Strategy (MSTR) 주식 개요
Strategy Inc는 자회사와 함께 미국, 유럽, 중동, 아프리카 및 전 세계에서 비트코인 수탁 회사로 운영되고 있습니다. 자세히 보기
MSTR Community Fair Values
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Analyst Price Targets
Top Community Narratives
Software opportunity
Strategy Inc 경쟁사
가격 이력 및 성과
| 과거 주가 | |
|---|---|
| 현재 주가 | US$187.59 |
| 52주 최고가 | US$457.22 |
| 52주 최저가 | US$104.17 |
| 베타 | 3.59 |
| 1개월 변동 | 45.83% |
| 3개월 변동 | 41.05% |
| 1년 변동 | -53.67% |
| 3년 변동 | 564.04% |
| 5년 변동 | 283.35% |
| IPO 이후 변동 | 1,676.00% |
최근 뉴스 및 업데이트
Recent updates
Seeking Alpha • May 06
Strategy May Start Selling Bitcoin
Summary Strategy (MSTR) posted a Q1 revenue miss and a massive $12.8 billion net loss due to Bitcoin impairment. Management shifted from a 'never sell' to an 'actively managed' Bitcoin policy, potentially selling coins to maximize Bitcoin value per share. Dividend obligations on preferred shares now exceed $1.45 billion annually, with heavy share issuances diluting founder control. Read the full article on Seeking Alpha분석 기사 • Aug 18
Strategy's (NASDAQ:MSTR) Profits Appear To Have Quality Issues
NasdaqGS:MSTR 1 Year Share Price vs Fair Value Explore Strategy's Fair Values from the Community and select yours...분석 기사 • Jul 16
Weekly Picks: 📈 MSTR's Leveraged Bitcoin Exposure, QS' Breakthrough Battery Tech, and BBWI's Turnaround Potential
📈 Why Strategy is a compelling vehicle to gain leveraged Bitcoin exposure. 💰 How debt reduction is a key driver to Bath & Body Works' success. 🔋 Why QuantumScape’s technology could solve all current EV problems.Seeking Alpha • Apr 25
Strategy: Saylor Buys The Dip, I Buy The Break-Out
Summary 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. Despite high volatility and risks like geopolitical tensions and competition, MSTR presents a compelling opportunity for those bullish on Bitcoin. Read the full article on Seeking AlphaSeeking Alpha • Mar 31
Strategy (MicroStrategy): The Ultimate Bet On Bitcoin's Future
Summary MicroStrategy has transformed into a leveraged Bitcoin proxy, offering investors amplified exposure to Bitcoin's price movements through its massive Bitcoin holdings and strategic financial engineering. The company's strategy benefits from rising institutional acceptance of Bitcoin, creating a positive feedback loop that could further drive up Bitcoin's price and validate MicroStrategy's model. Despite its potential for outsized gains, MicroStrategy's heavy reliance on Bitcoin's appreciation and its leveraged position make it an incredibly risky investment. MicroStrategy's unique business model and financial execution make it a compelling play for those who believe in Bitcoin as the ultimate scarce asset. Read the full article on Seeking AlphaSeeking Alpha • Mar 20
Strategy (MicroStrategy) Shouldn't Have Paid $100,000 For Bitcoin
Summary MicroStrategy borrowed money to buy Bitcoin at $100,000 or higher. The loans had little in the way of interest; however, they have conversion features that could dilute equity. On Tuesday, MSTR announced it was issuing preferred stock with high interest rates. So the "low interest rate convertible bond" argument for owning MSTR is weakening. In this article, I explore why MicroStrategy is too leveraged and exposed to Bitcoin to be worth buying now. Read the full article on Seeking AlphaSeeking Alpha • Mar 12
Strategy: Preferred Offering Has Potential Problem
Summary Strategy has pivoted from software analytics to Bitcoin investment, significantly increasing its holdings through equity and debt raises. The company announced a plan to sell up to $21 billion of preferred stock, which raises concerns about its ability to cover dividend payments. MSTR's valuation appears high, with its market cap exceeding the value of its Bitcoin holdings and software business. Read the full article on Seeking AlphaSeeking Alpha • Mar 02
Strategy (MicroStrategy): Collapses With Bitcoin Drop, Still Grossly Overvalued
Summary Strategy (MicroStrategy) is an inefficient and risky way to gain exposure to Bitcoin; Bitcoin futures are more efficient for leveraged exposure. MSTR's past favorable bond issuances are unlikely to be replicated at the scale needed to justify its market cap premium. Avoid MSTR and buy Bitcoin directly if bullish; MSTR's structure is reminiscent of risky, leveraged financial products from the 2008 crisis. Read the full article on Seeking AlphaSeeking Alpha • Feb 13
Strategy: It Just Doesn't Make Sense
Summary Strategy's value lies primarily in its Bitcoin portfolio, not its traditional software business. Despite BTC's rise, MSTR's premium to its BTC portfolio value remains perplexing, with the company using share sales and convertible debt to buy more BTC. The concept of "BTC yield" overcomplicates a simple process of capitalizing on MSTR's premium to acquire more BTC, without clear long-term earnings potential. Without meaningful earnings, it's unclear why investors would choose MSTR over BTC directly, reinforcing my Hold rating despite BTC's appreciation. Read the full article on Seeking AlphaSeeking Alpha • Feb 06
Strategy (Formerly MicroStrategy) Q4 Earnings: Selling Volatility... And 'Merch'
Summary MicroStrategy's re-branding and merchandise store signal the company's encouragement of dangerous emotional attachment to the stock. Strategy's declining software revenue and high volatility make the common stock a decent trading vehicle but a potentially dubious investment. Despite a healthy balance sheet, MSTR's volatility and premium to Bitcoin holdings make it a risky bet compared to Bitcoin itself. Preferred shares and convertibles may be better options for exposure, but MSTR common shares are not advisable due to dilution and premium risks. Read the full article on Seeking AlphaSeeking Alpha • Jan 27
MicroStrategy Is Buying Train Cars, Block Is Building Railroads
Summary MicroStrategy's levered Bitcoin strategy has yielded positive returns but carries a high risk due to Bitcoin's volatility; I rate it a Buy for risk-loving investors. Block, Inc. benefits from Bitcoin's growth while maintaining strong standalone businesses, making it a safer investment; I rate it a Strong Buy. MicroStrategy's approach involves issuing convertible notes to buy Bitcoin, betting on its appreciation, but it lacks a diversified business model. Block has built robust Bitcoin infrastructure and products, poised to thrive even if Bitcoin falters, ensuring long-term growth and stability. Read the full article on Seeking AlphaSeeking Alpha • Jan 16
MicroStrategy's Trillion Dollar Bitcoin Bet Is Not What It Seems (Upgrade)
Summary Microstrategy (MSTR) has dipped 15% while Bitcoin only fell 5%, presenting a buying opportunity as MSTR trades at a relative discount. MSTR plans to increase authorized shares from 330 million to 10.33 billion to continue funding Bitcoin purchases, which is not immediately dilutive. Shareholders, led by Saylor, are likely to approve the share increase, ensuring MSTR's current business model continues. MSTR is expected to outperform Bitcoin, potentially appreciating by 50% and reaching $1000 based on technical analysis and premium trends. Read the full article on Seeking AlphaSeeking Alpha • Jan 08
MicroStrategy Is A Coiled Spring About To Jump Higher
Summary MicroStrategy is leveraging innovative financial tools to expand its Bitcoin holdings. It has been reducing leverage and increasing optionality through aggressive ATM offerings in Q4 2024. The company intends to increase its authorized common and preferred share counts, enabling future BTC purchases via issuances and opening the door to more stock splits. The recent offering of perpetual preferred shares with conversion features signals the expansion of the total addressable market into different portions of the capital markets. Despite potential risks from Bitcoin volatility and regulatory actions, MSTR's unique business model and strong investor interest position it for impressive growth. Convertible bonds and preferred stock in Q1 2025 should push the stock much higher with higher BTC yield. Read the full article on Seeking AlphaSeeking Alpha • Dec 29
MicroStrategy: Attempting A High-Stakes Play In Speculative Finance
Summary MicroStrategy's stock is highly risky due to its heavy reliance on Bitcoin, exposing it to extreme volatility and regulatory uncertainties. The company's business model has shifted from business software to a Bitcoin investment vehicle, leveraging convertible bonds and equity offerings. MicroStrategy's "BTC Yield" measures growth in Bitcoin holdings per share, with a YTD yield of 17% and a long-term target of 6%-10% annually. MicroStrategy stock is currently trading at $87.2 billion market cap, vs. an estimated fair value of its Bitcoin holdings of approximately $43.5 billion. Read the full article on Seeking Alpha
새 내러티브 • Dec 18
MicroStrategy: Volatile Gamble or Golden Opportunity?
Bitcoin Price AppreciationIf Bitcoin continues its upward trajectory, MicroStrategy’s amplified exposure through its leveraged strategy could yield outsized gains, attracting even more speculative intSeeking Alpha • Dec 16
MicroStrategy's Nasdaq Inclusion Is An Endorsement Of Its Leveraged Bet
Summary MicroStrategy's inclusion in the Nasdaq-100 and its massive Bitcoin holdings, now the second largest globally, drive its stock's impressive performance. The company's leveraged strategy to accumulate Bitcoin increases Bitcoin per share, now at ~0.94 BTC per share, enhancing shareholder value despite traditional valuation metrics suggesting otherwise. Risks include Bitcoin price volatility and potential stock price drops below convertible bond conversion prices, which could pressure MicroStrategy's leveraged strategy. Despite risks, I recommend a Buy on MicroStrategy due to its unique approach to leveraging Bitcoin holdings for shareholder value. Read the full article on Seeking AlphaSeeking Alpha • Dec 10
MicroStrategy: Risky Business Model Makes It A Top Short Idea For 2025
Summary Shorting MicroStrategy is a high-conviction idea due to its risky business model of issuing debt and equity to buy Bitcoin. The most problematic issue is that MicroStrategy actually sells zero-coupon convertible bonds to buy an intangible asset with no intrinsic value. Even if Bitcoin's price remains near $100K, MicroStrategy's stock could fall by 50% due to its market cap valuation premium vs Bitcoin. Read the full article on Seeking AlphaSeeking Alpha • Nov 25
Understanding MicroStrategy
Summary MicroStrategy's stock is best viewed as a closed-end Bitcoin fund, trading at a premium or discount to its Bitcoin NAV, depending on market euphoria. The concept of "Bitcoin Yield" is flawed and misleading, as it relies on issuing equity at a premium without even matching a simple Bitcoin ETF. MicroStrategy faces significant refinancing risk, especially outside of crypto euphoria, which could lead to unfavorable debt terms or even bankruptcy. Investors should consider selling MSTR and replacing it with more reasonable Bitcoin exposure, if they must. Read the full article on Seeking AlphaSeeking Alpha • Nov 19
MicroStrategy Could Be A Multi-Trillion Dollar Company
Summary MicroStrategy is effectively Bitcoin's only investment bank. MSTR's unique strategy involves issuing securities backed by BTC, creating significant value through a spread between BTC's CAGR and fiat cost of capital. Its BTC purchases are best thought of as revenue, and its rock bottom costs of capital are best thought of as costs of revenue. MSTR's market cap could potentially reach $690 billion to $3 trillion, driven by its unparalleled role in the BTC ecosystem and virtually impregnable moat of owning 1.3% of all BTC. Read the full article on Seeking AlphaSeeking Alpha • Nov 09
MSTR: How Game Theory And A Pro Crypto Shift Could Spark Global BTC Adoption
Summary MSTR's Bitcoin strategy under Michael Saylor's leadership has driven significant outperformance, creating momentum for institutional BTC adoption, supported by recent Q3 earnings and a robust "42 Strategy.". Game theory illustrates how institutional and national adoption of BTC could unfold, with MSTR's success pressuring other companies to consider BTC investments. Trump's pro-BTC stance and Republican majority are expected to drive favorable BTC policies, potentially including a national BTC reserve, influencing global BTC adoption. We reiterate our BUY ratings on BTC and MSTR, anticipating accelerated institutional adoption and higher BTC prices driven by FOMO dynamics and supportive U.S. policies. Read the full article on Seeking AlphaSeeking Alpha • Oct 31
MicroStrategy Is Running Towards Its All-Time High
Summary MicroStrategy shares are moving closer to its all-time high, trading at 3.15x price/BTC. MicroStrategy's leveraged BTC strategy and ongoing debt refinancing pose significant risks, with the firm generating a massive operating loss relative to revenue. Despite outperforming BTC, MSTR's valuation is driven by speculative euphoria, potentially reaching its pre-DOTCOM bubble high amidst a declining Federal Funds Rate. Read the full article on Seeking AlphaSeeking Alpha • Oct 21
MicroStrategy: Navigating The Bitcoin Wave With Leverage And Tailwinds
Summary MicroStrategy's Bitcoin-centric strategy, led by Michael Saylor, offers leveraged exposure to Bitcoin, making it a unique investment opportunity. The company's significant Bitcoin holdings and innovative debt-financed acquisition strategy have driven impressive stock performance, despite poor fundamentals. Inclusion in major indices like MSCI World and potential future inclusions could drive institutional interest and stock appreciation, enhancing MSTR's market presence. High short interest presents the possibility of a short squeeze, potentially fueling further stock gains if Bitcoin continues to perform well. Read the full article on Seeking AlphaSeeking Alpha • Oct 14
MicroStrategy's Worst Case Scenario
Summary MicroStrategy has rallied strongly due to Bitcoin's rise, benefiting from higher Bitcoin prices and continued buys financed by debt. MSTR outperforms Bitcoin by leveraging debt to buy more Bitcoin, increasing shareholder value, but faces risks if Bitcoin enters a bear market. Bankruptcy is unlikely even if Bitcoin drops below $15,000; MSTR has several financing options to cover debts even if Bitcoin's price falls. Potential risks include regulatory changes, competition, internal issues, and Bitcoin's price not appreciating as expected, which could impact MSTR's strategy and stock value. Read the full article on Seeking AlphaSeeking Alpha • Oct 07
MicroStrategy: Recent Numbers And Basic Math Show The Tremendous Value In This Company
Summary MicroStrategy's new BTC Yield metric, showing a 17.8% increase YTD, justifies its 2x premium over its BTC holdings. MSTR's intelligent use of convertible debt to monetize amplified BTC volatility enables superior financing for increasing BTC per share. The recent $30.6 million interest expense reduction signals MSTR's possible debt servicing limits, impacting future BTC purchases and convertible issuances. Despite risks, MSTR's strategy and software business support its BTC acquisition, making it a strong buy for BTC bulls. Presented is a model for valuing MSTR based on BTC Yield, MSTR's beta against BTC, and MSTR's ability to service further debt loads. Read the full article on Seeking AlphaSeeking Alpha • Oct 01
MicroStrategy's Valuation Journey: Bitcoin's Power And Cheap Debt
Summary MicroStrategy's innovative strategy of leveraging cheap debt to invest in Bitcoin has significantly increased its market cap from $1.44 billion to over $30 billion in five years. By issuing non-recourse debt at sub-1% interest rates and consistently buying Bitcoin, MicroStrategy has created a self-sustaining cycle of stock price appreciation. The company’s increasing Bitcoin per share metric offers direct exposure to Bitcoin’s growth, positioning MicroStrategy as a pioneer in a new corporate treasury model. While the potential for exponential growth exists, risks include Bitcoin's volatility and regulatory challenges, which could impact MicroStrategy's balance sheet and debt servicing. Read the full article on Seeking Alpha주주 수익률
| MSTR | US Software | US 시장 | |
|---|---|---|---|
| 7D | 2.1% | 3.2% | 2.2% |
| 1Y | -53.7% | -6.0% | 31.1% |
수익률 대 산업: MSTR은 지난 1년 동안 -6%의 수익을 기록한 US Software 산업보다 저조한 성과를 냈습니다.
수익률 대 시장: MSTR은 지난 1년 동안 31.1%를 기록한 US 시장보다 저조한 성과를 냈습니다.
주가 변동성
| MSTR volatility | |
|---|---|
| MSTR Average Weekly Movement | 9.8% |
| Software Industry Average Movement | 9.7% |
| Market Average Movement | 7.3% |
| 10% most volatile stocks in US Market | 16.1% |
| 10% least volatile stocks in US Market | 3.2% |
안정적인 주가: MSTR는 지난 3개월 동안 US 시장에 비해 주가 변동성이 크지 않았습니다.
시간에 따른 변동성: MSTR의 주간 변동성(10%)은 지난 1년 동안 안정적이었습니다.
회사 소개
| 설립 | 직원 수 | CEO | 웹사이트 |
|---|---|---|---|
| 1989 | 1,511 | Phong Le | www.strategy.com |
Strategy Inc는 자회사와 함께 미국, 유럽, 중동, 아프리카 및 전 세계에서 비트코인 수탁 회사로 운영되고 있습니다. 이 회사는 주식 및 채권 상품을 포함한 다양한 증권을 제공하여 투자자에게 비트코인에 대한 다양한 수준의 경제적 노출을 제공합니다. 또한 비전문가도 의사결정을 위한 새롭고 실행 가능한 인사이트에 직접 접근할 수 있는 스트래티지 원을 포함한 AI 기반 엔터프라이즈 분석 소프트웨어를 제공합니다.
Strategy Inc 기초 지표 요약
| MSTR 기초 통계 | |
|---|---|
| 시가총액 | US$65.83b |
| 순이익 (TTM) | -US$12.77b |
| 매출 (TTM) | US$490.47m |
134.2x
주가매출비율(P/S)-5.2x
주가수익비율(P/E)MSTR는 고평가되어 있습니까?
공정 가치 및 평가 분석 보기순이익 및 매출
| MSTR 손익계산서 (TTM) | |
|---|---|
| 매출 | US$490.47m |
| 매출원가 | US$156.39m |
| 총이익 | US$334.08m |
| 기타 비용 | US$13.11b |
| 순이익 | -US$12.77b |
최근 보고된 실적
Mar 31, 2026
다음 실적 발표일
해당 없음
| 주당순이익(EPS) | -36.40 |
| 총이익률 | 68.11% |
| 순이익률 | -2,604.40% |
| 부채/자본 비율 | 18.0% |
MSTR의 장기 실적은 어땠습니까?
과거 실적 및 비교 보기기업 분석 및 재무 데이터 상태
| 데이터 | 최종 업데이트 (UTC 시간) |
|---|---|
| 기업 분석 | 2026/05/11 05:56 |
| 종가 | 2026/05/08 00:00 |
| 수익 | 2026/03/31 |
| 연간 수익 | 2025/12/31 |
데이터 소스
당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.
| 패키지 | 데이터 | 기간 | 미국 소스 예시 * |
|---|---|---|---|
| 기업 재무제표 | 10년 |
| |
| 분석가 컨센서스 추정치 | +3년 |
|
|
| 시장 가격 | 30년 |
| |
| 지분 구조 | 10년 |
| |
| 경영진 | 10년 |
| |
| 주요 개발 | 10년 |
|
* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.
별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.
분석 모델 및 스노우플레이크
이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.
Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.
산업 및 섹터 지표
산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.
분석가 소스
Strategy Inc는 25명의 분석가가 다루고 있습니다. 이 중 11명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
| 분석가 | 기관 |
|---|---|
| Ramsey El-Assal | Barclays |
| Yun Suk Kim | Benchmark Company |
| Mark Palmer | Benchmark Company |