BTIG Research Reaffirms Buy Rating for Strategy (NASDAQ:MSTR)

Strategy (NASDAQ:MSTR)‘s stock had its “buy” rating reissued by analysts at BTIG Research in a research report issued to clients and investors on Wednesday,Benzinga reports. They currently have a $250.00 price target on the software maker’s stock. BTIG Research’s target price suggests a potential upside of 102.07% from the stock’s current price.

MSTR has been the subject of a number of other research reports. Cantor Fitzgerald started coverage on shares of Strategy in a research note on Tuesday, January 27th. They issued an “overweight” rating for the company. Zacks Research upgraded shares of Strategy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 10th. Texas Capital raised shares of Strategy to a “strong-buy” rating in a report on Thursday, March 19th. Wall Street Zen lowered shares of Strategy from a “hold” rating to a “sell” rating in a report on Sunday, February 8th. Finally, Canaccord Genuity Group set a $185.00 target price on shares of Strategy and gave the stock a “buy” rating in a report on Wednesday, February 4th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $368.21.

Strategy Trading Down 3.1%

Shares of MSTR stock opened at $123.72 on Wednesday. Strategy has a 52-week low of $104.17 and a 52-week high of $457.22. The stock has a market cap of $41.29 billion, a price-to-earnings ratio of -6.72 and a beta of 3.55. The company has a debt-to-equity ratio of 0.18, a quick ratio of 5.62 and a current ratio of 5.62. The firm has a fifty day moving average of $133.45 and a 200-day moving average of $190.91.

Strategy (NASDAQ:MSTR) last announced its quarterly earnings data on Thursday, February 5th. The software maker reported ($42.93) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $46.02 by ($88.95). Strategy had a negative net margin of 806.34% and a negative return on equity of 8.74%. The business had revenue of $122.99 million during the quarter, compared to analyst estimates of $117.42 million. During the same quarter in the prior year, the company posted ($3.03) EPS. The company’s quarterly revenue was up 1.9% compared to the same quarter last year.

Insiders Place Their Bets

In other news, CEO Phong Le sold 3,299 shares of the company’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $138.33, for a total value of $456,350.67. Following the sale, the chief executive officer owned 22,923 shares of the company’s stock, valued at approximately $3,170,938.59. This represents a 12.58% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Jeanine Montgomery sold 470 shares of the company’s stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $138.33, for a total transaction of $65,015.10. Following the completion of the sale, the chief accounting officer directly owned 10,423 shares in the company, valued at approximately $1,441,813.59. The trade was a 4.31% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have purchased 8,521 shares of company stock worth $1,130,026 and have sold 10,052 shares worth $1,375,602. 8.46% of the stock is owned by company insiders.

Institutional Investors Weigh In On Strategy

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in Strategy by 21.0% during the 4th quarter. Vanguard Group Inc. now owns 24,062,886 shares of the software maker’s stock worth $3,656,356,000 after acquiring an additional 4,178,611 shares during the last quarter. Capital International Investors grew its holdings in Strategy by 37.3% during the 4th quarter. Capital International Investors now owns 20,614,868 shares of the software maker’s stock worth $3,132,460,000 after acquiring an additional 5,600,573 shares during the last quarter. Capital Research Global Investors grew its holdings in Strategy by 66.7% during the 4th quarter. Capital Research Global Investors now owns 7,008,535 shares of the software maker’s stock worth $1,064,963,000 after acquiring an additional 2,803,277 shares during the last quarter. State Street Corp grew its holdings in Strategy by 2.3% during the 4th quarter. State Street Corp now owns 6,127,301 shares of the software maker’s stock worth $931,043,000 after acquiring an additional 138,253 shares during the last quarter. Finally, Amundi grew its holdings in Strategy by 373.7% during the 4th quarter. Amundi now owns 4,790,702 shares of the software maker’s stock worth $727,947,000 after acquiring an additional 3,779,340 shares during the last quarter. Institutional investors own 59.84% of the company’s stock.

Trending Headlines about Strategy

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Company resumed buying bitcoin, acquiring 4,871 BTC (~$330M) over April 1–5 and raising total holdings to ~766,970 BTC — a direct bullish catalyst that boosts investor appetite for the equity as a leveraged way to own BTC. Strategy Resumes Bitcoin Buying With $330 Million Purchase
• Positive Sentiment: Management has expanded at‑the‑market (ATM) offerings and uses Series A preferred funding to finance bitcoin buys — that capital runway makes continued accumulation possible and is viewed as supportive for future share performance if BTC recovers. Strategy Expands ATM Offering and Boosts Bitcoin Holdings
• Positive Sentiment: Large-scale cumulative buying by Strategy is being framed as supply absorption that could tighten available BTC supply and support higher bitcoin prices over time — a macro tailwind for MSTR equity. Bitcoin may hit $110K as Strategy absorbs nearly 3x new BTC supply
• Neutral Sentiment: CEO/founder public comments (e.g., saying the Bitcoin 4‑year cycle is “over”) shape narrative and investor conviction but are interpretive — they influence sentiment more than fundamentals. Michael Saylor Says Bitcoin 4-Year Cycle Is Over, But This Is A Good Thing For Price
• Negative Sentiment: Strategy reported a very large Q1 unrealized digital‑asset loss (~$14.5B) under fair‑value accounting — that creates volatile GAAP results, can pressure sentiment on down days, and makes reported earnings swings dramatic. Michael Saylor’s Strategy Posts $14.5B Unrealized Loss In Q1
• Negative Sentiment: Reliance on equity and preferred issuance to fund bitcoin buys raises dilution and financing‑risk concerns — if BTC falls or capital markets tighten, those funding costs/terms could weigh on shareholders. Strategy Bitcoin Bet Deepens With Preferred Equity Funding And Huge Unrealized Loss

About Strategy

Strategy, formerly known as MicroStrategy, Incorporated (NASDAQ: MSTR) is a global provider of enterprise analytics and mobility software. The company’s flagship platform offers business intelligence, data discovery, and advanced visualizations that enable organizations to analyze large volumes of data and deliver actionable insights. In addition to traditional on-premises deployments, Strategy provides a range of cloud-based services and managed offerings that allow customers to leverage the power of its analytics tools without managing complex infrastructure.

Founded in 1989 by Michael J.