Strategy Raises Equity, Expands Bitcoin Holdings and Dividend

Strategy ( (MSTR) ) has issued an update.

Between January 26 and February 1, 2026, Strategy Inc. reported that it raised approximately $106.1 million in net proceeds through sales of its Class A common stock under its at-the-market offering program, with no sales of its various preferred stock series during that period, while leaving significant remaining capacity for future issuances. Using proceeds from the ATM, the company acquired 855 bitcoin for about $75.3 million at an average price of $87,974 per bitcoin, bringing its total holdings as of February 1, 2026 to 713,502 bitcoin acquired at an aggregate purchase price of roughly $54.26 billion. On January 31, 2026, Strategy increased the annual dividend rate on its Variable Rate Series A Perpetual Stretch Preferred Stock from 11.00% to 11.25%, and on February 2, 2026 it declared a cash dividend of $0.9375 per share for this security for the month ending February 28, 2026, corresponding to the new 11.25% annual rate and expected, as of that date, to be treated as a non-taxable return of capital for U.S. federal income tax purposes to the extent of shareholder tax basis.

The most recent analyst rating on (MSTR) stock is a Hold with a $148.00 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 underlying financial statement quality (negative profitability signals and negative operating/free cash flow) and only neutral-to-soft technicals (negative MACD and trading below key longer-term moving averages). Offsetting factors include a relatively attractive P/E and a strong earnings-call narrative highlighting sharp reported earnings improvement and continued Bitcoin-focused strategic execution, albeit with regulatory and dilution-related risks.

To see Spark’s full report on MSTR stock, click here.

More about Strategy

Strategy Inc. operates as a public company that actively manages its capital markets activities, including at-the-market (ATM) equity offerings and multiple series of preferred stock, and maintains substantial holdings of bitcoin as part of its corporate strategy, with detailed metrics and disclosures provided through a dashboard on its website for investors and the broader market.

Average Trading Volume: 20,010,288

Technical Sentiment Signal: Sell

Current Market Cap: $43.02B

For an in-depth examination of MSTR stock, go to TipRanks’ Overview page.