v3.26.1
Basic and Diluted Earnings (Loss) per Common Share - Computation of Basic and Diluted Loss per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Numerator - Basic and Diluted:        
Net (loss) income $ (8,219,628) $ 10,020,846 $ (20,762,298) $ 5,803,476
Dividends on preferred stock (400,661) (49,110) (630,188) (58,347)
Net loss attributable to common stockholders of Strategy - Basic (8,620,289) 9,971,736 (21,392,486) 5,745,129
Dividends on STRK Stock 0 16,756 0 23,550
Net loss attributable to common stockholders of Strategy - Diluted $ (8,620,289) $ 9,999,300 $ (21,392,486) $ 5,789,949
Denominator - Basic and Diluted:        
Weighted average common shares outstanding - Basic (in shares) 352,534 275,244 343,275 265,910
Effect of dilutive shares on weighted average common shares outstanding:        
Convertible preferred stock (in shares) 0 963 0 702
Weighted average common shares outstanding - Diluted (in shares) 352,534 306,764 343,275 298,039
(Loss) earnings per common share:        
Basic (loss) earnings per common share (in dollars per share) [1] $ (24.45) $ 36.23 $ (62.32) $ 21.61
Diluted (loss) earnings per common share (in dollars per share) [1] $ (24.45) $ 32.60 $ (62.32) $ 19.43
Stock options        
Effect of dilutive shares on weighted average common shares outstanding:        
Share-based payment arrangements (in shares) 0 3,615 0 3,847
Restricted stock units        
Effect of dilutive shares on weighted average common shares outstanding:        
Share-based payment arrangements (in shares) 0 5 0 495
Performance stock units        
Effect of dilutive shares on weighted average common shares outstanding:        
Share-based payment arrangements (in shares) 0 494 0 511
Employee stock purchase plan        
Effect of dilutive shares on weighted average common shares outstanding:        
Share-based payment arrangements (in shares) 0 3 0 2
Class A Common Stock        
Denominator - Basic and Diluted:        
Weighted average common shares outstanding - Basic (in shares) 332,894 255,604 323,635 246,270
Class B Common Stock        
Denominator - Basic and Diluted:        
Weighted average common shares outstanding - Basic (in shares) 19,640 19,640 19,640 19,640
2027 Convertible Notes        
Numerator - Basic and Diluted:        
Interest expense on Convertible Notes, net of tax $ 0 $ 0 $ 0 $ 286
Effect of dilutive shares on weighted average common shares outstanding:        
Convertible Notes (in shares) 0 0 0 1,439
2028 Convertible Notes        
Numerator - Basic and Diluted:        
Interest expense on Convertible Notes, net of tax $ 0 $ 1,887 $ 0 $ 3,755
Effect of dilutive shares on weighted average common shares outstanding:        
Convertible Notes (in shares) 0 5,513 0 5,513
2029 Convertible Notes        
Numerator - Basic and Diluted:        
Interest expense on Convertible Notes, net of tax $ 0 $ 1,308 $ 0 $ 2,603
Effect of dilutive shares on weighted average common shares outstanding:        
Convertible Notes (in shares) 0 4,462 0 4,462
2030A Convertible Notes        
Numerator - Basic and Diluted:        
Interest expense on Convertible Notes, net of tax $ 0 $ 1,606 $ 0 $ 3,194
Effect of dilutive shares on weighted average common shares outstanding:        
Convertible Notes (in shares) 0 5,342 0 5,342
2030B Convertible Notes        
Numerator - Basic and Diluted:        
Interest expense on Convertible Notes, net of tax $ 0 $ 898 $ 0 $ 1,264
Effect of dilutive shares on weighted average common shares outstanding:        
Convertible Notes (in shares) 0 4,614 0 3,307
2031 Convertible Notes        
Numerator - Basic and Diluted:        
Interest expense on Convertible Notes, net of tax $ 0 $ 1,390 $ 0 $ 2,767
Effect of dilutive shares on weighted average common shares outstanding:        
Convertible Notes (in shares) 0 2,594 0 2,594
2032 Convertible Notes        
Numerator - Basic and Diluted:        
Interest expense on Convertible Notes, net of tax $ 0 $ 3,718 $ 0 $ 7,400
Effect of dilutive shares on weighted average common shares outstanding:        
Convertible Notes (in shares) 0 3,915 0 3,915
[1] Basic and fully diluted (loss) earnings per common share for class A and class B common stock are the same.