Strategy Inc. (MSTR)
MSTZ: Utter Annihilation Of Capital
As expected, the Nasdaq 100 has rallied over 20% from April 7th lows, leading to directional uncertainty and potential sell pressure in May. There are likely to be solid opportunities to sell the market in May, but I would still caution against shorting MSTR through MSTZ. Bitcoin's technical setup actually looks quite good in my view, and that means MSTR may continue to rally despite my concerns about MSTR common stock.
Strategy: Yes On STRF, Hard Pass On MSTR
Strategy's Q1-25 earnings reveal a $5.9 billion operating loss, largely due to unrealized Bitcoin losses, with the software business revenue down 3.6% YoY. Strategy's aggressive Bitcoin acquisition strategy has doubled BTC backing per share, but MSTR trades at twice the Bitcoin NAV, posing significant dilution risks. The 42/42 capital raise plan aims to double previous targets, but fixed income obligations and potential forced Bitcoin selling are key risks.
MicroStrategy Has a Plan to Buy Even More Bitcoin. It's Ambitious but Not ‘Out of the Question.
The company doing business as Strategy unveils its ‘42/42 Plan' to raise $84 billion of capital.
Calling MicroStrategy the Domino's of crypto, Saylor tries to justify the huge premium to bitcoin holdings
For all the sophisticated technospeak and complex financial engineering that characterized Michael Saylor's presentation to investors Thursday evening, it was a story as old as the hills: a salesman pitching his wares and trying to build a brand.
Bitcoin Price Rises. Trade Talks, MicroStrategy, and What Else Is Driving Cryptos Today.
Bitcoin has shown signs of decoupling with the stock market but is still very much affected by macroeconomic conditions.
MicroStrategy Incorporated (MSTR) Q1 2025 Earnings Call Transcript
MicroStrategy Incorporated (NASDAQ:MSTR ) Q1 2025 Earnings Conference Call May 1, 2025 5:00 PM ET Company Participants Shirish Jajodia - Corporate Treasurer & Head, IR Phong Le - President, CEO & Director Andrew Kang - EVP & CFO Michael Saylor - Executive Chairman Conference Call Participants Operator Shirish Jajodia Hello, everyone, and good evening. I'm Shirish Jajodia, Corporate Treasurer and Head of Investor Relations at Strategy.
MicroStrategy doubles down on its bitcoin bet
The world's largest corporate holder of bitcoin falls short of quarterly expectations, however.
This Company Just Bought $1.4 Billion of Bitcoin. Should You?
Strategy (MSTR -0.48%) just bought more than $1.4 billion of Bitcoin on April 28 (BTC 0.93%), and it isn't the first time. With such a purchase, the company is sending an unambiguous signal that it thinks the coin's value is going to continue increasing.
Better Buy: Bitcoin vs. Strategy (MicroStrategy)
In four of the past five years, Bitcoin (BTC -0.41%) has been the top-performing asset in the world, and it hasn't even been close. In 2020, 2023, and 2024, Bitcoin delivered triple-digit returns to investors.
Strategy: Saylor Buys The Dip, I Buy The Break-Out
Strategy is breaking out after a 40% drop from its ATH. Bitcoin's bullish trend, confirmed by technical analysis, supports the investment thesis for MSTR, which has significant Bitcoin holdings. MSTR's chart shows a strong breakout, with the potential to reach $700 if Bitcoin hits $120k.
MSTR, MARA and RIOT Forecast – Crypto Stocks Pulling Back Slightly on Thursday
The early Thursday session is seeing a bit of give back in three major crypto stocks. At this point, we are waiting to see if the Bitcoin market can continue to see strength, and if it translates in the stock market as well.
T-Rex 2X Long MSTR Daily Target ETF: Leverage On Leverage
MSTU, aiming for 2x MSTR's daily return, is risky due to MSTR's 126% premium and volatility decay impacting returns. MSTR's premium, driven by Bitcoin exposure, is unsustainable with current stock issuance and unclear correlation with Bitcoin's future performance. MSTR's financing strategy, once effective, now relies on high-dividend preferred stock, signaling challenges in leveraging common stock and debt.
