股价表现与市场关注度 - 公司股票近期受到市场高度关注 [1] - 过去一个月股价下跌16.3% 同期标普500指数上涨2.4% [2] - 所属的金融综合服务行业同期表现持平 [2] 盈利预测修正 - 当前季度预计每股亏损0.11美元 同比改善93% [5] - 当前财年共识盈利预期为-15.73美元 同比下降134.1% [5] - 下一财年共识盈利预期为0.4美元 同比增长97.5% [6] - 过去30天内所有盈利预期均未作修正 [5][6] - 基于盈利预期修正等因素 公司获得Zacks第四评级(卖出) [7] 收入增长前景 - 当前季度收入预期1.182亿美元 同比增长1.8% [11] - 当前财年收入预期4.6675亿美元 同比增长0.7% [11] - 下一财年收入预期4.8505亿美元 同比增长3.9% [11] 近期业绩表现 - 上季度报告收入1.1449亿美元 同比增长2.7% [12] - 上季度每股收益32.6美元 去年同期为-0.76美元 [12] - 收入超预期2.09% 每股收益超预期27266.67% [12] - 过去四个季度中仅一次超越盈利预期和收入预期 [13] 估值水平 - 采用Zacks价值评分系统评估估值合理性 [16] - 公司获得F评级 表明其交易价格较同业存在溢价 [17] - 估值倍数包括市盈率(P/E) 市销率(P/S)和市现率(P/CF) [15]

Strategy Inc. (NASDAQ:MSTR) is one of the best multibagger stocks to invest in right now. The company positions itself as the world’s largest Bitcoin Treasury Company, a strategy shaped by CEO Michael Saylor’s view that bitcoin will replace gold as a non-governmental store of value. As of the end of July, the company held 628,791 bitcoins on its balance sheet, valued at about $70 billion at current prices. TD Cowen Reaffirms Buy on Strategy (MSTR), Trims Target to $640 Photo by Jievani Weerasinghe on Uns ...

Another shareholder lawsuit alleging dodgy accounting practices at Bitcoin treasury giant Strategy has been dropped, court documents show.  Documents filed Wednesday show the scrapped case, brought in June by shareholders Abhey Parmar and Zhenqiu Chen, had alleged breaches of fiduciary duties, unjust enrichment, abuse of control, and gross mismanagement in the company.  The dismissal comes just weeks after a different class-action lawsuit accusing the company of misleading shareholders about how new account ...

加密货币概念股表现 - 截至发稿 Bit Digital(BTBT US)股价上涨超过7% [1] - Bitmine Immersion Technologies(BMNR US)股价上涨超过7% [1] - MicroStrategy(MSTR US)股价上涨超过1 7% [1] - Hut 8(HUT US)股价上涨超过6 8% [1] - American Bitcoin(ABTC US)股价上涨超过2% [1]

Key takeaway: Michael Saylor’s company, formerly known as MicroStrategy, now holds more Bitcoin than the cash reserves of several of the world’s largest tech giants. What happened Strategy Inc disclosed in a Sept. 8 filing that its Bitcoin holdings have reached 638,460 BTC, worth about $71 billion. This puts the company fifth among the world’s largest corporate treasuries, above Nvidia ($57B), Apple ($55B), Meta ($47B) and Tesla ($37B). Only Microsoft, Google, Amazon and Berkshire Hathaway sit higher on t ...

公司动态 - Wedbush Securities分析师Dan Ives担任一家计划将加密货币纳入资产负债表的小型上市公司董事长 [1] - 包装和零售库存管理公司Eightco Holdings通过私募配售筹集2.5亿美元用于购买Worldcoin加密货币 [2] - 特斯拉首席执行官埃隆·马斯克的律师Alex Spiro担任专注于狗狗币的上市公司董事长 [4] - 知名加密货币风险投资家Kyle Samani将担任专注于Solana加密货币的公共 treasury公司董事长 [4] 行业趋势 - 数字资产 treasury公司通过吸引知名人士加入董事会来在日益饱和的市场中实现差异化 [3][4] - 自1月以来209家公司宣布计划筹集超过1450亿美元资金用于加密货币 treasury策略 [5] - 软件公司MicroStrategy（现名Strategy）在2020年首次普及加密货币囤积策略 [6] - 除比特币外，现出现专门致力于以太坊、Solana和XRP等更奇特加密货币的 treasury公司 [7] 市场影响 - 投资者可通过投资这些公共 treasury公司获得通常无法通过经纪账户交易的代币敞口 [3] - MicroStrategy股票被交易者视为比特币代理，随着加密货币价格上涨其股价大幅上涨 [6] - 这种名人背书策略被比作好莱坞模式，类似于汤姆·克鲁斯等明星与电影的关联方式 [4]

核心观点 - 市场预期美联储2025年9月降息可能加速投机行为 但Strategy Inc（MSTR）可能无法实现新高[1] - 公司业务模式缺乏质量因素 被市场视为高风险杠杆比特币投资工具而非软件企业[3][4][6] - 市场通过估值折价和做空增加表达对Strategy的悲观预期 内部人士减持进一步削弱信心[9][12][13] 市场环境与行业表现 - 标普500指数在科技板块推动下达到历史投机期估值水平 比特币年内上涨18%成为风险偏好领先指标[2] - 软件行业平均市净率为11.1倍 而Strategy市净率仅4.5倍 显著低于行业水平[9] - 低利率环境可能引发资金轮动 转向近期被忽视的标普500其他板块和资产类别[3] 公司业务与财务风险 - 公司从软件业务转型为通过发行股票融资购买比特币的杠杆化投资工具[4][5] - 资产负债表主要由债务和投资者稀释获得的现金构成 比特币是唯一有价值资产[10][11] - 投资者可直接购买比特币而无需承担公司杠杆风险和股权稀释影响[11] 市场表现与投资者行为 - 过去一个月股价下跌16.5% 反映市场情绪转变[8] - 做空兴趣增加3.2% 显示空头预期未来数月获利机会[12] - 首席财务官在2025年8月以每股395美元价格出售740万美元股票 接近股价高点[13] 分析师评级与市场地位 - 尽管获得"适度买入"评级 但顶级分析师推荐的五只股票中未包含Strategy[14] - 市场不愿对公司账面价值支付公平估值 因其主要由债务和稀释融资构成[10]

PresentationMichael ColonneseMD of Equity Research & Senior Technology Analyst Welcome back, everyone. Welcome back. I hope you are all ready for what I believe will be one of the best presentations at this year's conference. But I must admit as a Bitcoiner and the covering analyst on Strategy stock, I'm a bit biased. I'm Michael Colonnese, Managing Director and crypto analyst here at H.C. Wainwright, and I am very excited and honored to introduce our special keynote speaker for today. He is the Founder and ...

Michael Saylor’s Strategy Inc., formerly known as MicroStrategy, added 1,955 Bitcoin between September 2 and 7, spending $217.4M – but will this acquisition go long? According to new filings with the US Securities and Exchange Commission (SEC), the latest purchase brings the firm’s total holdings to 638,460 BTC. The average price of the new batch was $111,196 per coin. Across all purchases, the company’s average cost stands at roughly $73,880 per Bitcoin. On paper, that leaves Strategy with sizable unre ...

Strategy (NasdaqGS:MSTR) FY Conference September 08, 2025 04:00 PM ET Company ParticipantsMichael Saylor - Executive ChairmanConference Call ParticipantsMike Colonnese - MD & Senior Technology AnalystMike ColonneseWelcome back, everyone. Welcome back. I hope you are all ready for what I believe will be one of the best presentations at this year's conference. But I must admit, as a Bitcoiner and the covering analyst on strategy stock, I'm a bit biased. I'm Michael Aneze, managing director and crypto analyst ...