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Strategy ( (MSTR) ) has issued an announcement.
On February 17, 2026, Strategy Inc. reported activity under its at-the-market offering, disclosing that between February 9 and February 16 it sold 785,354 shares of its 10.00% Series A Perpetual Strife Preferred Stock for $78.5 million in face value, generating $78.4 million in net proceeds, and 660,000 shares of its Class A common stock for $90.5 million in net proceeds. The company said these equity sales left substantial remaining capacity across its various preferred and common stock programs, reinforcing its ability to tap capital markets while continuing to route key operational and financial disclosures, including bitcoin-related data, through its website dashboard.
Strategy also announced that, over the same February 9–16 period, it acquired 2,486 bitcoin at an aggregate purchase price of $168.4 million, or an average of $67,710 per bitcoin, using proceeds from the ATM program. As of February 16, 2026, its total holdings had reached 717,131 bitcoin acquired for approximately $54.52 billion in aggregate, at an average purchase price of $76,027 per bitcoin, underscoring the company’s deepening balance-sheet exposure to bitcoin and the central role of digital assets in its capital allocation strategy.
The most recent analyst rating on (MSTR) stock is a Buy with a $320.00 price target. To see the full list of analyst forecasts on Strategy stock, see the MSTR Stock Forecast page.
Spark’s Take on MSTR Stock
According to Spark, TipRanks’ AI Analyst, MSTR is a Neutral.
The score is held back primarily by weak financial performance (negative profitability and negative operating/free cash flow) and bearish technical trends (price below key moving averages with negative MACD). These are partly offset by supportive valuation (low P/E and positive dividend yield) and a strong earnings-call narrative emphasizing major profitability improvements and execution on its Bitcoin-focused strategy, albeit with noted dilution and regulatory/credit-rating risks.
To see Spark’s full report on MSTR stock, click here.
More about Strategy
Strategy Inc. is a publicly traded company that actively manages a portfolio of bitcoin alongside a range of equity and preferred securities. The firm uses its corporate website as a key disclosure channel, providing real-time data on its securities’ market prices, bitcoin purchases and holdings, and other performance metrics to support transparency for investors and the broader market.
Average Trading Volume: 23,172,476
Technical Sentiment Signal: Sell
Current Market Cap: $38.47B
For detailed information about MSTR stock, go to TipRanks’ Stock Analysis page.

