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Strategy’s software division delivered its strongest financial quarter in a decade in Q1 2026, according to CEO Phong Le. The company reported 12% year-over-year growth in software revenue, driven by a 59% increase in cloud revenue.
Le said controllable margin rose 27% in Q1 2026, helping offset Bitcoin operating expenses. He described the quarter as the strongest for the software business over the last ten years.
Strategy’s software business serves more than 3,000 customers and over 500,000 active users globally. The company employs about 1,500 people across nearly every major city worldwide and operates in more than 25 countries, with partnerships including Amazon, Google, Microsoft, Snowflake, and HCL.
Strategy holds SOC 2 Type 2, ISO 27001, and FedRAMP certifications. It also complies with PCI DSS, HIPAA, DPF, and GDPR standards. Le said these credentials strengthen the company’s credibility as a Bitcoin treasury operator.
Le also discussed Strategy’s dual business model and its direction for the software segment. The company recently launched “Mosaic,” an AI data foundation that integrates large language models, hyperscalers, and data warehouses into a single platform. Mosaic is designed to use AI agents to support enterprise data needs through a semantic layer.
Le said the company is rebuilding internal workflows using multiple AI models, adding: “Over the next year, I expect we will automate many core workflows and replace much of our internal enterprise software.” He further stated that systems are expected to become “increasingly autonomous, adaptive, self-healing, and self-improving.”
On the rationale for combining a Bitcoin treasury approach with an enterprise software business, Le said the two create “powerful and unique synergies.” He added that Bitcoin has helped energize the workforce and attract talent.
Le wrote that customer sentiment has shifted from “skeptical to curious to supportive,” and said the software business and Bitcoin treasury continue to reinforce each other’s growth.
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