Explain this page
Arphra AIPlain-English read on MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock’s valuationEnterprise value
$38.57B
Market cap
$32.52B
Net debt
—
Total debt
—
Cash & ST inv.
—
Capital structure
· balance sheet · 2026-06-23Enterprise-value bridge
Market capitalisation$32.52B
+ Total debt+—
− Cash & short-term investments−—
= Enterprise value$38.57B
Valuation
· key metrics · TTMEV multiples
EV / EBITDA-2.8×
EV / Sales78.6×
EV / FCF8.5×
Net debt / EBITDA-0.4×
Debt / Equity—