MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) — Defensive Interval Ratio

Latest as of December 2025: 165 days

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. Check MicroStrategy Incorporated 10.00% Series (STRD) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

165 days
Days of operational coverage

Defensive Assets

$205.75 Million
Cash + ST Investments + Receivables

Daily Cash Need

$1.25 Million
Current Liabilities ÷ 365

Current Liabilities

$456.49 Million
USD

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. Also explore MicroStrategy Incorporated 10.00% Series equity growth rate to track the company's year-over-year net asset growth rate.

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. For live market cap and the full company financial profile, see STRD market cap overview.

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 $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)