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Buybacks for MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC)

5Y diluted share change +203.6% · SBC coverage 0.00×.

Buyback yield (TTM)

N/A

Shareholder yield (TTM)

N/A

5Y share count change

203.6%

Buyback spend (TTM)

N/A

Key takeaways

  • Diluted share count is up 203.6% over the last ~5 fiscal years — equity issuance and stock-based compensation are outpacing repurchases.
  • Cash buyback spend has compounded at -100.0% per year over the latest 5-year window.
  • TTM repurchases used about 0% of free cash flow remaining after dividends.

Dividend & buyback yield over time for MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC)

Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.

Diluted vs basic shares (annual) for MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC)

Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.

Year-over-year change in diluted shares for MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC)

Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.

Cash buyback spend over time for MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC)

Latest: $0.00

Overview

In 2025, MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) buyback spend totalled $0.00.

Through 2020–2025 (5 years), MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock buyback spend delivered a -100.0% annualised rate; with a net decline across the window.

MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock buyback spend peaked at $134.49M in 2005; the latest annual figure is $0.00 in 2025 (100.0% below peak).

$134.49M stands as the all-time-high annual buyback spend, posted in 2005, against a low of $0.00 during 1997.

MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock Buyback Spend 2025: $0.00

MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock buyback spend in 2025 was $0.00.

MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock Buyback Spend 2024: $0.00

MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock buyback spend in 2024 was $0.00.

MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock Buyback Spend 2023: $0.00

MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock buyback spend in 2023 was $0.00.

MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock Buyback Spend 2022: $0.00

MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock buyback spend in 2022 was $0.00.

MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock Buyback Spend 2021: $0.00

MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock buyback spend in 2021 was $0.00.

Buyback, SBC & dilution history

Buyback spend, SBC, net dilution effect, and share count.

  • 2025$0.00
  • 2024$0.00
  • 2023$0.00
  • 2022$0.00
  • 2021$0.00
  • 2020$123.22M
  • 2019$72.72M
  • 2018$110.98M
  • 2017$0.00
  • 2016$0.00
  • 2015$0.00
  • 2014$0.00
  • 2013$0.00
  • 2012$0.00
  • 2011$0.00
  • 2010$108.99M
  • 2009$0.00
  • 2008$8.39M
  • 2007$89.03M
  • 2006$131.96M
  • 2005$134.49M
  • 2004$2.33M
  • 2003$0.00
  • 2002$0.00
  • 2001$19.78M
  • 2000$0.00
  • 1999$0.00
  • 1998$0.00
  • 1997$0.00

Buybacks vs stock-based compensation for MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC)

Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 0.00×.

Buybacks vs dividends (share of cash returned) for MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (STRC)

How MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock splits cash returned to shareholders between dividends and buybacks.

Sector peers by buyback spend

Companies in the same sector as MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock, ranked by their latest buyback spend.

Buyback capacity (TTM)

Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.

TTM buybacks vs headroom (FCF − dividends, TTM)0% of headroom

Headroom $4.52B (TTM FCF − TTM dividends, clamped at zero).

Frequently asked questions

Data & methodology