MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) — Net Asset Quality Index
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) has a Net Asset Quality Index of 82.8% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $61.64 Billion minus total liabilities of $10.60 Billion yields net assets of $51.04 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read MicroStrategy Incorporated 10.00% Series (STRD) financial obligations for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock Net Asset Quality Index Over Time (2021–2025)
This chart shows how MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock's Net Asset Quality Index has evolved across 5 annual periods from 2021 to 2025. As of December 2025, the index stands at 82.8%, representing net assets of $51.04 Billion against total assets of $61.64 Billion USD. For live market cap and overall valuation, see STRD stock market capitalisation.
Annual Net Asset Quality Index for MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (2021–2025)
The table below presents the year-by-year Net Asset Quality Index for MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock from 2021 to 2025, covering 5 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. See MicroStrategy Incorporated 10.00% Series (STRD) net assets for net asset value and shareholders' equity analysis.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 82.8% | $51.04 Billion | $61.64 Billion | $10.60 Billion | ▲ +12.3 pp |
| 2024 | 70.5% | $18.23 Billion | $25.84 Billion | $7.61 Billion | ▲ +25.1 pp |
| 2023 | 45.5% | $2.16 Billion | $4.76 Billion | $2.60 Billion | ▲ +61.4 pp |
| 2022 | -15.9% | $-383.12 Million | $2.41 Billion | $2.79 Billion | ▼ -43.4 pp |
| 2021 | 27.5% | $978.96 Million | $3.56 Billion | $2.58 Billion | — |