Stock-split euphoria has taken hold on Wall Street, with 12 prominent businesses announcing or completing a split over the last six months. MicroStrategy is set to complete its largest forward-stock split following the close of trading on August 7.
MSTR introduced a new KPI called "BTC Yield" to measure the growth in BTC holdings per share, setting the foundation for greater clarity on their Bitcoin strategy. MSTR's use of convertibles to finance BTC purchases at low interest rates is a clever strategy to maximize BTC Yield and leverage their capital structure. Despite a mediocre software business, MSTR's focus on BTC Yield make it a compelling buy, although short-term BTC price volatility remains a risk.
U.S. stock futures were lower this morning, with the Dow futures falling around 700 points on Monday.
MicroStrategy Incorporated (NASDAQ:MSTR ) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Shirish Jajodia - Vice President of Investor Relations and Treasury Phong Le - President and Chief Executive Officer Andrew Kang - Senior Executive Vice President and Chief Financial Officer Michael Saylor - Executive Chairman Shirish Jajodia [Starts abruptly] -- Investor Relations and Treasury at MicroStrategy. I'll be your moderator for MicroStrategy's 2024 Second Quarter Earnings Webinar.
A dozen time-tested businesses have announced and/or completed a stock split since 2024 began. Two ultra-popular stock-split stocks with nosebleed valuations are rife with red flags and worth avoiding.
MicroStrategy is transitioning from a software licensing company to a SaaS company, struggling to reemerge and grow. The majority of BTC holdings are under MacroStrategy, a separate entity that shields MicroStrategy from any recourse by investors, leading to fewer shareholder rights and ownership. MSTR has raised $6.8b in the capital markets with limited benefits to generating real shareholder value.
According to consultancy firm Deloitte, cloud computing is expected to be a major driver of the tech sector's growth in the second half of 2024 and into 2025.
MicroStrategy announced plans for a 10-for-1 stock split. Stock splits can generate excitement in the markets, but they don't always result in strong returns afterwards.
Tech stocks dominated the first half of 2024 with the Nasdaq Composite index rising 20% in the year's first six months. Will the domination continue in the coming six months?
MicroStrategy (NASDAQ: MSTR ) is among the top companies investors look to for crypto exposure. Largely viewed as a Bitcoin ( BTC-USD ) holding company, MicroStrategy has seen extremely volatile price action this year.
MicroStrategy Incorporated announced a stock split, potentially leading to bullish market dynamics. Stock split lowers the barrier to entry to participating in the MSTR options market. A more liquid and active options market gives investors better opportunities to hedge and speculate while placing a better floor price via put writing.
MicroStrategy's stock price has surged over 240% in the last 52 weeks. Founder Michael Saylor's Bitcoin strategy has driven significant stock gains.