MicroStrategy Incorporated provides global business analysis software and services. The company is headquartered in Tysons Corner, Virginia.
| Revenue (TTM) | $490.47M |
| Gross Profit (TTM) | $334.07M |
| EBITDA | $-13.99B |
| Operating Margin | -11642.00% |
| Return on Equity | -30.80% |
| Return on Assets | -17.80% |
| Revenue/Share (TTM) | $1.65 |
| Book Value | $105.95 |
| Price-to-Book | 0.98 |
| Price-to-Sales (TTM) | 68.47 |
| EV/Revenue | 104.16 |
| EV/EBITDA | 179.17 |
| Quarterly Earnings Growth (YoY) | -77.50% |
| Quarterly Revenue Growth (YoY) | 11.90% |
| Shares Outstanding | $338.13M |
| Float | $329.89M |
| % Insiders | 0.25% |
| % Institutions | 64.06% |
Volatility is currently expanding
MicroStrategy (NASDAQ:MSTR | MSTR Price Prediction) has become the market's cleanest proxy for Bitcoin, and right now that is a double-edged sword.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
@cointelegraph's Ray Salmond remains bullish on Bitcoin, which saw a short-term uptrend even after Strategy (MSTR) sold $216 million worth of the cryptocurrency. Ray adds his thoughts on what the Fed's impact on cryptocurrencies looks like, noting that Bitcoin could be “on pins and needles tomorrow.
Strategy (MSTR) reached $97.36 at the closing of the latest trading day, reflecting a -3.38% change compared to its last close.
June nonfarm payrolls rose by just 57,000 against a consensus of 115,000, while the unemployment rate fell to 4.2% from 4.3%.¹ The two-year Treasury yield dropped more than five basis points on the release, and bitcoin rebounded off its cycle low near $57,000, in line with the shift in rate expectations.
Strategy (MSTR) is selling more Bitcoin, though @CharlesSchwab's Jim Ferraioli says the company's plans buy it "enough time" to balance cash reserves for its Stretch (STRC) preferred stock. When it comes to Bitcoin, he talks about what he calls "classic" moves the cryptocurrency is currently experiencing and weighs fundamentals against current narratives.
Peter Schiff slammed President Donald Trump's crypto donors on Tuesday, July 7, accusing them of cashing in a political favor after Trump teased the possibility of adding Bitcoin (BTC) to the new Trump Accounts savings program for children.
Bitcoin prices took an early dive on Monday, before bouncing back into the green, after Strategy disclosed the sale of more than $200 million worth of the cryptocurrency so it could make some payments to shareholders.
Crypto-treasury giant Strategy sold $216 million of Bitcoin last week – a sign that it is abandoning co-founder Michael Saylor's “Never sell your Bitcoin” mantra as a slumping digital asset market hits its own shares.
Strategy MSTR (formerly known as Microstrategy), the largest corporate holder of Bitcoin, disclosed on Monday that it sold 3,588 Bitcoins for approximately $216 million last week. The sale was part of a newly introduced treasury framework designed to support preferred stock obligations and strengthen its cash reserves.
