Strategy (MSTR) Change in Intangibles (2011 - 2025)

Strategy's Change in Intangibles history runs 7 years deep, the most recent figure standing at $5.0 billion for Q3 2025.

• In Q3 2025, Change in Intangibles rose 214.4% year-over-year to $5.0 billion; the TTM figure through Sep 2025 stood at $15.4 billion (up 194.39% YoY), while the FY2023 annual figure was $1.9 billion, up 15997.99% from the prior year.
• Change in Intangibles came in at $5.0 billion for Q3 2025 at Strategy, down from $6.8 billion in the prior quarter.
• In the past five years, Change in Intangibles ranged from a high of $7.7 billion in Q1 2025 to a low of -$4.0 billion in Q4 2024.
• A 5-year average of $1.1 billion and a median of $419.9 million in 2021 frame the typical range for Change in Intangibles.
• Across the five-year window, Change in Intangibles jumped 3370.03% in 2023 and sank 430.07% in 2024, its largest moves.
• Strategy's Change in Intangibles stood at -$2.0 billion in 2021, then surged by 89.21% to -$219.7 million in 2022, then jumped by 652.82% to $1.2 billion in 2023, then tumbled by 430.07% to -$4.0 billion in 2024, then surged by 223.55% to $5.0 billion in 2025.
• According to Business Quant data, Change in Intangibles over the past three periods registered $5.0 billion, $6.8 billion, and $7.7 billion for Q3 2025, Q2 2025, and Q1 2025 respectively.

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