Strategy (MSTR) Shares Outstanding (Diluted Average) (2010 - 2026)

Strategy's Shares Outstanding (Diluted Average) history runs 17 years deep, the most recent figure standing at $333.9 million for Q1 2026.

• In Q1 2026, Shares Outstanding (Diluted Average) rose 30.19% year-over-year to $333.9 million; the TTM figure through Mar 2026 stood at $333.9 million (up 30.19% YoY), while the FY2025 annual figure was $277.7 million, up 44.2% from the prior year.
• Shares Outstanding (Diluted Average) came in at $333.9 million for Q1 2026 at Strategy, up from $277.7 million in the prior quarter.
• In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $333.9 million in Q1 2026 to a low of $11.3 million in Q1 2022.
• A 5-year average of $158.8 million and a median of $171.9 million in 2024 frame the typical range for Shares Outstanding (Diluted Average).
• Across the five-year window, Shares Outstanding (Diluted Average) advanced 13.09% in 2022 and jumped 1157.64% in 2023, its largest moves.
• Strategy's Shares Outstanding (Diluted Average) stood at $113.2 million in 2022, then soared by 46.33% to $165.7 million in 2023, then rose by 16.23% to $192.5 million in 2024, then soared by 44.2% to $277.7 million in 2025, then advanced by 20.26% to $333.9 million in 2026.
• According to Business Quant data, Shares Outstanding (Diluted Average) over the past three periods registered $333.9 million, $277.7 million, and $304.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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