Strategy Inc

MSTR

Market cap $90.6B

Over the past five years, there's arguably been no better stock than Strategy (MSTR -4.57%), the company formerly known as MicroStrategy. It's up a head-spinning 1,894% over that time period as of October 8.

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?

Zacks.com users have recently been watching Strategy (MSTR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Strategy Inc (MSTR) is a unique, leveraged Bitcoin proxy, holding ~3% of global BTC supply and positioned as the largest corporate Bitcoin treasury. MSTR's capital markets strategy amplifies BTC exposure per share, achieving a 25% BTC yield YTD and offering more upside than a standard BTC ETF. Valuation remains attractive, with MSTR trading at a discount on traditional metrics and a 50% premium to BTC NAV justified by ongoing coin accumulation.

Strategy (MSTR) closed at $359.69 in the latest trading session, marking a +2.29% move from the prior day.

The cryptocurrency market has historically been driven by passionate retail investors. In recent years, however, several high-profile executives have also started embracing digital assets.

Strategy overstated bitcoin strategy profitability, understated volatility and ASU 2023-08 risks, rendering its public statements false and misleading.

Investors are now all-but-certain that the Federal Reserve will cut interest rates in October, which would likely boost cryptos.

Michael Saylor, MicroStrategy's executive chairman, says the company's new digital credit product “Stretch” strips away volatility and risk from Bitcoin. He tells Romaine Bostick and Katie Greifeld on The Close that MicroStrategy has launched four credit instruments this year worth $4 billion, with more to come.

Strategy (MSTR) closed at $322.22 in the latest trading session, marking a -1.29% move from the prior day.