Stock · Crypto-linked shares
Strategy real return vs inflation and money printing MSTR
Strategy Inc. Software company that holds a very large Bitcoin treasury, so its shares tend to move with the Bitcoin price.
Key numbers
- 1-month change
- +17.0%
- Volatility (30-day, annualised)
- 85.2%
Strategy real return after inflation and money printing
In dollars and pounds, before and after inflation, since Jun 1998.
+958%Strategy after US inflation since 201015.0% a year
Up 1,542% in dollars since 2010. After US inflation, up 958%. Against money printing, up 499%.
In pounds, up 1,905%, or up 1,129% after UK inflation.
- $ nominal
- +1,542%18.1% a year
- £ nominal
- +1,905%19.5% a year
- Real $ (US CPI)
- +958%15.0% a year
- Real £ (UK CPI)
- +1,129%16.1% a year
- vs US M2
- +499%11.2% a year
- Measured from
- Dec 2009to Oct 2026, 16 years 10 months
- Strategy, Real $ (US CPI)$154.30
- $ nominal$154.30
- Oct 2026, latest
Loading the chart. Every figure is also in the table below.
| Period | $ nominal | £ nominal | Real $ (US CPI) | Real £ (UK CPI) | vs US M2 |
|---|---|---|---|---|---|
| Past year from Oct 2025 | −42.7% | −43.1% | –a (see note a) | −44.6% | −45.4% |
| 5 years from Oct 2021 | +116% 16.6% a year | +123% 17.4% a year | +78.2% 12.3% a year | +76.6% 12.0% a year | +95.7% 14.4% a year |
| Since 2020 from Dec 2019 | +982% 41.7% a year | +985% 41.8% a year | +730% 36.3% a year | +720% 36.1% a year | +612% 33.3% a year |
| 10 years from Oct 2016 | +692% 23.0% a year | +631% 22.0% a year | +472% 19.0% a year | +415% 17.8% a year | +345% 16.1% a year |
| Since 2010 from Dec 2009 | +1,542% 18.1% a year | +1,905% 19.5% a year | +958% 15.0% a year | +1,129% 16.1% a year | +499% 11.2% a year |
| Since 2000 from Dec 1999 | +47.0% 1.4% a year | +79.4% 2.2% a year | −26.1% −1.1% a year | −9.3% −0.4% a year | −70.8% −4.5% a year |
| Since Jun 1998 first month in our data | +993% 8.8% a year | +1,278% 9.7% a year | +432% 6.1% a year | +584% 7.0% a year | +95.9% 2.4% a year |
- a US CPI was not published for Oct 2025.
How these figures are worked out
Sources, inflation measures and what is left out
- Month-end closes from Yahoo Finance, Nasdaq, Jun 1998 to Oct 2026. Oct 2026 is still in progress, so its figure is the latest close rather than a month-end. Our history for Strategy starts in Jun 1998, so longer windows are left out.
- Real figures divide by US CPI (BLS, via FRED) or UK CPI (ONS, joined to the ONS long-run RPI before Jan 1988) and are stated in Oct 2026 money. The M2 lens divides by the US M2 money supply (Federal Reserve, via FRED). Pounds convert at each month's GBP/USD rate.
- US CPI is published with a lag: Oct 2026 uses the Aug 2026 figure.
- UK CPI is published with a lag: Oct 2026 uses the Aug 2026 figure.
- US M2 is published with a lag: Oct 2026 uses the Aug 2026 figure.
- Price returns only: dividends are not included, so the total return to a holder who reinvested them was higher.
- A return of 12 months or more also shows its yearly rate. Gaps in a source are left as gaps and never filled in.
Strategy (MicroStrategy) price history, past year
Daily closes from Nasdaq. Last refreshed .
Where Strategy stands today
52-week range
- Below the high
- 51.4%
- Above the low
- 86.1%
Strategy sits in the middle part of its range, 86.1% above the $82.31 low from 26 Jun 2026 and 51.4% below the $315.47 high from 13 Oct 2025. About 54% of the year's daily closes were lower than today's price.
Moving averages
- 50-day$132.17 +15.9%
- 200-day$135.80 +12.8%
Price compared with each average. Bars to the right mean the price is above it.
Strategy is 15.9% above its 50-day average and 12.8% above its 200-day average, so on both the shorter and the longer view the trend we measure is still pointing up. The 50-day line has stayed below the 200-day on every day since 24 Jun 2026, as far back as our data lets us check.
Trend score
- Trend70
- Momentum62
- RSI score86
- Drawdown0
- Uptrend
- 65 or more
- Sideways
- 36 to 64
- Downtrend
- 35 or less
Rules-based, from 277 daily prices. It describes the trend so far and does not predict the next move. How it works.
Strategy performance and biggest moves
Returns over time
| Period | MSTR | SPY | Gap |
|---|---|---|---|
| 1 week | -6.9% | -0.1% | −6.8 pts |
| 1 month | +17.0% | +1.9% | +15.1 pts |
| 3 months | +57.2% | +3.1% | +54.1 pts |
| Year to date | +0.8% | +14.2% | −13.3 pts |
| 1 year | -51.4% | +17.4% | −68.8 pts |
Strategy is down 51.4% over the past year on price alone, against +17.4% for the S&P 500 (through the SPY fund), so it has trailed that comparison by 68.8 percentage points. Dividends are not included, so the total return for holders would be a little higher.
Best and worst days in the past year
- Days that closed higher
- 44%
- Moves of 3% or more
- 143
The biggest one-day rise since 13 Oct 2025 came on 6 Feb 2026 (+26.1%) and the sharpest fall on 5 Feb 2026 (−17.1%). Of the 251 trading days in that period, 44% closed higher than the day before and 143 moved by 3% or more in one direction or the other.
Is Strategy overbought, and how volatile is it?
RSI (14-day)
Neutral- Sessions at 70+ (past year)
- 7
- Sessions at 30 or lower
- 16
Strategy's RSI of 54.3 is near the middle of the scale, which tells us the up and down days of the last three weeks have more or less cancelled each other out. For context, it last went above 70 on 22 Sept 2026 and last fell below 30 on 26 Jun 2026.
Volatility against other US shares
1st most volatile of 27- Typical daily move
- 5.4%
- Calmest in group
- BRK.B 10.8%
Strategy's 30-day volatility is 85.2%, which works out at a move of roughly 5.4% on an ordinary day. That makes it the most volatile of the 27 US shares we track, well above the group median of 23.3%. One very large day, such as an earnings release or a sudden sell-off, can lift a 30-day figure for weeks, so we would read the ranking as this month's picture.
Strategy compared with similar assets
| Asset | Price | Today | 1 month | 1 year | RSI | Trend score |
|---|---|---|---|---|---|---|
| MSTRStrategy (MicroStrategy) | $153.22 | +0.68% | +17.0% | -51.4% | 54 | 59 Sideways |
| BTCBitcoin | $83,204 | +1.54% | +8.3% | -27.8% | 52 | 78 Uptrend |
| IBITBitcoin ETF (IBIT) | $47.25 | +0.25% | +8.0% | -28.2% | 57 | 77 Uptrend |
| COINCoinbase | $181.94 | +0.08% | +3.8% | -49.0% | 50 | 37 Sideways |
Over the past year Bitcoin has held up best in this group (−27.8%) and Strategy has been the weakest (−51.4%). Strategy comes 4th of 4, 23.7 percentage points behind Bitcoin.
About Strategy (MicroStrategy)
The company was founded in 1989 as MicroStrategy, a business software firm, began buying Bitcoin in 2020 and renamed itself Strategy in 2025. It pays for further purchases by issuing new shares and debt.
- Ticker
- MSTR
- Type
- Stock
- Sector
- Crypto-linked shares
- Priced in
- USD
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Strategy: questions people ask
Answers are built from the same live figures shown above, so they change as the price does. Last checked 14 Oct 2026.
Has Strategy beaten inflation since 2010?
Yes. From the December 2009 close to October 2026, Strategy went up 1,542% in dollars. US consumer prices rose 55.1% over the same months, which leaves a real gain of 958%, or 15.0% a year after inflation. A UK holder counting in pounds saw up 1,905%, which comes to up 1,129% once UK CPI is taken out. These are price returns: dividends are not included, so a holder who reinvested them did better.
How has Strategy done against money printing?
The US M2 money supply grew 174% since 2010. M2 counts the cash, current accounts and savings deposits held in the US, so it measures how much new money was created rather than how much shop prices rose. Against it, Strategy is up 499%.
What is Strategy's real return over 10 years?
Over the 10 years to October 2026, Strategy returned 692% in dollars (23.0% a year). After US inflation that is up 472%, 19.0% a year. In pounds after UK inflation it is up 415%.
What is the Strategy (MicroStrategy) share price today?
The last price we have for Strategy is $153.22, up 0.7% on the day, as of 23:55 BST on 13 Oct 2026. We get US prices from Nasdaq and during trading hours they can be up to 15 minutes behind, so if you are about to trade you'll want the live quote from your broker rather than ours. Over the last month the shares have moved +17.0% and over the last year −51.4%.
Is Strategy (MicroStrategy) stock overbought right now?
No, or at least not on the 14-day RSI, which reads 54.3 at the moment. We'd only start calling Strategy overbought above 70 and it hasn't been there since 22 Sept 2026, while the last time it went the other way and dropped below 30 was 26 Jun 2026. RSI looks back over 14 sessions and asks how much of the movement was up and how much was down, so a reading in the 50s or 60s mostly tells us the past few weeks have been fairly even. Strategy spent 7 sessions at 70 or above in the past year, which is one reason we don't treat a high reading as a cue to sell: in a strong run it can stay there for weeks.
How far is Strategy (MicroStrategy) from its 52-week high?
About 51.4%, so it would need to rise 105.9% to get back there. The highest close in the past year was $315.47 on 13 Oct 2025 and the lowest was $82.31 on 26 Jun 2026, which puts today's price 30% of the way up that range. We work this out from daily closing prices rather than the intraday highs and lows an exchange reports, so our high can be a little lower than the one you'll see quoted elsewhere.
Is Strategy (MicroStrategy) above its 200-day moving average?
It is, and comfortably. Strategy's last price of $153.22 is 12.8% above its 200-day average of $135.80, while the 50-day average of $132.17 is below the 200-day, which has been true on every day since 24 Jun 2026, as far back as our data goes. We show the 200-day line because it averages about ten months of closing prices, so a single bad week hardly moves it, and when we look at a chart it's the quickest way to see whether a share has been rising or falling over the longer run, even if it can't tell us where the price goes from here.
How volatile is Strategy (MicroStrategy) stock?
Over the past 30 days Strategy's annualised volatility has been 85.2%. If that number feels abstract, it works out at roughly a 5.4% move on an ordinary day. It is the most volatile of the 27 US shares we track and the median for the group is 23.3%, so at the moment it is one of the jumpier ones. The biggest single-day swings of the past year were +26.1% on 6 Feb 2026 and −17.1% on 5 Feb 2026.
Important information
Capital at risk. The value of investments can fall as well as rise and you may get back less than you invest. Past performance is not a reliable indicator of future results. Educational information only, not financial advice. Read our disclaimer.
Strategy (MicroStrategy): what the numbers say
Claude Haiku ·Strategy Inc. shares are trading at $151.70 today, down 0.64% in the session. That leaves them 51.9% below the 52-week closing high of $315.47, recorded on 13 October 2025, and 84.3% above the closing low of $82.31 set on 26 June 2026. The price sits above both the 50-day average of $132.1 and the 200-day average of $135.8.
Read the full summary Show less
The trend score is 58, labelled Sideways, with a trend reading of 70 and momentum at 61. The 14-day RSI stands at 53, and 30-day volatility runs at 85.3% annualised. Over the past 30 days the shares have gained 15.83%. Bitcoin is up 0.99% in the past 24 hours, and the Bitcoin ETF (IBIT) and Coinbase are up 0.42% and 0.43% today.
Written by AI from this site's live data and checked figure by figure before publishing. Educational only, not financial advice.