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Added to YB: 2024-06-25

Pitch date: 2024-04-01

MSTR [bearish]

Strategy Inc

-18.26%

current return

Author Info

No bio for this author

Company Info

Strategy Inc, together with its subsidiaries, operates as a bitcoin treasury company in the United States, Europe, the Middle East, Africa, and internationally.

Market Cap

$52.8B

Pitch Price

$149.20

Price Target

N/A

Dividend

N/A

EV/EBITDA

6.06

P/E

6.72

EV/Sales

140.52

Sector

Software

Category

special_situation

Show full summary:
Claret Asset Management Portfolio Holding: MicroStrategy Incorporated

MSTR: IT firm ($500M rev) pivoted to Bitcoin, owns 215k BTC (1.02% of total). EV $30B+ vs $15B BTC value. Pre-BTC valuation $1.5-2B. Investors pay $2 per $1 BTC owned. CEO plans more shares/debt for BTC. Risky strategy: inflating stock price by buying BTC at premium.

Read full article (1 min)