If you're interested in bitcoin, Strategy (MSTR) is worth a very close look. It's main “business” is bitcoin treasury – i.e., it buys and holds bitcoin. But that's just the start. It's “intelligent leverage” program, opportunistic capital raises and coin purchases, helps the company outperform bitcoin prices. MSTR now trades at a premium to the value of its bitcoin, but a narrower premium than in the recent past. That's OK. Intelligent leverage deserves some sort of premium.
It has been a forgettable second half of the year so far for enterprise analytics and mobility software firm Strategy NASDAQ: MSTR. The company, formerly known as MicroStrategy, has lost more than 47% since its year-to-date (YTD) high on July 16.
Questions about Microstrategy's business model, copycat products and a stalling in the bitcoin price might have contributed to the decline in MSTR's mNAV.
The MSTR stock price has been in a strong downtrend, mirroring the performance of other Digital Asset Treasury (DAT) companies like Metaplanet, American Bitcoin, MicroCloud Hologram, and Semler Scientific. Strategy shares were trading at $241 on Friday, much lower than the year-to-date high of $456.
Lost in the AI valuation shuffle is Bitcoin (BTC) undergoing a similar correction.
Recently, Zacks.com users have been paying close attention to Strategy (MSTR). This makes it worthwhile to examine what the stock has in store.
Strategy Inc ( MSTR ) Q3 2025 Earnings Call October 30, 2025 5:00 PM EDT Company Participants Shirish Jajodia Andrew Kang - Executive VP & CFO Phong Le - President, CEO & Director Michael Saylor - Executive Chairman Conference Call Participants Andrew Harte - BTIG, LLC, Research Division Mark Palmer - The Benchmark Company, LLC, Research Division Brian Dobson - Clear Street LLC Lance Vitanza - TD Cowen, Research Division Ben Werkman - Strive Asset Management, LLC Presentation Shirish Jajodia Hello, everyone, and good evening. I'm Shirish Jajodia, Corporate Treasurer and Head of Investor Relations at Strategy.
Strategy's 640,808 bitcoin trove, driven by disciplined capital raises, is driving prospects amid stiff competition.
MSTR's Q3 earnings surge to $8.42 per share on strong software growth and a massive bitcoin-driven operating gain.
Strategy (MSTR) came out with quarterly earnings of $8.42 per share, beating the Zacks Consensus Estimate of a loss of $0.11 per share. This compares to a loss of $1.56 per share a year ago.
MSTR's Q3 results hinge on bitcoin volatility and software growth, amid a stretched valuation.
Strategy (MSTR) closed at $284.92 in the latest trading session, marking a +1.46% move from the prior day.