MicroStrategy's Bitcoin Expansion Continues: Can New STRD Offering Boost Performance?
MicroStrategy (MSTR) announces a $4.2 billion offering of its 10% Series A Stride Preferred Stock (STRD), solidifying its position as the world’s largest corporate holder of Bitcoin with over 597,000 BTC valued at $63 billion. Bitcoin’s popularity grows due to increased acceptance and institutional adoption, benefiting from U.S. policies.
MSTR aims for a 25% bitcoin yield and a $15 billion gain target, with gains of $4.1 billion in Q1 2025. Preferred equity offerings Strike and Strife drive capital raising. MARA Holdings (MARA) emerges as a key Bitcoin miner, holding 48,000 BTC. RIOT Platforms (RIOT) focuses on AI hardware and mining operations.
MSTR stock has surged 36.7% YTD, outperforming the industry and sector. The company’s Value Score is F, with a Price/Book ratio of 3.36X. The Zacks Consensus Estimate for MSTR’s 2025 loss is $15.73 per share, indicating a significant decline. The stock holds a Zacks Rank #3 (Hold).
Read more at Nasdaq: MSTR Expands Bitcoin Focus: Can STRD Offering Deliver Results?