I'll cut straight to the verdict. Strategy (NASDAQ:MSTR | MSTR Price Prediction), the Bitcoin treasury vehicle formerly known as MicroStrategy, has been gutted over the past year, but our model sees a meaningful rebound from here.
Strategy's huge bitcoin treasury and strong capital raises support growth, but accounting losses and rich valuation cloud the near-term outlook.
Recently, Zacks.com users have been paying close attention to Strategy (MSTR). This makes it worthwhile to examine what the stock has in store.
Veteran trader Peter Brandt has floated a Bitcoin target of $300,000 to $500,000 by late 2029, tied to a thesis that Trump's “Project Freedom” unlocks bank liquidity flowing into hard assets.
Strategy has resumed stocking up on bitcoin after a brief pause, and the company's outspoken CEO has no qualms about saying who's paying for it — the company's shareholders.
Strategy Inc. (MSTR) has had its core identity put to the test by the very asset it promotes.
MSTR posts a wider Q1 loss on a $14.46 billion unrealized bitcoin loss, even as revenues climb 11.9% year over year.
Strategy Incorporated (NASDAQ:MSTR) shares fell roughly 2% in Wednesday morning trading after the Bitcoin treasury company reported a first-quarter net loss that came in well below analyst expectations, driven by a sharp decline in the value of its digital asset holdings. The company posted a net loss of $12.54 billion, or $38.25 per diluted share, for the three months ended March 31, 2026, compared to a loss of $4.22 billion, or $16.49 per share, in the same period a year earlier.
Strategy (NASDAQ: MSTR), formerly MicroStrategy, reported a $12.54 billion quarterly unrealized Fair Market Value (FMV) loss, yet its stock rose on May 6 as Bitcoin (BTC) rebounded above $80,000.
Strategy shifts from passive bitcoin accumulation to actively managing balance sheet to boost bitcoin per share value. "Our ability to sell bitcoin either to buy U.S. dollars or sell bitcoin to buy debt if it's accretive to bitcoin per share is something that we would consider doing going forward," Phong Le, president and CEO of the company, said on the earnings call Tuesday evening.
Strategy (MSTR) came out with a quarterly loss of $38.25 per share versus the Zacks Consensus Estimate of a loss of $3.41. This compares to a loss of $16.49 per share a year ago.
Shares of Strategy (previously known as Microstrategy) declined in extended trading on Tuesday after the bitcoin-focused firm reported a significantly wider first-quarter loss, reflecting the impact of falling cryptocurrency prices on its large digital asset holdings. The company, led by Michael Saylor, posted a net loss of $12.77 billion, or $38.25 per share, for the three months ended March 31.