MSTR's bitcoin gains and disciplined capital raising contrast with steep losses, bearish trends, and stretched valuation.
The S&P 500's refusal to include the company previously called MicroStrategy raises questions about the sustainability of the business model of corporate treasury investments in cryptocurrency.
In the closing of the recent trading day, Strategy (MSTR) stood at $329.9, denoting a -1.78% move from the preceding trading day.
When the table gets hot (be it Blackjack, Poker, or a stock), it's always wise to call it a night and take some money off the table. If you ever feel the need to constantly check stock prices throughout the day, then emotions may have taken over a sound thesis, and a position may have grown too large for its own good.
Strategy's 628,791 bitcoin trove, driven by disciplined capital raises, is driving prospects amid stiff competition.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
STRK offers steady income and share price appreciation, and is therefore a reasonable supplement to dividend stocks, REITs, MLPs, and ETFs like SCHD. STRK is heavily overcollateralized by Strategy's Bitcoin holdings, making its risk quantifiable and hedgeable, unlike earnings-based dividend stocks. The market applies an excessive discount rate to STRK; actual risk is much lower, offering significant upside and an effective yield above 8%.
Strategy's bitcoin gains and disciplined capital raising contrast with steep share declines and premium valuation concerns.
MicroStrategy (MSTR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Mizuho has raised its price target on Strategy (MSTR) to $586 from its previous target of $563, while maintaining an Outperform rating. The new target predicts over 43% upside for the stock.
Coinbase and MicroStrategy stocks rose as Bitcoin price surged. Shares of Sarepta, Nvidia and AMD were falling in early trading Monday.
The gains came with large-cap token Bitcoin on the brink of hitting a new high.