1 2015114.55M+0.40%
Q4 2014114.09M+0.96%
Q3 2014113.01M+0.00%
Q2 2014113.01M+0.00%
Q1 2014113.01M+0.00%
Q4 2013113.01M+0.00%
Q3 2013113.01M+0.00%
Q2 2013113.01M+0.05%
Q1 2013112.95M+0.12%
Q4 2012112.81M+0.75%
Q3 2012111.97M+0.68%
Q2 2012111.21M+0.26%
Q1 2012110.92M+0.13%
Q4 2011110.78M+0.05%
Q3 2011110.72M+0.04%
Q2 2011110.68M+0.21%
Q1 2011110.45M+3.50%
Q4 2010106.71M-8.03%
Q3 2010116.03M-3.54%
Q2 2010120.29M-2.23%
Q1 2010123.03M+3.47%
Q4 2009118.90M-3.42%
Q3 2009123.11M+0.45%
Q2 2009122.56M+0.30%
Q1 2009122.19M+2.77%
Q4 2008118.90M-3.38%
Q3 2008123.06M-0.15%
Q2 2008123.24M-0.46%
Q1 2008123.81M+3.81%
Q4 2007119.27M-6.61%
Q3 2007127.71M-1.31%
Q2 2007129.40M-1.66%
Q1 2007131.59M+4.71%
Q4 2006125.67M-5.69%
Q3 2006133.25M-2.58%
Q2 2006136.78M-4.38%
Q1 2006143.04M+5.42%
Q4 2005135.68M-5.50%
Q3 2005143.57M-8.94%
Q2 2005157.67M-7.06%
Q1 2005169.65M+4.57%
Q4 2004162.24M-4.02%
Q3 2004169.03M-1.31%
Q2 2004171.28M-0.72%
Q1 2004172.53M+7.76%
Q4 2003160.10M+4.24%
Q3 2003153.59M+2.80%
Q2 2003149.40M+6.29%
Q1 2003140.56M+1.94%
Q4 2002137.88M+9.18%
Q3 2002126.29M+3.05%
Q2 2002122.56M-

Relationship: Market Cap = Shares Outstanding × Stock Price

Key concepts:

  • Float shares: Shares available for public trading
  • Dilution: When new shares are issued, existing shareholders own less
  • Buybacks: Reduce share count, increasing EPS and ownership stake
  • Stock splits: Increase share count but don't change market cap

Shares Outstanding Formula & Definition

Shares Outstanding represents the reported weighted average share count used for per-share metrics. Changes in share count affect EPS and ownership dilution.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Shares Outstanding FAQ

What is the shares outstanding for Strategy Inc (MSTR)?
The shares outstanding for MSTR stock is 333.91M.
What is the TTM average shares outstanding for Strategy Inc (MSTR)?
The TTM average shares outstanding for MSTR stock is 297.28M.
What is the 3Y average shares outstanding for Strategy Inc (MSTR)?
The 3Y average shares outstanding for MSTR stock is 222.19M.
What is the 5Y average shares outstanding for Strategy Inc (MSTR)?
The 5Y average shares outstanding for MSTR stock is 178.19M.
What is the 10Y average shares outstanding for Strategy Inc (MSTR)?
The 10Y average shares outstanding for MSTR stock is 123.31M.
What is the 15Y average shares outstanding for Strategy Inc (MSTR)?
The 15Y average shares outstanding for MSTR stock is 113.10M.
What is the 20Y average shares outstanding for Strategy Inc (MSTR)?
The 20Y average shares outstanding for MSTR stock is 114.01M.

MSTR Shares Outstanding History

DATESHARES OUTSTANDING
2026-03-31333.91M
2025-12-31294.00M
2025-09-30303.99M
2025-06-30298.04M
2025-03-31256.47M
2024-12-31221.61M
2024-09-30197.27M
2024-06-30178.61M
2024-03-31171.94M
2023-12-31183.76M
2023-09-30142.21M
2023-06-30160.95M
2023-03-31145.75M
2022-12-31113.86M
2022-09-30113.08M
2022-06-30113.00M
2022-03-31112.89M
2021-12-31106.79M
2021-09-3099.99M
2021-06-3097.46M
2021-03-3196.47M
2020-12-3198.49M
2020-09-3096.16M
2020-06-3097.41M
2020-03-31100.31M
2019-12-31103.01M
2019-09-30103.09M
2019-06-30103.10M
2019-03-31103.28M
2018-12-31111.51M
2018-09-30115.38M
2018-06-30114.93M
2018-03-31114.88M
2017-12-31114.47M
2017-09-30114.99M
2017-06-30115.92M
2017-03-31115.93M
2016-12-31115.58M
2016-09-30115.21M
2016-06-30115.23M
2016-03-31114.79M
2015-12-31115.77M
2015-09-30115.89M
2015-06-30115.10M
2015-03-31114.55M
2014-12-31114.09M
2014-09-30113.01M
2014-06-30113.01M
2014-03-31113.01M
2013-12-31113.01M
2013-09-30113.01M
2013-06-30113.01M
2013-03-31112.95M
2012-12-31112.81M
2012-09-30111.97M
2012-06-30111.21M
2012-03-31110.92M
2011-12-31110.78M
2011-09-30110.72M
2011-06-30110.68M
2011-03-31110.45M
2010-12-31106.71M
2010-09-30116.03M
2010-06-30120.29M
2010-03-31123.03M
2009-12-31118.90M
2009-09-30123.11M
2009-06-30122.56M
2009-03-31122.19M
2008-12-31118.90M
2008-09-30123.06M
2008-06-30123.24M
2008-03-31123.81M
2007-12-31119.27M
2007-09-30127.71M
2007-06-30129.40M
2007-03-31131.59M
2006-12-31125.67M
2006-09-30133.25M
2006-06-30136.78M
2006-03-31143.04M
2005-12-31135.68M
2005-09-30143.57M
2005-06-30157.67M
2005-03-31169.65M
2004-12-31162.24M
2004-09-30169.03M
2004-06-30171.28M
2004-03-31172.53M
2003-12-31160.10M
2003-09-30153.59M
2003-06-30149.40M
2003-03-31140.56M
2002-12-31137.88M
2002-09-30126.29M
2002-06-30122.56M

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.

Tysons Corner, VA
1,539 employees
Technology / Software - Application
Sector
Technology
Industry
Software - Application
CEO
Phong Le