Shares Outstanding: 333.91M
The shares outstanding is 333.91M. It is above its 12-month average by 12.32% (297.28M).
MSTR Shares Outstanding
Reported quarterly weighted average share count; no daily interpolation.
MSTR Average Shares Outstanding Chart
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
| Period | Weighted Average Shares | QoQ Change |
|---|---|---|
| Q1 2026 | 333.91M | +13.58% |
| Q4 2025 | 294.00M | -3.29% |
| Q3 2025 | 303.99M | +2.00% |
| Q2 2025 | 298.04M | +16.21% |
| Q1 2025 | 256.47M | +15.73% |
| Q4 2024 | 221.61M | +12.34% |
| Q3 2024 | 197.27M | +10.45% |
| Q2 2024 | 178.61M | +3.88% |
| Q1 2024 | 171.94M | -6.43% |
| Q4 2023 | 183.76M | +29.22% |
| Q3 2023 | 142.21M | -11.64% |
| Q2 2023 | 160.95M | +10.43% |
| Q1 2023 | 145.75M | +28.01% |
| Q4 2022 | 113.86M | +0.69% |
| Q3 2022 | 113.08M | +0.07% |
| Q2 2022 | 113.00M | +0.10% |
| Q1 2022 | 112.89M | +5.71% |
| Q4 2021 | 106.79M | +6.80% |
| Q3 2021 | 99.99M | +2.60% |
| Q2 2021 | 97.46M | +1.03% |
| Q1 2021 | 96.47M | -2.05% |
| Q4 2020 | 98.49M | +2.42% |
| Q3 2020 | 96.16M | -1.28% |
| Q2 2020 | 97.41M | -2.89% |
| Q1 2020 | 100.31M | -2.62% |
| Q4 2019 | 103.01M | -0.08% |
| Q3 2019 | 103.09M | -0.01% |
| Q2 2019 | 103.10M | -0.17% |
| Q1 2019 | 103.28M | -7.38% |
| Q4 2018 | 111.51M | -3.35% |
| Q3 2018 | 115.38M | +0.39% |
| Q2 2018 | 114.93M | +0.04% |
| Q1 2018 | 114.88M | +0.36% |
| Q4 2017 | 114.47M | -0.45% |
| Q3 2017 | 114.99M | -0.80% |
| Q2 2017 | 115.92M | -0.01% |
| Q1 2017 | 115.93M | +0.30% |
| Q4 2016 | 115.58M | +0.32% |
| Q3 2016 | 115.21M | -0.02% |
| Q2 2016 | 115.23M | +0.38% |
| Q1 2016 | 114.79M | -0.85% |
| Q4 2015 | 115.77M | -0.10% |
| Q3 2015 | 115.89M | +0.69% |
| Q2 2015 | 115.10M | +0.48% |
| Q1 2015 | 114.55M | +0.40% |
| Q4 2014 | 114.09M | +0.96% |
| Q3 2014 | 113.01M | +0.00% |
| Q2 2014 | 113.01M | +0.00% |
| Q1 2014 | 113.01M | +0.00% |
| Q4 2013 | 113.01M | +0.00% |
| Q3 2013 | 113.01M | +0.00% |
| Q2 2013 | 113.01M | +0.05% |
| Q1 2013 | 112.95M | +0.12% |
| Q4 2012 | 112.81M | +0.75% |
| Q3 2012 | 111.97M | +0.68% |
| Q2 2012 | 111.21M | +0.26% |
| Q1 2012 | 110.92M | +0.13% |
| Q4 2011 | 110.78M | +0.05% |
| Q3 2011 | 110.72M | +0.04% |
| Q2 2011 | 110.68M | +0.21% |
| Q1 2011 | 110.45M | +3.50% |
| Q4 2010 | 106.71M | -8.03% |
| Q3 2010 | 116.03M | -3.54% |
| Q2 2010 | 120.29M | -2.23% |
| Q1 2010 | 123.03M | +3.47% |
| Q4 2009 | 118.90M | -3.42% |
| Q3 2009 | 123.11M | +0.45% |
| Q2 2009 | 122.56M | +0.30% |
| Q1 2009 | 122.19M | +2.77% |
| Q4 2008 | 118.90M | -3.38% |
| Q3 2008 | 123.06M | -0.15% |
| Q2 2008 | 123.24M | -0.46% |
| Q1 2008 | 123.81M | +3.81% |
| Q4 2007 | 119.27M | -6.61% |
| Q3 2007 | 127.71M | -1.31% |
| Q2 2007 | 129.40M | -1.66% |
| Q1 2007 | 131.59M | +4.71% |
| Q4 2006 | 125.67M | -5.69% |
| Q3 2006 | 133.25M | -2.58% |
| Q2 2006 | 136.78M | -4.38% |
| Q1 2006 | 143.04M | +5.42% |
| Q4 2005 | 135.68M | -5.50% |
| Q3 2005 | 143.57M | -8.94% |
| Q2 2005 | 157.67M | -7.06% |
| Q1 2005 | 169.65M | +4.57% |
| Q4 2004 | 162.24M | -4.02% |
| Q3 2004 | 169.03M | -1.31% |
| Q2 2004 | 171.28M | -0.72% |
| Q1 2004 | 172.53M | +7.76% |
| Q4 2003 | 160.10M | +4.24% |
| Q3 2003 | 153.59M | +2.80% |
| Q2 2003 | 149.40M | +6.29% |
| Q1 2003 | 140.56M | +1.94% |
| Q4 2002 | 137.88M | +9.18% |
| Q3 2002 | 126.29M | +3.05% |
| Q2 2002 | 122.56M | - |
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
| DATE | SHARES OUTSTANDING |
|---|---|
| 2026-03-31 | 333.91M |
| 2025-12-31 | 294.00M |
| 2025-09-30 | 303.99M |
| 2025-06-30 | 298.04M |
| 2025-03-31 | 256.47M |
| 2024-12-31 | 221.61M |
| 2024-09-30 | 197.27M |
| 2024-06-30 | 178.61M |
| 2024-03-31 | 171.94M |
| 2023-12-31 | 183.76M |
| 2023-09-30 | 142.21M |
| 2023-06-30 | 160.95M |
| 2023-03-31 | 145.75M |
| 2022-12-31 | 113.86M |
| 2022-09-30 | 113.08M |
| 2022-06-30 | 113.00M |
| 2022-03-31 | 112.89M |
| 2021-12-31 | 106.79M |
| 2021-09-30 | 99.99M |
| 2021-06-30 | 97.46M |
| 2021-03-31 | 96.47M |
| 2020-12-31 | 98.49M |
| 2020-09-30 | 96.16M |
| 2020-06-30 | 97.41M |
| 2020-03-31 | 100.31M |
| 2019-12-31 | 103.01M |
| 2019-09-30 | 103.09M |
| 2019-06-30 | 103.10M |
| 2019-03-31 | 103.28M |
| 2018-12-31 | 111.51M |
| 2018-09-30 | 115.38M |
| 2018-06-30 | 114.93M |
| 2018-03-31 | 114.88M |
| 2017-12-31 | 114.47M |
| 2017-09-30 | 114.99M |
| 2017-06-30 | 115.92M |
| 2017-03-31 | 115.93M |
| 2016-12-31 | 115.58M |
| 2016-09-30 | 115.21M |
| 2016-06-30 | 115.23M |
| 2016-03-31 | 114.79M |
| 2015-12-31 | 115.77M |
| 2015-09-30 | 115.89M |
| 2015-06-30 | 115.10M |
| 2015-03-31 | 114.55M |
| 2014-12-31 | 114.09M |
| 2014-09-30 | 113.01M |
| 2014-06-30 | 113.01M |
| 2014-03-31 | 113.01M |
| 2013-12-31 | 113.01M |
| 2013-09-30 | 113.01M |
| 2013-06-30 | 113.01M |
| 2013-03-31 | 112.95M |
| 2012-12-31 | 112.81M |
| 2012-09-30 | 111.97M |
| 2012-06-30 | 111.21M |
| 2012-03-31 | 110.92M |
| 2011-12-31 | 110.78M |
| 2011-09-30 | 110.72M |
| 2011-06-30 | 110.68M |
| 2011-03-31 | 110.45M |
| 2010-12-31 | 106.71M |
| 2010-09-30 | 116.03M |
| 2010-06-30 | 120.29M |
| 2010-03-31 | 123.03M |
| 2009-12-31 | 118.90M |
| 2009-09-30 | 123.11M |
| 2009-06-30 | 122.56M |
| 2009-03-31 | 122.19M |
| 2008-12-31 | 118.90M |
| 2008-09-30 | 123.06M |
| 2008-06-30 | 123.24M |
| 2008-03-31 | 123.81M |
| 2007-12-31 | 119.27M |
| 2007-09-30 | 127.71M |
| 2007-06-30 | 129.40M |
| 2007-03-31 | 131.59M |
| 2006-12-31 | 125.67M |
| 2006-09-30 | 133.25M |
| 2006-06-30 | 136.78M |
| 2006-03-31 | 143.04M |
| 2005-12-31 | 135.68M |
| 2005-09-30 | 143.57M |
| 2005-06-30 | 157.67M |
| 2005-03-31 | 169.65M |
| 2004-12-31 | 162.24M |
| 2004-09-30 | 169.03M |
| 2004-06-30 | 171.28M |
| 2004-03-31 | 172.53M |
| 2003-12-31 | 160.10M |
| 2003-09-30 | 153.59M |
| 2003-06-30 | 149.40M |
| 2003-03-31 | 140.56M |
| 2002-12-31 | 137.88M |
| 2002-09-30 | 126.29M |
| 2002-06-30 | 122.56M |
Related Metrics
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