What is the current annual book value of MSTR?

As of today, MSTR annual book value is $44.12B

What is 1-year change in MSTR annual book value?

MSTR annual book value is up +142.04% year-over-year

What is 3-year change in MSTR annual book value?

MSTR annual book value is up +11616.89% over the past 3 years

How far is MSTR annual book value from its all-time high?

MSTR annual book value is currently at its all-time high

How does MSTR annual book value rank versus sector peers?

MSTR annual book value is higher than 98.44% of companies in Technology sector

When is MSTR next annual earnings release?

The next annual earnings release for MSTR is on February 4, 2027

What is the current quarterly book value of MSTR?

As of today, MSTR quarterly book value is $55.44B

What is MSTR quarterly book value most recent change?

MSTR quarterly book value was up +79.50% on September 30, 2026

What is 1-year change in MSTR quarterly book value?

MSTR quarterly book value is up +5.94% year-over-year

How far is MSTR quarterly book value from its all-time high?

MSTR quarterly book value is currently at its all-time high

How does MSTR quarterly book value rank versus sector peers?

MSTR quarterly book value is higher than 98.91% of companies in Technology sector

When is MSTR next earnings release?

The next earnings release for MSTR is on February 4, 2027

Strategy Inc (MSTR) Book Value History & Chart Since 1996

Annual Book Value

$44.12B$25.89B+142.04%

December 31, 2025

Summary

Current Value: As of today, MSTR annual book value is $44.12B, up +142.04% on December 31, 2025
Historical Performance: MSTR annual book value is up +11616.89% over the past 3 years, up +7878.27% over the past 5 years
All-Time High Comparison: MSTR annual book value is currently at its all-time high
3-Year Low Comparison: MSTR annual book value is +11616.89% above its 3-year low of -$383.12M reached on an earlier date
Sector Comparison: MSTR annual book value is higher than 98.44% of companies in Technology sector

Book Value Chart

beforeafter

Performance

MSTR Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Book Value	Dec 31, 25	$44.12B	+142.0%	+10000.0%	+7878.3%	+10000.0%
Quarterly Book Value	Sep 30, 26	$55.44B	+5.9%	+6497.0%	+10000.0%	+10000.0%
Price	Nov 10, 26	$121.07	-47.7%	+137.8%	+47.9%	+832.7%
	Dec 31, 25	$61.64B	+138.5%	+2457.4%	+4105.8%	+10000.0%
	Dec 31, 25	$10.60B	+39.2%	+279.4%	+1061.3%	+4561.3%
	Nov 10, 26	0.92	-27.6%	-89.5%	-95.0%	-89.2%
	Dec 31, 25	$51.04B	+180.0%	+10000.0%	+9129.4%	+10000.0%
Market Cap	Nov 10, 26	$51B	-22.9%	+593.8%	+504.6%	+3568.6%

Book Value Highs

MSTR Annual Book Value Highs Comparison
Period	High	Date	Current
3Y	$44.12B	Dec 31, 25	at high
5Y	$44.12B	Dec 31, 25	at high
All	$44.12B	Dec 31, 25	at high

Book Value Lows

MSTR Annual Book Value Lows Comparison
Period	Low	Date	Current
3Y	-$383.12M	N/A	>+9999.0%
5Y	-$383.12M	Dec 31, 22	>+9999.0%
All	-$383.12M	Dec 31, 22	>+9999.0%

Book Value History

Year	Value	Change
2025	$44.12B	+142.0%
2024	$18.23B	+742.0%
2023	$2.16B	+665.1%
2022	-$383.12M	-139.1%
2021	$978.96M	+77.0%
2020	$553.05M	+8.7%
2019	$508.56M	-4.0%
2018	$529.73M	-12.5%
2017	$605.73M	+9.7%
2016	$552.18M	+21.3%
2015	$455.28M	+40.3%
2014	$324.47M	+4.6%
2013	$310.33M	+54.9%
2012	$200.31M	+18.5%
2011	$168.98M	+13.3%

Year	Value	Change
2010	$149.17M	-30.4%
2009	$214.23M	+55.2%
2008	$138.04M	+33.6%
2007	$103.33M	-22.4%
2006	$133.15M	-26.3%
2005	$180.72M	-24.9%
2004	$240.58M	+442.5%
2003	$44.35M	+228.5%
2002	-$34.51M	+75.0%
2001	-$138.01M	+5.2%
2000	-$145.54M	-242.9%
1999	$101.82M	+120.0%
1998	$46.28M	+594.5%
1997	-$9.36M	-1,225.2%
1996	-$706.20K	-

FAQ

What is the current annual book value of MSTR?: As of today, MSTR annual book value is $44.12B
What is 1-year change in MSTR annual book value?: MSTR annual book value is up +142.04% year-over-year
What is 3-year change in MSTR annual book value?: MSTR annual book value is up +11616.89% over the past 3 years
How far is MSTR annual book value from its all-time high?: MSTR annual book value is currently at its all-time high
How does MSTR annual book value rank versus sector peers?: MSTR annual book value is higher than 98.44% of companies in Technology sector
When is MSTR next annual earnings release?: The next annual earnings release for MSTR is on February 4, 2027

Book Value Formula

Book Value = −

Quarterly Book Value

$55.44B$24.56B+79.50%

September 30, 2026

Summary

Current Value: As of today, MSTR quarterly book value is $55.44B, up +79.50% on September 30, 2026
Historical Performance: MSTR quarterly book value is up +5.94% year-over-year, up +6497.04% over the past 3 years
All-Time High Comparison: MSTR quarterly book value is currently at its all-time high
3-Year Low Comparison: MSTR quarterly book value is +6497.04% above its 3-year low of $840.39M reached on an earlier date
Sector Comparison: MSTR quarterly book value is higher than 98.91% of companies in Technology sector

Performance

MSTR Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Book Value	Sep 30, 26	$55.44B	+79.5%	+5.9%	+6497.0%	+10000.0%
Annual Book Value	Dec 31, 25	$44.12B	–	+142.0%	+10000.0%	+7878.3%
Price	Nov 10, 26	$121.07	+26.0%	-47.7%	+137.8%	+47.9%
	Sep 30, 26	$77.15B	+46.8%	+4.8%	+2186.7%	+2483.6%
	Sep 30, 26	$8.65B	+19.6%	-44.2%	+241.6%	+242.8%
	Nov 10, 26	0.92	-25.2%	-27.6%	-89.5%	-95.0%
	Sep 30, 26	$68.50B	+51.1%	+17.9%	+8050.6%	+10000.0%
Market Cap	Nov 10, 26	$51B	+35.4%	-22.9%	+593.8%	+504.6%

Quarterly Book Value Highs

MSTR Quarterly Book Value Highs Comparison
Period	High	Date	Current
1Y	$55.44B	Sep 30, 26	at high
3Y	$55.44B	Sep 30, 26	at high
5Y	$55.44B	Sep 30, 26	at high
All	$55.44B	Sep 30, 26	at high

Quarterly Book Value Lows

MSTR Quarterly Book Value Lows Comparison
Period	Low	Date	Current
1Y	$30.89B	Jun 30, 26	+79.5%
3Y	$840.39M	N/A	+6497.0%
5Y	-$383.12M	Dec 31, 22	>+9999.0%
All	-$383.12M	Dec 31, 22	>+9999.0%

Quarterly Book Value History

Month	Value	Change
Sep 2026	$55.44B	+79.5%
Jun 2026	$30.89B	-15.7%
Mar 2026	$36.65B	-16.9%
Dec 2025	$44.12B	-15.7%
Sep 2025	$52.33B	+10.2%
Jun 2025	$47.48B	+47.3%
Mar 2025	$32.22B	+76.7%
Dec 2024	$18.23B	+383.1%
Sep 2024	$3.77B	+33.1%
Jun 2024	$2.83B	+18.1%
Mar 2024	$2.40B	+10.9%
Dec 2023	$2.16B	+157.6%
Sep 2023	$840.39M	+2.6%
Jun 2023	$819.12M	+84.8%
Mar 2023	$443.21M	+215.7%
Dec 2022	-$383.12M	-91.3%
Sep 2022	-$200.29M	-7.1%
Jun 2022	-$187.07M	-121.7%
Mar 2022	$863.00M	-11.8%
Dec 2021	$978.96M	+112.2%
Sep 2021	$461.31M	+495.9%
Jun 2021	$77.42M	-78.8%
Mar 2021	$365.04M	-34.0%
Dec 2020	$553.05M	+42.1%
Sep 2020	$389.29M	-15.1%
Jun 2020	$458.46M	-0.6%
Mar 2020	$461.43M	-9.3%
Dec 2019	$508.56M	-1.3%
Sep 2019	$515.42M	+2.5%
Jun 2019	$502.69M	+5.1%
Mar 2019	$478.31M	-9.7%
Dec 2018	$529.73M	-16.6%
Sep 2018	$635.42M	+2.4%
Jun 2018	$620.36M	+1.1%
Mar 2018	$613.58M	+1.3%
Dec 2017	$605.73M	-1.1%
Sep 2017	$612.34M	+3.8%
Jun 2017	$589.69M	+3.1%
Mar 2017	$572.04M	+3.6%
Dec 2016	$552.18M	+6.2%
Sep 2016	$519.90M	+6.2%
Jun 2016	$489.64M	+4.7%
Mar 2016	$467.85M	+2.8%
Dec 2015	$455.28M	+11.4%
Sep 2015	$408.51M	+7.3%
Jun 2015	$380.69M	+9.3%
Mar 2015	$348.32M	+7.3%
Dec 2014	$324.47M	+8.5%
Sep 2014	$299.06M	+0.3%
Jun 2014	$298.12M	-2.5%
Mar 2014	$305.65M	-1.5%
Dec 2013	$310.33M	+6.2%
Sep 2013	$292.08M	+6.8%
Jun 2013	$273.46M	-0.5%
Mar 2013	$274.83M	+37.2%
Dec 2012	$200.31M	+5.2%
Sep 2012	$190.42M	+6.2%
Jun 2012	$179.24M	+5.1%

Month	Value	Change
Mar 2012	$170.54M	+0.9%
Dec 2011	$168.98M	+3.0%
Sep 2011	$163.98M	+4.8%
Jun 2011	$156.50M	+1.8%
Mar 2011	$153.67M	+3.0%
Dec 2010	$149.17M	-5.1%
Sep 2010	$157.24M	-16.9%
Jun 2010	$189.28M	-8.1%
Mar 2010	$205.86M	-3.9%
Dec 2009	$214.23M	+11.3%
Sep 2009	$192.45M	+12.7%
Jun 2009	$170.74M	+6.3%
Mar 2009	$160.56M	+16.3%
Dec 2008	$138.04M	+10.9%
Sep 2008	$124.48M	+8.8%
Jun 2008	$114.42M	+6.4%
Mar 2008	$107.55M	+4.1%
Dec 2007	$103.33M	-5.5%
Sep 2007	$109.34M	+1.9%
Jun 2007	$107.33M	+12.5%
Mar 2007	$95.43M	-28.3%
Dec 2006	$133.15M	+27.7%
Sep 2006	$104.28M	-1.6%
Jun 2006	$106.00M	-25.4%
Mar 2006	$142.06M	-21.4%
Dec 2005	$180.72M	+8.1%
Sep 2005	$167.17M	+11.9%
Jun 2005	$149.35M	-42.5%
Mar 2005	$259.61M	+7.9%
Dec 2004	$240.58M	+14.3%
Sep 2004	$210.42M	+209.4%
Jun 2004	$68.00M	+21.7%
Mar 2004	$55.88M	+26.0%
Dec 2003	$44.35M	+69.4%
Sep 2003	$26.19M	+223.1%
Jun 2003	-$21.28M	+33.3%
Mar 2003	-$31.88M	+7.6%
Dec 2002	-$34.51M	+24.1%
Sep 2002	-$45.48M	+54.1%
Jun 2002	-$99.03M	+26.2%
Mar 2002	-$134.19M	+2.8%
Dec 2001	-$138.01M	-15.9%
Sep 2001	-$119.08M	+27.8%
Jun 2001	-$164.90M	+0.1%
Mar 2001	-$164.99M	-13.4%
Dec 2000	-$145.54M	-2.6%
Sep 2000	-$141.88M	-727.3%
Jun 2000	$22.62M	-72.6%
Mar 2000	$82.60M	-18.9%
Dec 1999	$101.82M	-2.9%
Sep 1999	$104.82M	+11.5%
Jun 1999	$94.01M	+3.7%
Mar 1999	$90.67M	+95.9%
Dec 1998	$46.28M	+6.6%
Sep 1998	$43.41M	+5.4%
Jun 1998	$41.19M	+3,369.9%
Mar 1998	$1.19M	-

FAQ

What is the current quarterly book value of MSTR?: As of today, MSTR quarterly book value is $55.44B
What is MSTR quarterly book value most recent change?: MSTR quarterly book value was up +79.50% on September 30, 2026
What is 1-year change in MSTR quarterly book value?: MSTR quarterly book value is up +5.94% year-over-year
How far is MSTR quarterly book value from its all-time high?: MSTR quarterly book value is currently at its all-time high
How does MSTR quarterly book value rank versus sector peers?: MSTR quarterly book value is higher than 98.91% of companies in Technology sector
When is MSTR next earnings release?: The next earnings release for MSTR is on February 4, 2027

Book Value Formula

Book Value = −

Data Sources & References

MSTR Official Website www.strategy.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1050446/000105044626000012/0001050446-26-000012-index.htm
MSTR Profile on Yahoo Finance finance.yahoo.com/quote/MSTR
MSTR Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/mstr