MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) — Defensive Interval Ratio
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) has a Defensive Interval Ratio of 165 days as of December 2025. Defensive assets of $205.75 Million (cash $-, short-term investments $-, receivables $205.75 Million) cover 165 days of daily cash needs of $1.25 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock Defensive Interval Ratio (2021–2025)
This chart shows how MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 165 days, meaning defensive assets of $205.75 Million can fund 165 days of operations without new revenue. For the complete balance sheet picture, see STRD asset base.
Annual Defensive Interval Ratio for MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (2021–2025)
The table below presents the year-by-year Defensive Interval Ratio for MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock from 2021 to 2025, covering 5 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See MicroStrategy Incorporated 10.00% Series (STRD) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 165 days | $205.75 Million | $1.25 Million/day | $- | $- | ▼ -22 days |
| 2024 | 186 days | $181.20 Million | $973.65K/day | $- | $- | ▼ -21 days |
| 2023 | 208 days | $183.81 Million | $885.68K/day | $- | $- | ▼ -10 days |
| 2022 | 218 days | $189.28 Million | $869.60K/day | $- | $- | ▼ -4 days |
| 2021 | 221 days | $189.28 Million | $854.75K/day | $- | $- | — |