Strategy (MSTR) Invested Capital (2010 - 2026)

Strategy has disclosed Invested Capital across 17 years of filings, most recently posting $44.8 billion for Q1 2026.

• Invested Capital for Q1 2026 came in at $44.8 billion, up 11.11% year-over-year; the trailing twelve-month figure through Mar 2026 was $44.8 billion (up 11.11% YoY), and the FY2025 annual result was $52.3 billion, up 37.06% from the prior year.
• Invested Capital came in at $44.8 billion for Q1 2026 at Strategy, down from $52.3 billion in the prior quarter.
• In the past five years, Invested Capital ranged from a high of $60.5 billion in Q3 2025 to a low of -$176.0 million in Q2 2022.
• The 5-year median for Invested Capital is $6.0 billion (2024), against an average of $19.6 billion.
• Across the five-year window, Invested Capital sank 107.9% in 2022 and soared 1803.2% in 2023, its largest moves.
• Strategy's Invested Capital stood at $2.0 billion in 2022, then jumped by 117.87% to $4.3 billion in 2023, then jumped by 777.92% to $38.2 billion in 2024, then jumped by 37.06% to $52.3 billion in 2025, then decreased by 14.27% to $44.8 billion in 2026.
• The last three Invested Capital figures came in at $44.8 billion (Q1 2026), $52.3 billion (Q4 2025), and $60.5 billion (Q3 2025), per Business Quant data.