<SEC-DOCUMENT>0001193125-25-262819.txt : 20251103
<SEC-HEADER>0001193125-25-262819.hdr.sgml : 20251103
<ACCEPTANCE-DATETIME>20251103172228
ACCESSION NUMBER:		0001193125-25-262819
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		15
CONFORMED PERIOD OF REPORT:	20251103
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20251103
DATE AS OF CHANGE:		20251103

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Strategy Inc
		CENTRAL INDEX KEY:			0001050446
		STANDARD INDUSTRIAL CLASSIFICATION:	FINANCE SERVICES [6199]
		ORGANIZATION NAME:           	09 Crypto Assets
		EIN:				510323571
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-42509
		FILM NUMBER:		251445277

	BUSINESS ADDRESS:	
		STREET 1:		1850 TOWERS CRESCENT PLAZA
		CITY:			TYSONS CORNER
		STATE:			VA
		ZIP:			22182
		BUSINESS PHONE:		703-848-8600

	MAIL ADDRESS:	
		STREET 1:		1850 TOWERS CRESCENT PLAZA
		CITY:			TYSONS CORNER
		STATE:			VA
		ZIP:			22182

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MICROSTRATEGY Inc
		DATE OF NAME CHANGE:	20180821

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MICROSTRATEGY INC
		DATE OF NAME CHANGE:	19971126
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d79833d8k.htm
<DESCRIPTION>8-K
<TEXT>
<XBRL>
<?xml version='1.0' encoding='ASCII'?>
<html xmlns:dei="http://xbrl.sec.gov/dei/2025" xmlns:us-types="http://fasb.org/us-types/2025" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:mstr="http://www.strategysoftware.com/20251103" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:utr="http://www.xbrl.org/2009/utr" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:us-gaap="http://fasb.org/us-gaap/2025" xmlns="http://www.w3.org/1999/xhtml">
<head>
<title>8-K</title>
<meta http-equiv="Content-Type" content="text/html"/>
</head>
   <body><div style="display:none"> <ix:header> <ix:hidden> <ix:nonNumeric name="dei:AmendmentFlag" contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-295">false</ix:nonNumeric> <ix:nonNumeric id="Hidden_dei_EntityCentralIndexKey" name="dei:EntityCentralIndexKey" contextRef="duration_2025-11-03_to_2025-11-03">0001050446</ix:nonNumeric> </ix:hidden> <ix:references> <link:schemaRef xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xlink:type="simple" xlink:href="mstr-20251103.xsd" xlink:arcrole="http://www.xbrl.org/2003/linkbase"/> </ix:references> <ix:resources> <xbrli:context id="duration_2025-11-03_to_2025-11-03"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001050446</xbrli:identifier> </xbrli:entity> <xbrli:period> <xbrli:startDate>2025-11-03</xbrli:startDate> <xbrli:endDate>2025-11-03</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001050446</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">mstr:M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2025-11-03</xbrli:startDate> <xbrli:endDate>2025-11-03</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001050446</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">mstr:VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2025-11-03</xbrli:startDate> <xbrli:endDate>2025-11-03</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001050446</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">mstr:M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2025-11-03</xbrli:startDate> <xbrli:endDate>2025-11-03</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001050446</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">mstr:M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2025-11-03</xbrli:startDate> <xbrli:endDate>2025-11-03</xbrli:endDate> </xbrli:period> </xbrli:context> <xbrli:context id="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_us-gaap-CommonStockMember"> <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001050446</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">us-gaap:CommonStockMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2025-11-03</xbrli:startDate> <xbrli:endDate>2025-11-03</xbrli:endDate> </xbrli:period> </xbrli:context> </ix:resources> </ix:header> </div> <div style="text-align:center"> <div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto"> <div style="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&#160;</div> <div style="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&#160;</div> <p style="margin-top:8pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman;font-weight:bold;text-align:center">UNITED STATES</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman;font-weight:bold;text-align:center">SECURITIES AND EXCHANGE COMMISSION</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman;font-weight:bold;text-align:center">WASHINGTON, D.C. 20549</p> <p style="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&#160;</p> <div style="text-align:center"> <div style="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%;text-align:center;margin-left: auto;margin-right: auto">&#160;</div></div> <p style="margin-top:10pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman;font-weight:bold;text-align:center">FORM <span style="white-space:nowrap"><ix:nonNumeric name="dei:DocumentType" contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-346">8-K</ix:nonNumeric></span></p> <p style="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&#160;</p> <div style="text-align:center"> <div style="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%;text-align:center;margin-left: auto;margin-right: auto">&#160;</div></div> <p style="margin-top:10pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman;font-weight:bold;text-align:center">CURRENT REPORT</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman;font-weight:bold;text-align:center">PURSUANT TO SECTION 13 OR 15(d)</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman;font-weight:bold;text-align:center">OF THE SECURITIES EXCHANGE ACT OF 1934</p> <p style="margin-top:10pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman;font-weight:bold;text-align:center">Date of Report (Date of earliest event reported): <ix:nonNumeric name="dei:DocumentPeriodEndDate" contextRef="duration_2025-11-03_to_2025-11-03" format="ixt:datemonthdayyearen" id="ixv-347">November&#160;3, 2025</ix:nonNumeric></p> <p style="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&#160;</p> <div style="text-align:center"> <div style="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%;text-align:center;margin-left: auto;margin-right: auto">&#160;</div></div> <p style="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&#160;</p> <p style="margin-top:0pt;margin-bottom:0pt;text-align:center">
<img src="g79833image1.jpg" alt="LOGO"/></p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman;font-weight:bold;text-align:center"> <ix:nonNumeric name="dei:EntityRegistrantName" contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-348">STRATEGY INC</ix:nonNumeric> </p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center">(Exact name of registrant as specified in its charter)</p> <p style="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&#160;</p> <div style="text-align:center"> <div style="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%;text-align:center;margin-left: auto;margin-right: auto">&#160;</div></div> <p style="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="border-collapse:collapse; font-family:Times New Roman; font-size:8pt;width:100%;border-spacing:0;margin:0 auto">
<tr>
<td style="width:34%"/>
<td style="vertical-align:bottom"/>
<td style="width:32%"/>
<td style="vertical-align:bottom;width:1%"/>
<td style="width:32%"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;text-align:center"><span style="font-weight:bold"><ix:nonNumeric name="dei:EntityIncorporationStateCountryCode" contextRef="duration_2025-11-03_to_2025-11-03" format="ixt-sec:stateprovnameen" id="ixv-349">Delaware</ix:nonNumeric></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top;text-align:center"><span style="font-weight:bold"><span style="white-space:nowrap"><ix:nonNumeric name="dei:EntityFileNumber" contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-350">001-42509</ix:nonNumeric></span></span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top;text-align:center"><span style="font-weight:bold"><span style="white-space:nowrap"><ix:nonNumeric name="dei:EntityTaxIdentificationNumber" contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-351">51-0323571</ix:nonNumeric></span></span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:top;text-align:center"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">(State or other jurisdiction</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">of incorporation)</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top;text-align:center"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">(Commission</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">File Number)</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top;text-align:center"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">(I.R.S. Employer</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Identification No.)</p></td></tr></table> <p style="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="border-collapse:collapse; font-family:Times New Roman; font-size:10pt;width:100%;border-spacing:0;margin:0 auto">
<tr>
<td style="width:50%"/>
<td style="vertical-align:bottom;width:1%"/>
<td style="width:48%"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center"><ix:nonNumeric name="dei:EntityAddressAddressLine1" contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-352">1850 Towers Crescent Plaza</ix:nonNumeric></p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center"><ix:nonNumeric name="dei:EntityAddressCityOrTown" contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-353">Tysons Corner</ix:nonNumeric>, <ix:nonNumeric name="dei:EntityAddressStateOrProvince" contextRef="duration_2025-11-03_to_2025-11-03" format="ixt-sec:stateprovnameen" id="ixv-354">Virginia</ix:nonNumeric></p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom;text-align:center"><span style="font-weight:bold"><ix:nonNumeric name="dei:EntityAddressPostalZipCode" contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-355">22182</ix:nonNumeric></span></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="vertical-align:top;text-align:center"><span style="font-weight:bold">(Address of principal executive offices)</span></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top;text-align:center"><span style="font-weight:bold">(Zip Code)</span></td></tr></table> <p style="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center">Registrant&#8217;s telephone number, including area code: <ix:nonNumeric name="dei:CityAreaCode" contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-356">(703)</ix:nonNumeric> <span style="white-space:nowrap"><ix:nonNumeric name="dei:LocalPhoneNumber" contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-357">848-8600</ix:nonNumeric></span></p> <p style="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&#160;</p> <p style="margin-top:10pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">(Former name or former address, if changed since last report)</p> <p style="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&#160;</p> <div style="text-align:center"> <div style="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%;text-align:center;margin-left: auto;margin-right: auto">&#160;</div></div> <p style="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Check the appropriate box below if the Form <span style="white-space:nowrap">8-K</span> filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (<span style="text-decoration:underline">see</span> General Instruction A.2. below):</p> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="border-collapse:collapse; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left"><ix:nonNumeric name="dei:WrittenCommunications" contextRef="duration_2025-11-03_to_2025-11-03" format="ixt-sec:boolballotbox" id="ixv-358">&#9744;</ix:nonNumeric></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="border-collapse:collapse; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left"><ix:nonNumeric name="dei:SolicitingMaterial" contextRef="duration_2025-11-03_to_2025-11-03" format="ixt-sec:boolballotbox" id="ixv-359">&#9744;</ix:nonNumeric></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Soliciting material pursuant to Rule <span style="white-space:nowrap">14a-12</span> under the Exchange Act (17 CFR <span style="white-space:nowrap">240.14a-12)</span></p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="border-collapse:collapse; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left"><ix:nonNumeric name="dei:PreCommencementTenderOffer" contextRef="duration_2025-11-03_to_2025-11-03" format="ixt-sec:boolballotbox" id="ixv-360">&#9744;</ix:nonNumeric></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left"><span style="white-space:nowrap">Pre-commencement</span> communications pursuant to Rule <span style="white-space:nowrap">14d-2(b)</span> under the Exchange Act (17 CFR <span style="white-space:nowrap">240.14d-2(b))</span></p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="border-collapse:collapse; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left"><ix:nonNumeric name="dei:PreCommencementIssuerTenderOffer" contextRef="duration_2025-11-03_to_2025-11-03" format="ixt-sec:boolballotbox" id="ixv-361">&#9744;</ix:nonNumeric></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left"><span style="white-space:nowrap">Pre-commencement</span> communications pursuant to Rule <span style="white-space:nowrap">13e-4(c)</span> under the Exchange Act (17 CFR <span style="white-space:nowrap">240.13e-4(c))</span></p></td></tr></table> <p style="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Securities registered pursuant to Section&#160;12(b) of the Act:</p> <p style="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="border-collapse:collapse; font-family:Times New Roman; font-size:10pt;width:100%;border-spacing:0;margin:0 auto">
<tr>
<td style="width:34%"/>
<td style="vertical-align:bottom"/>
<td style="width:32%"/>
<td style="vertical-align:bottom;width:1%"/>
<td style="width:32%"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Title of Each Class</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Trading<br/>Symbol</p></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">Name of Each Exchange</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman;font-weight:bold;text-align:center">on which Registered</p></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;text-align:center"><ix:nonNumeric name="dei:Security12bTitle" contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember" id="ixv-362">10.00% Series A Perpetual Strife Preferred Stock, $0.001 par value per share</ix:nonNumeric></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top;text-align:center"><ix:nonNumeric name="dei:TradingSymbol" contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember" id="ixv-363">STRF</ix:nonNumeric></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top;text-align:center"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember" format="ixt-sec:exchnameen" id="ixv-364">The Nasdaq Global Select Market</ix:nonNumeric></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;text-align:center"><ix:nonNumeric name="dei:Security12bTitle" contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember" id="ixv-365">Variable Rate Series A Perpetual Stretch Preferred Stock, $0.001 par value per share</ix:nonNumeric></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top;text-align:center"><ix:nonNumeric name="dei:TradingSymbol" contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember" id="ixv-366">STRC</ix:nonNumeric></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top;text-align:center"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember" format="ixt-sec:exchnameen" id="ixv-367">The Nasdaq Global Select Market</ix:nonNumeric></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;text-align:center"><ix:nonNumeric name="dei:Security12bTitle" contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember" id="ixv-368">8.00% Series A Perpetual Strike Preferred Stock, $0.001 par value per share</ix:nonNumeric></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top;text-align:center"><ix:nonNumeric name="dei:TradingSymbol" contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember" id="ixv-369">STRK</ix:nonNumeric></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top;text-align:center"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember" format="ixt-sec:exchnameen" id="ixv-370">The Nasdaq Global Select Market</ix:nonNumeric></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;text-align:center"><ix:nonNumeric name="dei:Security12bTitle" contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember" id="ixv-371">10.00% Series A Perpetual Stride Preferred Stock, $0.001 par value per share</ix:nonNumeric></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top;text-align:center"><ix:nonNumeric name="dei:TradingSymbol" contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember" id="ixv-372">STRD</ix:nonNumeric></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top;text-align:center"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember" format="ixt-sec:exchnameen" id="ixv-373">The Nasdaq Global Select Market</ix:nonNumeric></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;text-align:center"><ix:nonNumeric name="dei:Security12bTitle" contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_us-gaap-CommonStockMember" id="ixv-374">Class&#160;A common stock, $0.001 par value per share</ix:nonNumeric></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top;text-align:center"><ix:nonNumeric name="dei:TradingSymbol" contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_us-gaap-CommonStockMember" id="ixv-375">MSTR</ix:nonNumeric></td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top;text-align:center"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_us-gaap-CommonStockMember" format="ixt-sec:exchnameen" id="ixv-376">The Nasdaq Global Select Market</ix:nonNumeric></td></tr></table> <p style="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule <span style="white-space:nowrap">12b-2</span> of the Securities Exchange Act of 1934 <span style="white-space:nowrap">(&#167;240.12b-2</span> of this chapter).</p> <p style="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Emerging growth company&#8194;<ix:nonNumeric name="dei:EntityEmergingGrowthCompany" contextRef="duration_2025-11-03_to_2025-11-03" format="ixt-sec:boolballotbox" id="ixv-377">&#9744;</ix:nonNumeric></p> <p style="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section&#160;13(a) of the Exchange Act.&#8194;&#9744;</p> <p style="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&#160;</p> <div style="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&#160;</div> <div style="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&#160;</div></div></div>

<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>

<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">

<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:11%;vertical-align:top;text-align:left"><span style="font-weight:bold">Item&#8201;8.01</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">Other Events. </p></td></tr></table> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">On November&#160;3, 2025, Strategy Inc (the &#8220;Company&#8221;) issued a press release announcing that, subject to market and other conditions, it intends to conduct an initial public offering of 3,500,000 shares of its 10.00% Series A Perpetual Stream Preferred Stock. A copy of the press release is filed hereto as Exhibit 99.1 and is incorporated herein by reference. </p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Neither this Current Report on Form <span style="white-space:nowrap">8-K</span> nor the press release filed hereto constitutes an offer to sell or the solicitation of an offer to buy any securities. </p> <p style="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:11%;vertical-align:top;text-align:left"><span style="font-weight:bold">Item&#8201;9.01.</span></td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">Financial Statements and Exhibits. </p></td></tr></table> <p style="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%" cellpadding="0" cellspacing="0">
<tr style="page-break-inside:avoid">
<td style="width:4%;vertical-align:top;text-align:left">(d)</td>
<td style="vertical-align:top;text-align:left"> <p style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Exhibits </p></td></tr></table> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:100%;border-spacing:0;margin:0 auto">


<tr>

<td/>

<td style="vertical-align:bottom;width:4%"/>
<td style="width:93%"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:center">Exhibit<br/>No.</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap"> <p style="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman">Description</p></td></tr>


<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">99.1</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top"><a href="d79833dex991.htm">Press Release of Strategy Inc, dated November&#160;3, 2025. </a></td></tr>
<tr style="font-size:1pt">
<td style="height:6pt"/>
<td style="height:6pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top;white-space:nowrap">104</td>
<td style="vertical-align:bottom">&#160;&#160;</td>
<td style="vertical-align:top">Cover Page Interactive Data File (embedded within the Inline XBRL document).</td></tr>
</table> <p style="font-size:18pt; margin-top:0pt; margin-bottom:0pt">&#160;</p>
</div></div>



<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<hr style="color:#999999;height:3px;width:100%;clear:both"/>

<div style="text-align:center"><div style="width:8.5in;text-align:left;margin-left: auto;margin-right: auto">
 <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:center">SIGNATURE </p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. </p> <p style="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&#160;</p>
<table cellspacing="0" cellpadding="0" style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;width:100%;border-spacing:0">


<tr>

<td style="width:44%"/>

<td style="vertical-align:bottom;width:1%"/>
<td style="width:4%"/>

<td style="vertical-align:bottom"/>
<td style="width:5%"/>

<td style="vertical-align:bottom;width:1%"/>
<td style="width:44%"/></tr>


<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top" colspan="3">Date: November&#160;3, 2025</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom" colspan="3"> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Strategy Inc</p> <p style="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">(Registrant)</p></td></tr>
<tr style="font-size:1pt">
<td style="height:12pt"/>
<td style="height:12pt" colspan="2"/>
<td style="height:12pt" colspan="2"/>
<td style="height:12pt" colspan="2"/></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top">By:</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom"> <p style="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ W. Ming Shao</p></td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top">Name:</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">W. Ming Shao</td></tr>
<tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<td style="vertical-align:top"/>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom"/>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:top">Title:</td>
<td style="vertical-align:bottom">&#160;</td>
<td style="vertical-align:bottom">Executive Vice President&#160;&amp; General Counsel</td></tr>
</table>
</div></div>

</body></html>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d79833dex991.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-99.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE" STYLE="line-height:Normal">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 99.1 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Strategy Announces Proposed Initial Public Offering of &#128;&nbsp;Denominated STRE Stock </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">TYSONS CORNER, Va.&#8212;(BUSINESS WIRE)&#8212;November 3, 2025&#8212;Strategy Inc (Nasdaq: STRF/STRC/STRK/STRD/MSTR) today announced that, subject to market
and other conditions, it intends to conduct an initial public offering registered under the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;), of 3,500,000 shares of Strategy&#8217;s 10.00% Series A Perpetual Stream Preferred
Stock (the &#8220;STRE Stock&#8221;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Strategy intends to use the net proceeds from the offering for general corporate purposes, including the
acquisition of bitcoin and for working capital. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The STRE Stock will accumulate cumulative dividends (&#8220;regular dividends&#8221;) at a rate per annum
equal to 10.00% on the stated amount thereof, which is &#128;100 per share of STRE Stock. Regular dividends on the STRE Stock will be payable when, as and if declared by Strategy&#8217;s board of directors or any duly authorized committee thereof,
out of funds legally available for their payment, quarterly in arrears on March&nbsp;31, June&nbsp;30, September&nbsp;30 and December&nbsp;31 of each year, beginning on December 31, 2025. Declared regular dividends on the STRE Stock will be payable
solely in cash. In the event that any accumulated regular dividend on the STRE Stock is not paid on the applicable regular dividend payment date, then additional regular dividends (&#8220;compounded dividends&#8221;) will accumulate on the amount of
such unpaid regular dividend, compounded quarterly. The compounded dividend rate applicable to any unpaid regular dividend that was due on a regular dividend payment date will initially be a rate per annum equal to 10% plus 100 basis points;
provided, however, that, until such unpaid regular dividend, together with compounded dividends thereon, is paid in full, such compounded dividend rate will increase by 100 basis points per annum for each subsequent regular dividend period, up to a
maximum dividend rate of 18% per annum. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">If Strategy fails to declare a regular dividend on or prior to a given regular record date, such failure will
constitute the issuance of a notice of deferral. Upon issuance of such notice, Strategy will (except during any period when the terms of our dividend senior stock or indebtedness then outstanding would prohibit the payment of dividends on the STRE
Stock) use commercially reasonable efforts over the following <FONT STYLE="white-space:nowrap">60-day</FONT> period to sell STRK Stock, STRD Stock, class A common stock and/or other junior stock to raise proceeds in an amount sufficient to cover any
deferred dividends that would have been due with respect to the applicable regular dividend payment date, plus compounded dividends thereon, on the next &#8220;deferred regular dividend payment date&#8221; (as defined in the prospectus supplement
related to this offering); provided, however, that Strategy&#8217;s ability to use any such proceeds to cover any such deferred dividends (plus compounded dividends thereon) on the STRE Stock is subject to the payment of accumulated dividends in
full on Strategy&#8217;s STRF Stock and STRC Stock and the terms of any other dividend senior stock that Strategy may issue in the future. Payment of any declared regular dividend on such deferred regular dividend payment date will be made, if at
all, to the preferred stockholders of record as of the close of business on the &#8220;deferred regular record date&#8221; (as defined in the prospectus supplement related to this offering) immediately preceding such deferred regular dividend
payment date. </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Strategy will have the right, at its election, to redeem all, and not less than all, of the STRE Stock, at
any time, for cash if the total number of shares of all STRE Stock then outstanding is less than 25% of the total number of shares of STRE Stock originally issued in this offering and in any future offering taken together. In addition, Strategy will
have the right to redeem all, but not less than all, of the STRE Stock if certain tax events occur. The redemption price for any STRE Stock to be redeemed will be a cash amount equal to the liquidation preference of such share to be redeemed as of
the business day before the date on which Strategy sends the related redemption notice, plus accumulated and unpaid regular dividends on such share to, but excluding, the redemption date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">If an event that constitutes a &#8220;fundamental change&#8221; under the certificate of designations governing the STRE Stock occurs, then, subject to
certain limitations, holders of the STRE Stock will have the right to require Strategy to repurchase some or all of their shares of STRE Stock at a cash repurchase price equal to the stated amount of the STRE Stock to be repurchased, plus
accumulated and unpaid regular dividends, if any, to, but excluding the fundamental change repurchase date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The liquidation preference of the STRE Stock
will initially be &#128;100 per share. Effective immediately after the close of business on each business day after the initial issue date (and, if applicable, during the course of a business day on which any sale transaction to be settled by the
issuance of STRE Stock is executed, from the exact time of the first such sale transaction during such business day until the close of business of such business day), the liquidation preference per share will be adjusted to be the greatest of
(i)&nbsp;the stated amount per share of STRE Stock; (ii)&nbsp;in the case of any business day with respect to which Strategy has, on such business day or any business day during the ten trading day period preceding such business day, executed any
sale transaction to be settled by the issuance of STRE Stock, an amount equal to the last reported sale price per share of STRE Stock on the trading day immediately before such business day; and (iii)&nbsp;the arithmetic average of the last reported
sale prices per share of STRE Stock for each trading day of the ten consecutive trading days (or, if applicable, the lesser number of trading days as have elapsed during the period from, and including, the initial issue date to, but excluding, such
business day) immediately preceding such business day. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Barclays Bank PLC, Morgan Stanley &amp; Co. International plc, Moelis &amp; Company LLC, SG
Americas Securities, LLC, TD Securities (USA) LLC, Canaccord Genuity Limited and StoneX Financial Inc. are acting as joint book-running managers for the offering. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The offering is being made pursuant to an effective shelf registration statement on file with the U.S. Securities and Exchange Commission (the
&#8220;SEC&#8221;). The offering will be made only by means of a prospectus supplement and an accompanying prospectus. An electronic copy of the preliminary prospectus supplement, together with the accompanying prospectus, is available on the
SEC&#8217;s website at <I>www.sec.gov</I>. Alternatively, copies of the preliminary prospectus supplement, together with the accompanying prospectus, can be obtained by contacting: Barclays Bank PLC, c/o Broadridge Financial Solutions, 1155 Long
Island Avenue, Edgewood, NY 11717, by phone 1-888-603-5847, or by email: barclaysprospectus@broadridge.com, or Morgan Stanley &amp; Co. International plc, Attention: Prospectus Department, 25 Cabot Square, Canary Wharf, London E14 4QA, United
Kingdom, by phone: 1-866-718-1649 or by email: prospectus@morganstanley.com, or Moelis &amp; Company LLC, 399 Park Avenue 4th Floor, New York, NY 10022, by phone: 1-800-539-9413, or SG Americas Securities, LLC, 245 Park Avenue, New York, NY 10167,
Telephone: 1-855-881-2108, or TD Securities (USA) LLC, 1 Vanderbilt Avenue, 11th Floor, New York, NY 10017, by telephone at (855) 495-9846, or Canaccord Genuity LLC, Attention: Syndication Department, One Post Office Square, Suite 3000, Boston,
Massachusetts 02109, or by telephone at (617) 371-3900, or by email at prospectus@cgf.com, or StoneX Financial Inc., 230 Park Ave, New York, New York 10169, or by telephone at (212) 692-5100. </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Notice to Prospective Investors in the European Economic Area (&#8220;EEA&#8221;) </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Prohibition of sales to EEA retail investors</B>: In any member state of the EEA, this communication is only addressed to and directed at persons who are
&#8220;qualified investors&#8221; within the meaning of Article&nbsp;2(e) of Regulation (EU) 2017/1129 (the &#8220;Prospectus Regulation&#8221;). No prospectus has been or will be prepared in connection with the offering of the STRE Stock for the
purposes of the Prospectus Regulation, and any offer of the STRE Stock in the EEA will be made pursuant to an exemption under the Prospectus Regulation from the requirement to publish a prospectus. The STRE Stock are not intended to be offered, sold
or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the EEA. For these purposes, a retail investor means a person who is one (or more) of: (i)&nbsp;a retail client as defined in
point&nbsp;(11) of Article&nbsp;4(1) of Directive 2014/65/EU (as amended, &#8220;MiFID II&#8221;); or (ii)&nbsp;a customer within the meaning of Directive (EU) 2016/97 (as amended, the &#8220;Insurance Distribution Directive&#8221;), where that
customer would not qualify as a professional client as defined in point&nbsp;(10) of Article&nbsp;4(1) of MiFID II. Consequently, no key </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
information document required by Regulation (EU) No 1286/2014 (as amended, the &#8220;PRIIPs Regulation&#8221;) for offering or selling the STRE Stock or otherwise making them available to retail
investors in the EEA has been prepared and therefore offering or selling the STRE Stock or otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPs Regulation. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Notice to Prospective Investors in the United Kingdom (&#8220;U.K.&#8221;) </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Prohibition of sales to U.K. retail investors</B>: In the U.K., this communication is only addressed to persons who are &#8220;qualified investors&#8221;
within the meaning of Article 2(e) of Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (the &#8220;EUWA&#8221;) (the &#8220;U.K. Prospectus Regulation&#8221;) and to persons who have
professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the &#8220;Order&#8221;), (ii) high net worth entities falling
withing Article 49(2) of the Order and (iii) persons at or to whom it can otherwise lawfully be distributed or directed (all such persons together being referred to as &#8220;relevant persons&#8221;). No prospectus has been or will be prepared in
connection with the offering of the STRE Stock for the purposes of the U.K. Prospectus Regulation, and any offer of the STRE Stock in the U.K. will be made pursuant to an exemption from the requirement to publish a prospectus. The STRE Stock are not
intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the U.K. For these purposes, a &#8220;retail investor&#8221; means a person who is one (or more) of the
following: (i)&nbsp;a retail client, as defined in point (8)&nbsp;of Article&nbsp;2 of Regulation (EU) No&nbsp;2017/565 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 or (ii)&nbsp;a customer within the meaning
of the provisions of the FSMA and any rules or regulations made under the FSMA to implement the Insurance Distribution Directive, where that customer would not qualify as a professional client, as defined in point (8)&nbsp;of Article&nbsp;2(1) of
Regulation (EU) No&nbsp;600/2014 as it forms part of domestic law by virtue of the EUWA. Consequently, no key information document required by the PRIIPs Regulation as it forms part of domestic law by virtue of the EUWA (the &#8220;U.K. PRIIPs
Regulation&#8221;) for offering or selling the STRE Stock or otherwise making them available to retail investors in the U.K. has been prepared and therefore offering or selling the STRE Stock or otherwise making them available to any retail investor
in the U.K. may be unlawful under the U.K. PRIIPs Regulation. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>UK MIFIR product governance / Professional investors and ECPs only target market:</B>
Solely for the purposes of each manufacturer&#8217;s product approval process, the target market assessment in respect of the STRE Stock has led to the conclusion that: (i)&nbsp;the target market for the STRE Stock is only eligible counterparties,
as defined in the FCA Handbook Conduct of Business Sourcebook (&#8220;COBS&#8221;), and professional clients, as defined in Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the EUWA (&#8220;UK MiFIR&#8221;); and
(ii)&nbsp;all channels for distribution of the STRE Stock to eligible counterparties and professional clients are appropriate. Any person subsequently offering, selling or recommending the STRE Stock (a &#8220;UK distributor&#8221;) should take into
consideration the manufacturers&#8217; target market assessment; however, a UK distributor subject to the FCA Handbook Product Intervention and Product Governance Sourcebook is responsible for undertaking its own target market assessment in respect
of the STRE Stock (by either adopting or refining the manufacturers&#8217; target market assessment) and determining appropriate distribution channels. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities referred to in this press release, nor will
there be any sale of any such securities, in any state or other jurisdiction in which such offer, sale or solicitation would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>About Strategy </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Strategy Inc (Nasdaq: STRF/STRC/STRK/STRD/MSTR) is the world&#8217;s first and largest Bitcoin Treasury Company. We are a publicly traded company that has
adopted Bitcoin as our primary treasury reserve asset. By using proceeds from equity and debt financings, as well as cash flows from our operations, we strategically accumulate Bitcoin and advocate for its role as digital capital. Our treasury
strategy is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. In addition, we provide industry-leading
<FONT STYLE="white-space:nowrap">AI-powered</FONT> enterprise analytics software, advancing our vision of Intelligence Everywhere. We leverage our development capabilities to explore innovation in Bitcoin applications, integrating analytics
expertise with our commitment to digital asset growth. We believe our combination of operational excellence, strategic Bitcoin reserve, and focus on technological innovation positions us as a leader in both the digital asset and enterprise analytics
sectors, offering a unique opportunity for long-term value creation. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Strategy, MicroStrategy, and Intelligence Everywhere are either trademarks or
registered trademarks of Strategy Inc in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Forward-Looking Statements </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Statements in this press
release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute &#8220;forward-looking statements&#8221; within the meaning of The Private Securities Litigation
Reform Act of 1995. These statements include, but are not limited to, statements relating to the size and timing of the offering, the anticipated use of any proceeds from the offering and the terms of the securities being offered. The words
&#8220;anticipate,&#8221; &#8220;believe,&#8221; &#8220;continue,&#8221; &#8220;could,&#8221; &#8220;estimate,&#8221; &#8220;expect,&#8221; &#8220;intend,&#8221; &#8220;may,&#8221; &#8220;plan,&#8221; &#8220;potential,&#8221; &#8220;predict,&#8221;
&#8220;project,&#8221; &#8220;should,&#8221; &#8220;target,&#8221; &#8220;will,&#8221; &#8220;would,&#8221; and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these
identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the uncertainties related to market conditions and the completion of the offering on
the anticipated terms or at all, the other factors discussed under the caption &#8220;Risk Factor Updates&#8221; in Strategy&#8217;s Current Report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed with the SEC on October&nbsp;6, 2025 and
under the caption &#8220;Risk Factors&#8221; in Strategy&#8217;s Quarterly Report on Form 10-Q filed with the SEC on November 3, 2025 and the risks described in other filings that Strategy may make with the SEC. Any forward-looking statements
contained in this press release speak only as of the date hereof, and Strategy specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Strategy </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Shirish Jajodia </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Corporate Treasurer </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">ir@strategy.com </P>
</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>3
<FILENAME>mstr-20251103.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii"?>
<!-- DFIN - https://www.dfinsolutions.com/ -->
<!-- CTU Version: Release 2512 Build:20250722.1 -->
<!-- Creation date: 11/4/2025 3:20:28 AM Eastern Time -->
<!-- Copyright (c) 2025 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
<xsd:schema
  xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric"
  xmlns:num="http://www.xbrl.org/dtr/type/numeric"
  xmlns:us-types="http://fasb.org/us-types/2025"
  xmlns:mstr="http://www.strategysoftware.com/20251103"
  xmlns:dei="http://xbrl.sec.gov/dei/2025"
  xmlns:xbrli="http://www.xbrl.org/2003/instance"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink"
  xmlns:xbrldt="http://xbrl.org/2005/xbrldt"
  xmlns:us-gaap="http://fasb.org/us-gaap/2025"
  attributeFormDefault="unqualified"
  elementFormDefault="qualified"
  targetNamespace="http://www.strategysoftware.com/20251103"
  xmlns:xsd="http://www.w3.org/2001/XMLSchema">
    <xsd:import schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" namespace="http://www.xbrl.org/2003/instance" />
    <xsd:import schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" namespace="http://www.xbrl.org/2003/linkbase" />
    <xsd:import schemaLocation="https://xbrl.sec.gov/dei/2025/dei-2025.xsd" namespace="http://xbrl.sec.gov/dei/2025" />
    <xsd:import schemaLocation="http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd" namespace="http://www.xbrl.org/dtr/type/numeric" />
    <xsd:import schemaLocation="http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd" namespace="http://www.xbrl.org/dtr/type/non-numeric" />
    <xsd:import schemaLocation="https://xbrl.sec.gov/naics/2025/naics-2025.xsd" namespace="http://xbrl.sec.gov/naics/2025" />
    <xsd:import schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd" namespace="http://xbrl.org/2005/xbrldt" />
    <xsd:import schemaLocation="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd" namespace="http://fasb.org/us-gaap/2025" />
    <xsd:import schemaLocation="https://xbrl.fasb.org/us-gaap/2025/elts/us-types-2025.xsd" namespace="http://fasb.org/us-types/2025" />
  <xsd:annotation>
    <xsd:appinfo>
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="mstr-20251103_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:title="Label Links, all" xlink:type="simple" />
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="mstr-20251103_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:title="Presentation Links, all" xlink:type="simple" />
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="mstr-20251103_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:title="Definition Links, all" xlink:type="simple" />
      <link:roleType roleURI="http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation" id="Role_DocumentDocumentAndEntityInformation">
        <link:definition>100000 - Document - Document and Entity Information</link:definition>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
    </xsd:appinfo>
  </xsd:annotation>
  <xsd:element id="mstr_DocumentAndEntityInformationTable" name="DocumentAndEntityInformationTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" xbrli:periodType="duration" nillable="true" abstract="true" />
  <xsd:element id="mstr_DocumentAndEntityInformationLineItems" name="DocumentAndEntityInformationLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true" />
  <xsd:element id="mstr_M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember" name="M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true" />
  <xsd:element id="mstr_VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember" name="VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true" />
  <xsd:element id="mstr_M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember" name="M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true" />
  <xsd:element id="mstr_M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember" name="M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true" />
</xsd:schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.DEF
<SEQUENCE>4
<FILENAME>mstr-20251103_def.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION DEFINITION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii"?>
<!-- DFIN - https://www.dfinsolutions.com/ -->
<!-- CTU Version: Release 2512 Build:20250722.1 -->
<!-- Creation date: 11/4/2025 3:20:29 AM Eastern Time -->
<!-- Copyright (c) 2025 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
<linkbase xmlns="http://www.xbrl.org/2003/linkbase" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#all" arcroleURI="http://xbrl.org/int/dim/arcrole/all" />
  <arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-default" arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-default" />
  <arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-domain" arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-domain" />
  <arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#domain-member" arcroleURI="http://xbrl.org/int/dim/arcrole/domain-member" />
  <arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#hypercube-dimension" arcroleURI="http://xbrl.org/int/dim/arcrole/hypercube-dimension" />
  <link:roleRef roleURI="http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation" xlink:href="mstr-20251103.xsd#Role_DocumentDocumentAndEntityInformation" xlink:type="simple" />
  <link:definitionLink xlink:type="extended" xlink:role="http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation">
    <link:loc xlink:href="mstr-20251103.xsd#mstr_DocumentAndEntityInformationTable" xlink:type="locator" xlink:label="mstr_DocumentAndEntityInformationTable" />
    <link:loc xlink:href="mstr-20251103.xsd#mstr_DocumentAndEntityInformationLineItems" xlink:type="locator" xlink:label="mstr_DocumentAndEntityInformationLineItems" />
    <link:loc xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementClassOfStockAxis" xlink:type="locator" xlink:label="us-gaap_StatementClassOfStockAxis" />
    <link:loc xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ClassOfStockDomain" xlink:type="locator" xlink:label="us-gaap_ClassOfStockDomain" />
    <link:loc xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ClassOfStockDomain" xlink:type="locator" xlink:label="us-gaap_ClassOfStockDomain_2" />
    <link:loc xlink:href="mstr-20251103.xsd#mstr_M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember" xlink:type="locator" xlink:label="mstr_M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember" />
    <link:loc xlink:href="mstr-20251103.xsd#mstr_VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember" xlink:type="locator" xlink:label="mstr_VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember" />
    <link:loc xlink:href="mstr-20251103.xsd#mstr_M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember" xlink:type="locator" xlink:label="mstr_M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember" />
    <link:loc xlink:href="mstr-20251103.xsd#mstr_M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember" xlink:type="locator" xlink:label="mstr_M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember" />
    <link:loc xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockMember" xlink:type="locator" xlink:label="us-gaap_CommonStockMember" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentFlag" xlink:type="locator" xlink:label="dei_AmendmentFlag" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCentralIndexKey" xlink:type="locator" xlink:label="dei_EntityCentralIndexKey" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentType" xlink:type="locator" xlink:label="dei_DocumentType" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodEndDate" xlink:type="locator" xlink:label="dei_DocumentPeriodEndDate" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityRegistrantName" xlink:type="locator" xlink:label="dei_EntityRegistrantName" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityIncorporationStateCountryCode" xlink:type="locator" xlink:label="dei_EntityIncorporationStateCountryCode" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFileNumber" xlink:type="locator" xlink:label="dei_EntityFileNumber" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityTaxIdentificationNumber" xlink:type="locator" xlink:label="dei_EntityTaxIdentificationNumber" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine1" xlink:type="locator" xlink:label="dei_EntityAddressAddressLine1" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCityOrTown" xlink:type="locator" xlink:label="dei_EntityAddressCityOrTown" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressStateOrProvince" xlink:type="locator" xlink:label="dei_EntityAddressStateOrProvince" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressPostalZipCode" xlink:type="locator" xlink:label="dei_EntityAddressPostalZipCode" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CityAreaCode" xlink:type="locator" xlink:label="dei_CityAreaCode" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_LocalPhoneNumber" xlink:type="locator" xlink:label="dei_LocalPhoneNumber" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_WrittenCommunications" xlink:type="locator" xlink:label="dei_WrittenCommunications" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SolicitingMaterial" xlink:type="locator" xlink:label="dei_SolicitingMaterial" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementTenderOffer" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementIssuerTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementIssuerTenderOffer" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Security12bTitle" xlink:type="locator" xlink:label="dei_Security12bTitle" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_TradingSymbol" xlink:type="locator" xlink:label="dei_TradingSymbol" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityExchangeName" xlink:type="locator" xlink:label="dei_SecurityExchangeName" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityEmergingGrowthCompany" xlink:type="locator" xlink:label="dei_EntityEmergingGrowthCompany" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="mstr_DocumentAndEntityInformationTable" order="1" priority="2" use="optional" xbrldt:contextElement="segment" xbrldt:closed="true" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="mstr_DocumentAndEntityInformationTable" xlink:to="us-gaap_StatementClassOfStockAxis" order="1" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="us-gaap_StatementClassOfStockAxis" xlink:to="us-gaap_ClassOfStockDomain" order="23" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="us-gaap_StatementClassOfStockAxis" xlink:to="us-gaap_ClassOfStockDomain_2" order="23.0001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="us-gaap_ClassOfStockDomain" xlink:to="mstr_M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember" order="24" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="us-gaap_ClassOfStockDomain" xlink:to="mstr_VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember" order="25" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="us-gaap_ClassOfStockDomain" xlink:to="mstr_M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember" order="26" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="us-gaap_ClassOfStockDomain" xlink:to="mstr_M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember" order="27" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="us-gaap_ClassOfStockDomain" xlink:to="us-gaap_CommonStockMember" order="28" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_AmendmentFlag" order="30.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityCentralIndexKey" order="31.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_DocumentType" order="35.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_DocumentPeriodEndDate" order="36.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityRegistrantName" order="37.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityIncorporationStateCountryCode" order="38.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityFileNumber" order="39.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityTaxIdentificationNumber" order="40.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityAddressAddressLine1" order="41.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityAddressCityOrTown" order="42.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityAddressStateOrProvince" order="43.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityAddressPostalZipCode" order="44.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_CityAreaCode" order="45.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_LocalPhoneNumber" order="46.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_WrittenCommunications" order="47.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_SolicitingMaterial" order="48.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_PreCommencementTenderOffer" order="49.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_PreCommencementIssuerTenderOffer" order="50.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_Security12bTitle" order="51.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_TradingSymbol" order="52.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_SecurityExchangeName" order="53.001" priority="2" use="optional" />
    <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityEmergingGrowthCompany" order="54.001" priority="2" use="optional" />
  </link:definitionLink>
</linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>5
<FILENAME>mstr-20251103_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii" standalone="yes"?>
<!-- DFIN - https://www.dfinsolutions.com/ -->
<!-- CTU Version: Release 2512 Build:20250722.1 -->
<!-- Creation date: 11/4/2025 3:20:28 AM Eastern Time -->
<!-- Copyright (c) 2025 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
<link:linkbase
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink"
  xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
  xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CoverAbstract" xlink:type="locator" xlink:label="dei_CoverAbstract" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CoverAbstract" xlink:to="dei_CoverAbstract_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_CoverAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Cover [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_CoverAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cover [Abstract]</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentFlag" xlink:type="locator" xlink:label="dei_AmendmentFlag" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_AmendmentFlag_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Amendment Flag</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_AmendmentFlag_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amendment Flag</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCentralIndexKey" xlink:type="locator" xlink:label="dei_EntityCentralIndexKey" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Central Index Key</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Central Index Key</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentType" xlink:type="locator" xlink:label="dei_DocumentType" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_DocumentType_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document Type</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_DocumentType_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Type</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodEndDate" xlink:type="locator" xlink:label="dei_DocumentPeriodEndDate" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document Period End Date</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Period End Date</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityRegistrantName" xlink:type="locator" xlink:label="dei_EntityRegistrantName" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityRegistrantName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Registrant Name</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityRegistrantName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Registrant Name</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityIncorporationStateCountryCode" xlink:type="locator" xlink:label="dei_EntityIncorporationStateCountryCode" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Incorporation State Country Code</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Incorporation State Country Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFileNumber" xlink:type="locator" xlink:label="dei_EntityFileNumber" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityFileNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity File Number</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityFileNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity File Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityTaxIdentificationNumber" xlink:type="locator" xlink:label="dei_EntityTaxIdentificationNumber" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Tax Identification Number</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Tax Identification Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine1" xlink:type="locator" xlink:label="dei_EntityAddressAddressLine1" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line One</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Address Line One</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCityOrTown" xlink:type="locator" xlink:label="dei_EntityAddressCityOrTown" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, City or Town</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, City or Town</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressStateOrProvince" xlink:type="locator" xlink:label="dei_EntityAddressStateOrProvince" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, State or Province</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, State or Province</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressPostalZipCode" xlink:type="locator" xlink:label="dei_EntityAddressPostalZipCode" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Postal Zip Code</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Postal Zip Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CityAreaCode" xlink:type="locator" xlink:label="dei_CityAreaCode" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_CityAreaCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">City Area Code</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_CityAreaCode_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">City Area Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_LocalPhoneNumber" xlink:type="locator" xlink:label="dei_LocalPhoneNumber" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_LocalPhoneNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Local Phone Number</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_LocalPhoneNumber_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Local Phone Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_WrittenCommunications" xlink:type="locator" xlink:label="dei_WrittenCommunications" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_WrittenCommunications_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Written Communications</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_WrittenCommunications_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Written Communications</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SolicitingMaterial" xlink:type="locator" xlink:label="dei_SolicitingMaterial" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_SolicitingMaterial_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Soliciting Material</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_SolicitingMaterial_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Soliciting Material</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementTenderOffer" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_PreCommencementTenderOffer_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Pre Commencement Tender Offer</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_PreCommencementTenderOffer_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pre Commencement Tender Offer</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementIssuerTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementIssuerTenderOffer" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Pre Commencement Issuer Tender Offer</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Pre Commencement Issuer Tender Offer</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Security12bTitle" xlink:type="locator" xlink:label="dei_Security12bTitle" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_Security12bTitle_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Security 12b Title</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_Security12bTitle_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Security 12b Title</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_TradingSymbol" xlink:type="locator" xlink:label="dei_TradingSymbol" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_TradingSymbol_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Trading Symbol</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_TradingSymbol_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trading Symbol</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityExchangeName" xlink:type="locator" xlink:label="dei_SecurityExchangeName" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_SecurityExchangeName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Security Exchange Name</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_SecurityExchangeName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Security Exchange Name</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityEmergingGrowthCompany" xlink:type="locator" xlink:label="dei_EntityEmergingGrowthCompany" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" />
    <link:label xml:lang="en-US" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Emerging Growth Company</link:label>
    <link:label xml:lang="en-US" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Emerging Growth Company</link:label>
    <link:loc xlink:href="mstr-20251103.xsd#mstr_DocumentAndEntityInformationTable" xlink:type="locator" xlink:label="mstr_DocumentAndEntityInformationTable" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mstr_DocumentAndEntityInformationTable" xlink:to="mstr_DocumentAndEntityInformationTable_lbl" />
    <link:label xml:lang="en-US" xlink:label="mstr_DocumentAndEntityInformationTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document And Entity Information [Table]</link:label>
    <link:label xml:lang="en-US" xlink:label="mstr_DocumentAndEntityInformationTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document And Entity Information [Table]</link:label>
    <link:loc xlink:href="mstr-20251103.xsd#mstr_DocumentAndEntityInformationLineItems" xlink:type="locator" xlink:label="mstr_DocumentAndEntityInformationLineItems" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="mstr_DocumentAndEntityInformationLineItems_lbl" />
    <link:label xml:lang="en-US" xlink:label="mstr_DocumentAndEntityInformationLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document And Entity Information [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:label="mstr_DocumentAndEntityInformationLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document And Entity Information [Line Items]</link:label>
    <link:loc xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementClassOfStockAxis" xlink:type="locator" xlink:label="us-gaap_StatementClassOfStockAxis" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementClassOfStockAxis" xlink:to="us-gaap_StatementClassOfStockAxis_lbl" />
    <link:label xml:lang="en-US" xlink:label="us-gaap_StatementClassOfStockAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Class of Stock [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:label="us-gaap_StatementClassOfStockAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class of Stock [Axis]</link:label>
    <link:loc xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ClassOfStockDomain" xlink:type="locator" xlink:label="us-gaap_ClassOfStockDomain" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ClassOfStockDomain" xlink:to="us-gaap_ClassOfStockDomain_lbl" />
    <link:label xml:lang="en-US" xlink:label="us-gaap_ClassOfStockDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Class of Stock [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:label="us-gaap_ClassOfStockDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class of Stock [Domain]</link:label>
    <link:loc xlink:href="mstr-20251103.xsd#mstr_M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember" xlink:type="locator" xlink:label="mstr_M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mstr_M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember" xlink:to="mstr_M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember_lbl" />
    <link:label xml:lang="en-US" xlink:label="mstr_M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">M 10.00 Series A Perpetual Strife Preferred Stock 0.001 Par Value Per Share [Member]</link:label>
    <link:label xml:lang="en-US" xlink:label="mstr_M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">M 10.00 Series A Perpetual Strife Preferred Stock 0.001 Par Value Per Share [Member]</link:label>
    <link:loc xlink:href="mstr-20251103.xsd#mstr_VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember" xlink:type="locator" xlink:label="mstr_VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mstr_VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember" xlink:to="mstr_VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember_lbl" />
    <link:label xml:lang="en-US" xlink:label="mstr_VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Variable Rate Series A Perpetual Stretch Preferred Stock 0.001 Par Value Per Share [Member]</link:label>
    <link:label xml:lang="en-US" xlink:label="mstr_VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variable Rate Series A Perpetual Stretch Preferred Stock 0.001 Par Value Per Share [Member]</link:label>
    <link:loc xlink:href="mstr-20251103.xsd#mstr_M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember" xlink:type="locator" xlink:label="mstr_M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mstr_M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember" xlink:to="mstr_M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember_lbl" />
    <link:label xml:lang="en-US" xlink:label="mstr_M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">M 8.00 Series A Perpetual Strike Preferred Stock 0.001 Par Value Per Share [Member]</link:label>
    <link:label xml:lang="en-US" xlink:label="mstr_M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">M 8.00 Series A Perpetual Strike Preferred Stock 0.001 Par Value Per Share [Member]</link:label>
    <link:loc xlink:href="mstr-20251103.xsd#mstr_M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember" xlink:type="locator" xlink:label="mstr_M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mstr_M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember" xlink:to="mstr_M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember_lbl" />
    <link:label xml:lang="en-US" xlink:label="mstr_M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">M 10.00 Series A Perpetual Stride Preferred Stock 0.001 Par Value Per Share [Member]</link:label>
    <link:label xml:lang="en-US" xlink:label="mstr_M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">M 10.00 Series A Perpetual Stride Preferred Stock 0.001 Par Value Per Share [Member]</link:label>
    <link:loc xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockMember" xlink:type="locator" xlink:label="us-gaap_CommonStockMember" />
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockMember" xlink:to="us-gaap_CommonStockMember_lbl" />
    <link:label xml:lang="en-US" xlink:label="us-gaap_CommonStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock [Member]</link:label>
    <link:label xml:lang="en-US" xlink:label="us-gaap_CommonStockMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common Stock [Member]</link:label>
  </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>6
<FILENAME>mstr-20251103_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="us-ascii" standalone="yes"?>
<!-- DFIN - https://www.dfinsolutions.com/ -->
<!-- CTU Version: Release 2512 Build:20250722.1 -->
<!-- Creation date: 11/4/2025 3:20:28 AM Eastern Time -->
<!-- Copyright (c) 2025 Donnelley Financial Solutions, Inc. All Rights Reserved. -->
<link:linkbase
    xmlns:link="http://www.xbrl.org/2003/linkbase"
    xmlns:xlink="http://www.w3.org/1999/xlink"
    xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
    xmlns:xbrldt="http://xbrl.org/2005/xbrldt"
    xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation" xlink:href="mstr-20251103.xsd#Role_DocumentDocumentAndEntityInformation" xlink:type="simple" />
  <link:presentationLink xlink:type="extended" xlink:role="http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation">
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CoverAbstract" xlink:type="locator" xlink:label="dei_CoverAbstract" />
    <link:loc xlink:href="mstr-20251103.xsd#mstr_DocumentAndEntityInformationTable" xlink:type="locator" xlink:label="mstr_DocumentAndEntityInformationTable" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="mstr_DocumentAndEntityInformationTable" order="21" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="mstr-20251103.xsd#mstr_DocumentAndEntityInformationLineItems" xlink:type="locator" xlink:label="mstr_DocumentAndEntityInformationLineItems" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationTable" xlink:to="mstr_DocumentAndEntityInformationLineItems" order="22" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementClassOfStockAxis" xlink:type="locator" xlink:label="us-gaap_StatementClassOfStockAxis" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationTable" xlink:to="us-gaap_StatementClassOfStockAxis" order="1" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ClassOfStockDomain" xlink:type="locator" xlink:label="us-gaap_ClassOfStockDomain" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementClassOfStockAxis" xlink:to="us-gaap_ClassOfStockDomain" order="23" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="mstr-20251103.xsd#mstr_M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember" xlink:type="locator" xlink:label="mstr_M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockDomain" xlink:to="mstr_M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember" order="24" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="mstr-20251103.xsd#mstr_VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember" xlink:type="locator" xlink:label="mstr_VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockDomain" xlink:to="mstr_VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember" order="25" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="mstr-20251103.xsd#mstr_M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember" xlink:type="locator" xlink:label="mstr_M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockDomain" xlink:to="mstr_M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember" order="26" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="mstr-20251103.xsd#mstr_M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember" xlink:type="locator" xlink:label="mstr_M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockDomain" xlink:to="mstr_M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember" order="27" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockMember" xlink:type="locator" xlink:label="us-gaap_CommonStockMember" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockDomain" xlink:to="us-gaap_CommonStockMember" order="28" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentFlag" xlink:type="locator" xlink:label="dei_AmendmentFlag" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_AmendmentFlag" order="30.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCentralIndexKey" xlink:type="locator" xlink:label="dei_EntityCentralIndexKey" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityCentralIndexKey" order="31.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentType" xlink:type="locator" xlink:label="dei_DocumentType" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_DocumentType" order="35.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodEndDate" xlink:type="locator" xlink:label="dei_DocumentPeriodEndDate" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_DocumentPeriodEndDate" order="36.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityRegistrantName" xlink:type="locator" xlink:label="dei_EntityRegistrantName" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityRegistrantName" order="37.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityIncorporationStateCountryCode" xlink:type="locator" xlink:label="dei_EntityIncorporationStateCountryCode" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityIncorporationStateCountryCode" order="38.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFileNumber" xlink:type="locator" xlink:label="dei_EntityFileNumber" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityFileNumber" order="39.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityTaxIdentificationNumber" xlink:type="locator" xlink:label="dei_EntityTaxIdentificationNumber" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityTaxIdentificationNumber" order="40.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine1" xlink:type="locator" xlink:label="dei_EntityAddressAddressLine1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityAddressAddressLine1" order="41.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCityOrTown" xlink:type="locator" xlink:label="dei_EntityAddressCityOrTown" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityAddressCityOrTown" order="42.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressStateOrProvince" xlink:type="locator" xlink:label="dei_EntityAddressStateOrProvince" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityAddressStateOrProvince" order="43.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressPostalZipCode" xlink:type="locator" xlink:label="dei_EntityAddressPostalZipCode" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityAddressPostalZipCode" order="44.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CityAreaCode" xlink:type="locator" xlink:label="dei_CityAreaCode" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_CityAreaCode" order="45.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_LocalPhoneNumber" xlink:type="locator" xlink:label="dei_LocalPhoneNumber" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_LocalPhoneNumber" order="46.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_WrittenCommunications" xlink:type="locator" xlink:label="dei_WrittenCommunications" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_WrittenCommunications" order="47.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SolicitingMaterial" xlink:type="locator" xlink:label="dei_SolicitingMaterial" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_SolicitingMaterial" order="48.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementTenderOffer" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_PreCommencementTenderOffer" order="49.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementIssuerTenderOffer" xlink:type="locator" xlink:label="dei_PreCommencementIssuerTenderOffer" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_PreCommencementIssuerTenderOffer" order="50.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Security12bTitle" xlink:type="locator" xlink:label="dei_Security12bTitle" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_Security12bTitle" order="51.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_TradingSymbol" xlink:type="locator" xlink:label="dei_TradingSymbol" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_TradingSymbol" order="52.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityExchangeName" xlink:type="locator" xlink:label="dei_SecurityExchangeName" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_SecurityExchangeName" order="53.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityEmergingGrowthCompany" xlink:type="locator" xlink:label="dei_EntityEmergingGrowthCompany" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="mstr_DocumentAndEntityInformationLineItems" xlink:to="dei_EntityEmergingGrowthCompany" order="54.001" priority="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
  </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>g79833image1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g79833image1.jpg
M_]C_X  02D9)1@ ! @$ E@"6  #_VP!#  $! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_
MVP!# 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_P  1" !  .L# 2(  A$! Q$!_\0
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M_A&MWV_^WK?;]MQ]C;[/F?[0_P""R?\ R</\./\ LC&E_P#J<>.:]=_X)U?
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M^">>O_LMZ)8_$+PQXHF\>?#6\U&#1]1N[W38]-U_PKJ5X'_L]=5BM9KBSO\
M2]0>)X(-7MQ9"&_>"PN;&)[BTGN_C+X#?\ER^#/_ &5?X=_^I?H]?#\9^*7T
MCLCXQRK@_C'BK/.&,XP]/*\LK++JN$HTL?AL7C*OU?.7++Y2R['5JM+$>PEB
ML(Z<*JP4*6(C'&TL5)_H7 ?@]]%;B+@7.>.N!>#.'N+LBQ-7.,VH?VK1QU>M
MEF+P6 H_6<A4<T4<TR^A1K87ZS'!XU59T7CZE;"SE@*V$BOO3_A[U^U5_P!
MKX1#_N4=>_KXP-?O/^RQ\=M/_:.^!_@OXH6PM;?5M0LVTOQ?I=F6$.C^,=(V
MVNO6,<<DDLL%K-/LU32XIY99_P"QM1TZ261WD+'^<;_@HK^S?_PS]\?=4N]"
ML/LOP\^)YO/&7@[R8O+L].NIKD'Q1X8AVA8T&B:K<+<6=M$HCM="U;18=S2)
M(1[C_P $F?VA/^%??%W4_@MK]]Y7A;XN(DFA>?)MM]/^(.D6\C6*Q[B(X?\
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MFMZ$D2:)XC\56MDL>O:WI;P!8+N"XF\JWFU.!?(UB^M;O5H9KR*]2^N?9?\
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M5<21QJS++Z..C3JJACL!#,\1@YR=.I5PV(HX?%U,/6PM:DL1^H>&L^$?I/\
MT6<#X<K/%EF:9?PQP[PMGL,,J=;,<BSGA26 >4YG7RZ56B\1EV95,HPN.@HU
M*5#%8>MBL%2Q6'QF'K/#?VM?&GXM>#/@C\-O%/Q%\=:A9V>C:'IEW+#9W,T2
M7&OZH;>4Z=X=TR"4YO=2UBX5;2WMHU? >2>?R[6"XFC_ (G&.YF; 7))VKG:
MN3G"Y).!T&23CJ37J7A_3/BY\>/%&B^#M+N/%_Q%\0O'*FF65_JNIZU_9EA
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ML30I4\RK9!Q#AL#B\'C<ESW*UBL-5O3HYAC,/.'UC#S;^JYEA:F)PCIQQ/\
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M8F*W6I:C.)=9MI5/GE)93''"B?EMH7_!.#X@']D#QG)K/P0N?^&H!\3[4>%
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.8(****]\^;"BBB@#_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>9
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.3</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Document and Entity Information<br></strong></div></th>
<th class="th"><div>Nov. 03, 2025</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_mstr_DocumentAndEntityInformationLineItems', window );"><strong>Document And Entity Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001050446<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Nov.  03,  2025<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">STRATEGY INC<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation State Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-42509<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">51-0323571<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">1850 Towers Crescent Plaza<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Tysons Corner<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">VA<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">22182<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">(703)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">848-8600<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre Commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre Commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=mstr_M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember', window );">M 10.00 Series A Perpetual Strife Preferred Stock 0.001 Par Value Per Share [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_mstr_DocumentAndEntityInformationLineItems', window );"><strong>Document And Entity Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Security 12b Title</a></td>
<td class="text">10.00% Series A Perpetual Strife Preferred Stock, $0.001 par value per share<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">STRF<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=mstr_VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember', window );">Variable Rate Series A Perpetual Stretch Preferred Stock 0.001 Par Value Per Share [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_mstr_DocumentAndEntityInformationLineItems', window );"><strong>Document And Entity Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Security 12b Title</a></td>
<td class="text">Variable Rate Series A Perpetual Stretch Preferred Stock, $0.001 par value per share<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">STRC<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=mstr_M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember', window );">M 8.00 Series A Perpetual Strike Preferred Stock 0.001 Par Value Per Share [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_mstr_DocumentAndEntityInformationLineItems', window );"><strong>Document And Entity Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Security 12b Title</a></td>
<td class="text">8.00% Series A Perpetual Strike Preferred Stock, $0.001 par value per share<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">STRK<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=mstr_M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember', window );">M 10.00 Series A Perpetual Stride Preferred Stock 0.001 Par Value Per Share [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_mstr_DocumentAndEntityInformationLineItems', window );"><strong>Document And Entity Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Security 12b Title</a></td>
<td class="text">10.00% Series A Perpetual Stride Preferred Stock, $0.001 par value per share<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">STRD<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=us-gaap_CommonStockMember', window );">Common Stock [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_mstr_DocumentAndEntityInformationLineItems', window );"><strong>Document And Entity Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Security 12b Title</a></td>
<td class="text">Class&#160;A common stock, $0.001 par value per share<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">MSTR<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14a<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mstr_DocumentAndEntityInformationLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mstr_DocumentAndEntityInformationLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mstr_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=mstr_M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=mstr_M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=mstr_VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=mstr_VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=mstr_M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=mstr_M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=mstr_M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=mstr_M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=us-gaap_CommonStockMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=us-gaap_CommonStockMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>10
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>11
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
.report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

.report table.authRefData a {
	display: block;
	font-weight: bold;
}

.report table.authRefData p {
	margin-top: 0px;
}

.report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

.report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

.report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

.report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
.pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
.report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

.report hr {
	border: 1px solid #acf;
}

/* Top labels */
.report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

.report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

.report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

.report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

.report td.pl div.a {
	width: 200px;
}

.report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
.report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
.report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
.report .re, .report .reu {
	background-color: #def;
}

.report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
.report .ro, .report .rou {
	background-color: white;
}

.report .rou td {
	border-bottom: 1px solid black;
}

.report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
.report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
.report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

.report .nump {
	padding-left: 2em;
}

.report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
.report .text {
	text-align: left;
	white-space: normal;
}

.report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

.report .text .more {
	display: none;
}

.report .text .note {
	font-style: italic;
	font-weight: bold;
}

.report .text .small {
	width: 10em;
}

.report sup {
	font-style: italic;
}

.report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>13
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.25.3</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>6</ContextCount>
  <ElementCount>22</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>5</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>0</UnitCount>
  <MyReports>
    <Report instance="d79833d8k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>100000 - Document - Document and Entity Information</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation</Role>
      <ShortName>Document and Entity Information</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File doctype="8-K" isOnlyDei="true" isUsgaap="true" original="d79833d8k.htm">d79833d8k.htm</File>
    <File>mstr-20251103.xsd</File>
    <File>mstr-20251103_def.xml</File>
    <File>mstr-20251103_lab.xml</File>
    <File>mstr-20251103_pre.xml</File>
  </InputFiles>
  <SupplementalFiles>
    <File>g79833image1.jpg</File>
  </SupplementalFiles>
  <BaseTaxonomies>
    <BaseTaxonomy items="34">http://xbrl.sec.gov/dei/2025</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>false</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>15
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "version": "2.2",
 "instance": {
  "d79833d8k.htm": {
   "nsprefix": "mstr",
   "nsuri": "http://www.strategysoftware.com/20251103",
   "dts": {
    "inline": {
     "local": [
      "d79833d8k.htm"
     ]
    },
    "schema": {
     "local": [
      "mstr-20251103.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/2006/ref-2006-02-27.xsd",
      "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd",
      "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd",
      "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd",
      "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd",
      "https://www.xbrl.org/dtr/type/2024-01-31/types.xsd",
      "https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd",
      "https://xbrl.fasb.org/srt/2025/elts/srt-roles-2025.xsd",
      "https://xbrl.fasb.org/srt/2025/elts/srt-types-2025.xsd",
      "https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd",
      "https://xbrl.fasb.org/us-gaap/2025/elts/us-roles-2025.xsd",
      "https://xbrl.fasb.org/us-gaap/2025/elts/us-types-2025.xsd",
      "https://xbrl.sec.gov/country/2025/country-2025.xsd",
      "https://xbrl.sec.gov/dei/2025/dei-2025.xsd",
      "https://xbrl.sec.gov/naics/2025/naics-2025.xsd",
      "https://xbrl.sec.gov/stpr/2025/stpr-2025.xsd"
     ]
    },
    "definitionLink": {
     "local": [
      "mstr-20251103_def.xml"
     ]
    },
    "labelLink": {
     "local": [
      "mstr-20251103_lab.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "mstr-20251103_pre.xml"
     ]
    }
   },
   "keyStandard": 22,
   "keyCustom": 0,
   "axisStandard": 1,
   "axisCustom": 0,
   "memberStandard": 1,
   "memberCustom": 4,
   "hidden": {
    "total": 2,
    "http://xbrl.sec.gov/dei/2025": 2
   },
   "contextCount": 6,
   "entityCount": 1,
   "segmentCount": 5,
   "elementCount": 32,
   "unitCount": 0,
   "baseTaxonomies": {
    "http://xbrl.sec.gov/dei/2025": 34
   },
   "report": {
    "R1": {
     "role": "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation",
     "longName": "100000 - Document - Document and Entity Information",
     "shortName": "Document and Entity Information",
     "isDefault": "true",
     "groupType": "document",
     "subGroupType": "",
     "menuCat": "Cover",
     "order": "1",
     "firstAnchor": {
      "contextRef": "duration_2025-11-03_to_2025-11-03",
      "name": "dei:DocumentType",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "span",
       "p",
       "div",
       "div",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "d79833d8k.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "duration_2025-11-03_to_2025-11-03",
      "name": "dei:DocumentType",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "span",
       "p",
       "div",
       "div",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "d79833d8k.htm",
      "first": true,
      "unique": true
     }
    }
   },
   "tag": {
    "dei_AmendmentFlag": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "AmendmentFlag",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Amendment Flag",
        "terseLabel": "Amendment Flag",
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission."
       }
      }
     },
     "auth_ref": []
    },
    "dei_CityAreaCode": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "CityAreaCode",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "City Area Code",
        "terseLabel": "City Area Code",
        "documentation": "Area code of city"
       }
      }
     },
     "auth_ref": []
    },
    "us-gaap_ClassOfStockDomain": {
     "xbrltype": "domainItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "ClassOfStockDomain",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Class of Stock [Domain]",
        "terseLabel": "Class of Stock [Domain]"
       }
      }
     },
     "auth_ref": []
    },
    "us-gaap_CommonStockMember": {
     "xbrltype": "domainItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "CommonStockMember",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Common Stock [Member]",
        "terseLabel": "Common Stock [Member]"
       }
      }
     },
     "auth_ref": []
    },
    "dei_CoverAbstract": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "CoverAbstract",
     "lang": {
      "en-us": {
       "role": {
        "label": "Cover [Abstract]",
        "terseLabel": "Cover [Abstract]",
        "documentation": "Cover page."
       }
      }
     },
     "auth_ref": []
    },
    "mstr_DocumentAndEntityInformationLineItems": {
     "xbrltype": "stringItemType",
     "nsuri": "http://www.strategysoftware.com/20251103",
     "localname": "DocumentAndEntityInformationLineItems",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document And Entity Information [Line Items]",
        "terseLabel": "Document And Entity Information [Line Items]"
       }
      }
     },
     "auth_ref": []
    },
    "mstr_DocumentAndEntityInformationTable": {
     "xbrltype": "stringItemType",
     "nsuri": "http://www.strategysoftware.com/20251103",
     "localname": "DocumentAndEntityInformationTable",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document And Entity Information [Table]",
        "terseLabel": "Document And Entity Information [Table]"
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentPeriodEndDate": {
     "xbrltype": "dateItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentPeriodEndDate",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Period End Date",
        "terseLabel": "Document Period End Date",
        "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD."
       }
      }
     },
     "auth_ref": []
    },
    "dei_DocumentType": {
     "xbrltype": "submissionTypeItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "DocumentType",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Document Type",
        "terseLabel": "Document Type",
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressAddressLine1": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityAddressAddressLine1",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Address Line One",
        "terseLabel": "Entity Address, Address Line One",
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressCityOrTown": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityAddressCityOrTown",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, City or Town",
        "terseLabel": "Entity Address, City or Town",
        "documentation": "Name of the City or Town"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressPostalZipCode": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityAddressPostalZipCode",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, Postal Zip Code",
        "terseLabel": "Entity Address, Postal Zip Code",
        "documentation": "Code for the postal or zip code"
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityAddressStateOrProvince": {
     "xbrltype": "stateOrProvinceItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityAddressStateOrProvince",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Address, State or Province",
        "terseLabel": "Entity Address, State or Province",
        "documentation": "Name of the state or province."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityCentralIndexKey": {
     "xbrltype": "centralIndexKeyItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityCentralIndexKey",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Central Index Key",
        "terseLabel": "Entity Central Index Key",
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_EntityEmergingGrowthCompany": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityEmergingGrowthCompany",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Emerging Growth Company",
        "terseLabel": "Entity Emerging Growth Company",
        "documentation": "Indicate if registrant meets the emerging growth company criteria."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_EntityFileNumber": {
     "xbrltype": "fileNumberItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityFileNumber",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity File Number",
        "terseLabel": "Entity File Number",
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityIncorporationStateCountryCode": {
     "xbrltype": "edgarStateCountryItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityIncorporationStateCountryCode",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Incorporation State Country Code",
        "terseLabel": "Entity Incorporation State Country Code",
        "documentation": "Two-character EDGAR code representing the state or country of incorporation."
       }
      }
     },
     "auth_ref": []
    },
    "dei_EntityRegistrantName": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityRegistrantName",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Registrant Name",
        "terseLabel": "Entity Registrant Name",
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_EntityTaxIdentificationNumber": {
     "xbrltype": "employerIdItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityTaxIdentificationNumber",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Tax Identification Number",
        "terseLabel": "Entity Tax Identification Number",
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "dei_LocalPhoneNumber": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "LocalPhoneNumber",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Local Phone Number",
        "terseLabel": "Local Phone Number",
        "documentation": "Local phone number for entity."
       }
      }
     },
     "auth_ref": []
    },
    "mstr_M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember": {
     "xbrltype": "domainItemType",
     "nsuri": "http://www.strategysoftware.com/20251103",
     "localname": "M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "M 10.00 Series A Perpetual Stride Preferred Stock 0.001 Par Value Per Share [Member]",
        "terseLabel": "M 10.00 Series A Perpetual Stride Preferred Stock 0.001 Par Value Per Share [Member]"
       }
      }
     },
     "auth_ref": []
    },
    "mstr_M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember": {
     "xbrltype": "domainItemType",
     "nsuri": "http://www.strategysoftware.com/20251103",
     "localname": "M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "M 10.00 Series A Perpetual Strife Preferred Stock 0.001 Par Value Per Share [Member]",
        "terseLabel": "M 10.00 Series A Perpetual Strife Preferred Stock 0.001 Par Value Per Share [Member]"
       }
      }
     },
     "auth_ref": []
    },
    "mstr_M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember": {
     "xbrltype": "domainItemType",
     "nsuri": "http://www.strategysoftware.com/20251103",
     "localname": "M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "M 8.00 Series A Perpetual Strike Preferred Stock 0.001 Par Value Per Share [Member]",
        "terseLabel": "M 8.00 Series A Perpetual Strike Preferred Stock 0.001 Par Value Per Share [Member]"
       }
      }
     },
     "auth_ref": []
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "PreCommencementIssuerTenderOffer",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Pre Commencement Issuer Tender Offer",
        "terseLabel": "Pre Commencement Issuer Tender Offer",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r3"
     ]
    },
    "dei_PreCommencementTenderOffer": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "PreCommencementTenderOffer",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Pre Commencement Tender Offer",
        "terseLabel": "Pre Commencement Tender Offer",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r5"
     ]
    },
    "dei_Security12bTitle": {
     "xbrltype": "securityTitleItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "Security12bTitle",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Security 12b Title",
        "terseLabel": "Security 12b Title",
        "documentation": "Title of a 12(b) registered security."
       }
      }
     },
     "auth_ref": [
      "r0"
     ]
    },
    "dei_SecurityExchangeName": {
     "xbrltype": "edgarExchangeCodeItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "SecurityExchangeName",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Security Exchange Name",
        "terseLabel": "Security Exchange Name",
        "documentation": "Name of the Exchange on which a security is registered."
       }
      }
     },
     "auth_ref": [
      "r2"
     ]
    },
    "dei_SolicitingMaterial": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "SolicitingMaterial",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Soliciting Material",
        "terseLabel": "Soliciting Material",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act."
       }
      }
     },
     "auth_ref": [
      "r4"
     ]
    },
    "us-gaap_StatementClassOfStockAxis": {
     "xbrltype": "stringItemType",
     "nsuri": "http://fasb.org/us-gaap/2025",
     "localname": "StatementClassOfStockAxis",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Class of Stock [Axis]",
        "terseLabel": "Class of Stock [Axis]"
       }
      }
     },
     "auth_ref": []
    },
    "dei_TradingSymbol": {
     "xbrltype": "tradingSymbolItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "TradingSymbol",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Trading Symbol",
        "terseLabel": "Trading Symbol",
        "documentation": "Trading symbol of an instrument as listed on an exchange."
       }
      }
     },
     "auth_ref": []
    },
    "mstr_VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember": {
     "xbrltype": "domainItemType",
     "nsuri": "http://www.strategysoftware.com/20251103",
     "localname": "VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Variable Rate Series A Perpetual Stretch Preferred Stock 0.001 Par Value Per Share [Member]",
        "terseLabel": "Variable Rate Series A Perpetual Stretch Preferred Stock 0.001 Par Value Per Share [Member]"
       }
      }
     },
     "auth_ref": []
    },
    "dei_WrittenCommunications": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "WrittenCommunications",
     "presentation": [
      "http://www.strategysoftware.com//20251103/taxonomy/role/DocumentDocumentAndEntityInformation"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Written Communications",
        "terseLabel": "Written Communications",
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act."
       }
      }
     },
     "auth_ref": [
      "r6"
     ]
    }
   }
  }
 },
 "std_ref": {
  "r0": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "b"
  },
  "r1": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r2": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "d1-1"
  },
  "r3": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "13e",
   "Subsection": "4c"
  },
  "r4": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "14a",
   "Subsection": "12"
  },
  "r5": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "14d",
   "Subsection": "2b"
  },
  "r6": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230",
   "Section": "425"
  }
 }
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>16
<FILENAME>0001193125-25-262819-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001193125-25-262819-xbrl.zip
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MJC1.J3ZZ&<9)M.]=C6\SPZ\L2&;/"V*FHX]2JNU:(WB&F-8N_Q]02P,$%
M  @ S8IC6V?4W+ ,&0  6%,  !    !D-SDX,S-D97@Y.3$N:'1M[5Q;<QLW
MLGYG%?\#2EM)254D14J6K%M4JPN=:&U+6E%.-N<-G %)1,,9!C,CFN?7GZ\;
MP%QXD1VO[;,/FTK)TER 1E^_;C3F[)?']^_.SW[I7UR?-QMGCS>/[_KG_7^U
MCX\[O;-=^R>N[[H'Q-GEW?7OXO+GJ[MW=P\_;?WVR\UC?TL,'G]_U_]I*]*Q
M:D^4'D^RD]O$3&6T=2Z:#;Q_I>),F?.SZYM?_<-S'6:3DZ/.@8ZWA(ST.,8
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MLA4[':ZHI\VX8C9B:]OEK4P^46QW6) 3!@_6E_!!LU%G[#(;ATBZ/H>-Q*Y
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M9)[!5OCX='GV]K)RAEZ&SPDW;),W)P]N +H8$B"N<@>Q/UA_AQG\6IJ-M/@
M0.H:O5UQSA[MJN"\9S"!^^[4V"B'WOR>K/H(1)?;OGU/U; ,O7RL-K9]A77G
MX_N=*]P:Z8\J;.,6=71K.%+#J4JZ="9BKBHTADC:S*(-/QAR1OG)@X87-^T9
M0B[\J3]LR(8)6?/Q-!DM (52>+=1-N<&!O#7BH\E9/-46@Z%7J"*,9?C^HBV
M"\XE6?$BY=LIZ90F_HB2&0=0R,*>B-.VL@KV191^Z#@&U/5.MQ"O[8CT'\;
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MC%9N8.6ZG*Q8.;CZQQHB;/J\?-5F?\M7*9U9N59[G<O^D#@=K<*BC2T4V/I
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M-C"E E9U EM$VZQT7.AR#>]K:Q "\4H^N;W^PEORV1K_>2M[$L2?SH63XBH
M60(I123UU(4XI&MCZ4]8Y:P!]N3T)O)X&\?6G>JV$2,T5W8_6D7@?;967RWI
M?X?*427AW@1#OLYI_(DVM/7Z#_E'$FKYS9M=KHJ/P+DT')+XQDO4YN\^@:6^
M[Q?*08!]=]>_XR)_4?/_ %!+ P04    " #-BF-;F$Y2;WTX  #C.0  $
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M I\VI=^44K2W?=;J$C,S*OJ[ZM]GA;8Y"7'8IL;FEI:T>WY_T/VPXDM +)C
M5+?,!]%YG,<];^&F'F.UI&FJHS[:D'@2K?.$)^;K*B%(-E,/XJTDINCO']EM
MV6M1]KA::#9:M.<S:,J8(B+6@1/6*S-$,B$TLYITTF_>1_9^^.H4V$;2P)QR
MW'+RD# ")PP'$"6TJ7DL;R=VCR8K%2\[PC'/D'$ET59OTK9'4<9+L.N7@&X7
M,JMGL_\B\1RKG$3BNU[Y9?;L1DTQ9&9AKFX@)Y"OEY^EXY"U,LG#*\2?^JS=
M@V>]9A+]'L1+9H-"\$?YPL3G:_8B?6<^#=WL17Q9^;/FX]52SY?I?/S^F;K;
M.'T4A[0J5<*1!ZG:K%Q3IS>3E0)(7Z'.EX#($/(4B H*"L:-!':?\(OB9_(H
M[7;.T&^#G^-DBQ;[2]9;IX*:FFIGG>LC%4-]43<;RXYV[S\OZ6B/E.&\!#P$
MU8KLG5\"Z/^>/R""GTY[1WQ?2^%^3QA+[I@[L5_T;!MII#;Z@5Q2_S8&#S*K
MG922;.X0K1"N"KRE.7=ZP?@5R*SYP?H2P./<HM^[E_1LJ'XI.[0:)#="?&-]
MR\/(O#S<5J(D,IV64[V!@][WKJ7O'%??>+<SKZQ,V:-)Q/J*KA]=5V*'(O;$
MOK^+.8"NUS6K.HP^1W+PE9$(G/G7L?/CU#[7X\";KK=EY[MH(?3RF)*1S,=Z
M78Z12082VY;F'A=56C 9&,<E8+4(UL01'2%!>H;OCR:8+ S]@U_I->9Q5U/,
MPC-B<CYYE+B3A::.+C3GEGX2C<(JHJA*.F2Y?KMFXTSR7TY\%Y!'+"#FJ'%_
M>QF300TQ401*G&]+_CV"RT&<NB5R:2=@VT8SL=[&([MBT5KKA.\6QG#R!^;F
MS9?ZYJG&G>+MT.DS)!SQ-)F&()THST_S[=6R2,_&O"NK;+^3^,8<;PUCQF"Z
M=1)F-8 VS5LX,+E7+[ J#BDF!K'2-IM:5S5-?9:QEB]RP='Q")_S[A6:"?))
M$4OOH)^S)E=YBX<Q=8.K7T0^VGN%(F[8?Z+F"<^']3GWR6AZ(:M9_WZSSYXM
MVDQE-S:!C5N%\1>_R'ZT]PO?_M<IO@Y;=,:!$\F,$<,@M@@!DL;TIR<$>,P^
M2>Q,J4P84;I3YKZ 2(;*%BY_<JQ8 'O,\OOFE3D\I!JI+)2_GRWS28<WCDB)
M/2"*PO?S8#5;KY7!M_=^-77.* SI9PY@5F*^O8S$G=QT?4@@ZMHK:^^U?TR;
M5;6X?@UT@_!DF[F;GS5 V+Z'I)L1H"DM,WQ8J>0'KTA=?35LQ,+I[0#BRS"-
M]LQ<VI2JXM[I CN8)MXWBRP1>V4NI*K'1/Z C]IJQS$FV8EF!\!I77,%(H?D
M$C>Y/N+<-T^3_=X/&'-$#KW:FZC<,OGZ4K6$QG$=/HS'(]4RLX/YW*<3R[29
MHW4O 693S[4B#F'*T6S/'U+]+Q/X$80W12]@(SC=VS;WEJ& A46H%=%"D7GM
M+NYC:1+UN0YX1@$A2 PC,R_^*0\%S8'<_]QH1IXB/ ^;1#YN&!+["L@3"441
MWQUD+S) 6'IE2=Q8W&LTTT R"'N7*8'"AS&ZD/SM$O#>Z_R6:1"8S%RUXD=>
M;EX\60I/ZAK+(O^XNK??+P'?,2252T"];,DE8"=@+?MXA2AB^75L'H$#[36L
MI;!  _'PMS6EC<0,7)7<9E^7<'O4/U.->=<6>QSHVI+N$C@[)P\4AFQU#Z2K
M"]+%OUEPE69KO;!N(+\(."10]S$66_+Y^UKV65L\EVB'M\!C\)#$->K(DK<%
M/6FU0>(;H89V6O3UG4$$T_Z9C),DJYD!QS51-:OR@/?WT+-H!G", ],%>X?:
MVO!:5&#B;U4DF_\ NS.^E1\D4Y6)@TPR9EIB7+BFZ94$E##8E:F"#.S:189V
MT*L]LX+;MC06YF)Z#NA+P'7417D7^PZ07IWQ7,9AR9-;I!?-,+#&,R*KJ.(S
MJ4UXSXV(A^K@3@OPQT?*<M^"->0-I^:O0)V'J9;$3. .C,*V"MK8T;7')$C$
MB,T5W6%<H,#)+IXEL&=V>,9 RBT^6J+X1?F?[C-P JZE8TKZMD#<>T8LC^W0
MR+.;171N)U7?XFE3]C31)>0X]="\ #@\^!"Z$W.[B[+_!5%?<ECF^7I!TF M
MEP-[/FWN.I=1FK?%K325R;*X0BRO-G\I2^7VN;59A>VI]'8=MNO1U^7[V(:E
M*.9$_=[<6Z"D!KL&&822B/2HO,0*EZ5,F1'+>W%'/&3GV,4BG;TM%S^7#5F0
MJ=ASU$MB_(4AT^ICJTPQL":=/N34BW05=2WIF []HJ6GE74K'F_@T4'NZN>O
MO?WB%Y_73P4U.QXFY&E"!I:J>4Y %^7!8_/*.//-) EU#0_<"&,OMSPDI$\3
MV-+NH[2Q:ZC<U(S_N6U3V!TD@7K DV/NGM17\K-DI*/9HN%QJC[5.N(HY/P%
MN8],=5&E_@"9I$TVIH$^Q@\K,T,L^T_2/:!.J!:8F@^CP^1PTX#%CU*$,K-V
MAL5LMOV:QL_HGH& +_.>H#%D?PI1)&5?"V_G %Z&L!OS0YQ^J"?A4F(.0''[
M+#_E1C0VDOA0Z'B%K8)8&JEJ/P65(^(-$OCIQ_:47V.<'?<(MA@@6R""A:A,
MD>U</[CT)#/ P;272_BV:[#<F]9TX2[EV^]'_)F1<66/T]E+Q9K8@^L@GEFO
ME:GOA^G5YQEH\V><-+]S4(;(XPZB3AG?+X5FO3Q][0?')C9$R5=SXNB]!CW<
M/K_*E>*AB.I_.?^YPE$4)^[L@94AM@7)6+59EU("N<[59*,EE,2:#X#=?D11
MQCTT(7MC0)M?K)T8B$O82.948(P]^>$>8/?SZ3\16AFQ5;]K.F0?Z,I+6'RP
M\YRQB<:F*B88_]'_)V]@OYLPU ]K&-N[!%22C(@P?G@ CH</AN'V:=L]D=^Q
M<;;9Y4Y=^"F_:+/B<:B>;^K*89MF[L19D2Q^2N7BXE1)6Y]:67G3Y87_(^H/
MCU:COJES7T1=Q*H;@O;#\(M]EX ZCGYI#F):D*3:@"[A '/ ;+6T8(QCD#?
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M'Y)Y>.&\@]<;4%30D]>UZFK:)0HSEMS5-4H%OG^9[>87//X\\;M5%4P$@QN
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MZ>))T9XZ.!K1I&Z=JB8]"'8I]Y2U=UA8'!#J<0]1&A\)H7\UX/;%#AR>W7]
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M5#6#!./<NNIY1I5HE XM31/3O(<[)HH5=][U)LFVE'=(F,7L/TWS*NH$G<X
M[8(^O0%5@,&/A $&EP&.R0R4@G1@9/)@]:(;JNXH+P$U!V/<YE>0#T$U9=B3
ML:I,U7=MG,J<,O'#ZW1'%;/8/DZY)0F"2<9;EVN_-M]CU:X^K^##PP[DVHNM
M=UFEE=LFW><>W,K8CZQ3=1Q5]W]\_1=02P,$%     @ S8IC6X);0*,I!@
M?#H  !4   !M<W1R+3(P,C4Q,3 S7V1E9BYX;6S=6]MNXS80?2_0?V#=EQ:H
M+,N)=S=&W(6;R\+H9A/$WFW1EX"6QC:Q%&F05&+_?4E:3'R1'2F5=AL]V9)G
M#L\97C2:@4_?+V**[D%(PEFO$31;#00LY!%ATUXCD1Z6(2&-][__^,/I3YZ'
MSB\'GY"'9DK-9=?W'QX>FM&$,,EIHC2";(8\]I'G.?NST6?T987>1;=  4M
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M7+B;%(^!KK#S(/EE,]11AX&"6);"<@WM,%.77=@-,<%R;'>%3D:F&,_M%/I
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MJX)3Z,$(F<_/O4ZN3:F$AC]>2#Y2,RP@2ZPL"\)0-Z'PG#.>+ )C&USQ:)H
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M,S-D.&LN:'1M4$L! A0#%     @ S8IC6V?4W+ ,&0  6%,  !
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M,#(U,3$P,U]L86(N>&UL4$L! A0#%     @ S8IC6Q=F?4OB!0  R#X  !4
M             ( !M'8  &US='(M,C R-3$Q,#-?<')E+GAM;%!+!08
.!P ' +\!  #)?      !

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>17
<FILENAME>d79833d8k_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2025"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:mstr="http://www.strategysoftware.com/20251103"
  xmlns:us-gaap="http://fasb.org/us-gaap/2025"
  xmlns:xbrldi="http://xbrl.org/2006/xbrldi"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="mstr-20251103.xsd" xlink:type="simple"/>
    <context id="duration_2025-11-03_to_2025-11-03">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001050446</identifier>
        </entity>
        <period>
            <startDate>2025-11-03</startDate>
            <endDate>2025-11-03</endDate>
        </period>
    </context>
    <context id="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001050446</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">mstr:M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2025-11-03</startDate>
            <endDate>2025-11-03</endDate>
        </period>
    </context>
    <context id="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001050446</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">mstr:VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2025-11-03</startDate>
            <endDate>2025-11-03</endDate>
        </period>
    </context>
    <context id="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001050446</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">mstr:M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2025-11-03</startDate>
            <endDate>2025-11-03</endDate>
        </period>
    </context>
    <context id="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001050446</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">mstr:M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2025-11-03</startDate>
            <endDate>2025-11-03</endDate>
        </period>
    </context>
    <context id="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_us-gaap-CommonStockMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001050446</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">us-gaap:CommonStockMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2025-11-03</startDate>
            <endDate>2025-11-03</endDate>
        </period>
    </context>
    <dei:AmendmentFlag contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-295">false</dei:AmendmentFlag>
    <dei:EntityCentralIndexKey
      contextRef="duration_2025-11-03_to_2025-11-03"
      id="Hidden_dei_EntityCentralIndexKey">0001050446</dei:EntityCentralIndexKey>
    <dei:DocumentType contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-346">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-347">2025-11-03</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-348">STRATEGY INC</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-349">DE</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-350">001-42509</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-351">51-0323571</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1 contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-352">1850 Towers Crescent Plaza</dei:EntityAddressAddressLine1>
    <dei:EntityAddressCityOrTown contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-353">Tysons Corner</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-354">VA</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-355">22182</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-356">(703)</dei:CityAreaCode>
    <dei:LocalPhoneNumber contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-357">848-8600</dei:LocalPhoneNumber>
    <dei:WrittenCommunications contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-358">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-359">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-360">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-361">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle
      contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember"
      id="ixv-362">10.00% Series A Perpetual Strife Preferred Stock, $0.001 par value per share</dei:Security12bTitle>
    <dei:TradingSymbol
      contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember"
      id="ixv-363">STRF</dei:TradingSymbol>
    <dei:SecurityExchangeName
      contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M10.00SeriesAPerpetualStrifePreferredStock0.001ParValuePerShareMember"
      id="ixv-364">NASDAQ</dei:SecurityExchangeName>
    <dei:Security12bTitle
      contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember"
      id="ixv-365">Variable Rate Series A Perpetual Stretch Preferred Stock, $0.001 par value per share</dei:Security12bTitle>
    <dei:TradingSymbol
      contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember"
      id="ixv-366">STRC</dei:TradingSymbol>
    <dei:SecurityExchangeName
      contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-VariableRateSeriesAPerpetualStretchPreferredStock0.001ParValuePerShareMember"
      id="ixv-367">NASDAQ</dei:SecurityExchangeName>
    <dei:Security12bTitle
      contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember"
      id="ixv-368">8.00% Series A Perpetual Strike Preferred Stock, $0.001 par value per share</dei:Security12bTitle>
    <dei:TradingSymbol
      contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember"
      id="ixv-369">STRK</dei:TradingSymbol>
    <dei:SecurityExchangeName
      contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M8.00SeriesAPerpetualStrikePreferredStock0.001ParValuePerShareMember"
      id="ixv-370">NASDAQ</dei:SecurityExchangeName>
    <dei:Security12bTitle
      contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember"
      id="ixv-371">10.00% Series A Perpetual Stride Preferred Stock, $0.001 par value per share</dei:Security12bTitle>
    <dei:TradingSymbol
      contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember"
      id="ixv-372">STRD</dei:TradingSymbol>
    <dei:SecurityExchangeName
      contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_mstr-M10.00SeriesAPerpetualStridePreferredStock0.001ParValuePerShareMember"
      id="ixv-373">NASDAQ</dei:SecurityExchangeName>
    <dei:Security12bTitle
      contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_us-gaap-CommonStockMember"
      id="ixv-374">Class&#160;A common stock, $0.001 par value per share</dei:Security12bTitle>
    <dei:TradingSymbol
      contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_us-gaap-CommonStockMember"
      id="ixv-375">MSTR</dei:TradingSymbol>
    <dei:SecurityExchangeName
      contextRef="duration_2025-11-03_to_2025-11-03_us-gaap-StatementClassOfStockAxis_us-gaap-CommonStockMember"
      id="ixv-376">NASDAQ</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany contextRef="duration_2025-11-03_to_2025-11-03" id="ixv-377">false</dei:EntityEmergingGrowthCompany>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
