Microstrategy Inc - Class A NASDAQ:MSTR Price, Chart, News & Insight

NASDAQ:MSTR

Strategy (MSTR) Stock Falls 7% After Analysts Cut Price Targets

Strategy (NASDAQ: MSTR) shares fell more than 7% on Tuesday after multiple Wall Street firms lowered their price targets on the Bitcoin-focused company, reflecting a more cautious near-term outlook following recent weakness in cryptocurrency prices.

TD Cowen reduced its price target to $260 from $400 while maintaining a Buy rating. Canaccord Genuity also lowered its target to $130 from $163 and reiterated its Buy recommendation. Meanwhile, Citigroup reaffirmed its Buy rating, signaling continued confidence in the company's long-term strategy despite recent market volatility.

# Lower Bitcoin Prices Pressure Sentiment

The analyst actions come as Bitcoin traded below the key $60,000 level, weighing on sentiment toward companies with significant cryptocurrency exposure.

Strategy, the largest corporate holder of Bitcoin, remains highly sensitive to movements in the digital asset's price, causing the stock to experience greater volatility than the broader equity market.

# Analysts Remain Positive on Long-Term Outlook

Although price targets were reduced, the firms largely maintained their positive ratings, suggesting the revisions reflect updated valuation assumptions rather than a deterioration in Strategy's underlying investment thesis.

Analysts continue to view the company's substantial Bitcoin holdings as a long-term source of value but acknowledge that near-term performance will likely remain closely tied to cryptocurrency market conditions.

# Why MSTR Stock Is Falling

Several factors weighed on shares:

* TD Cowen lowered its price target to $260 from $400.
* Canaccord Genuity reduced its target to $130 from $163.
* Bitcoin remained under pressure, trading below $60,000.
* Investors continued to reduce exposure to cryptocurrency-related equities.

The combination of lower analyst price targets and ongoing weakness in Bitcoin contributed to the roughly 7% decline in Strategy shares, even as most analysts maintained bullish ratings on the stock.

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Global Finance News 06-30-26

Strategy Inc. Edges Up 0.37% in Premarket as Bitcoin Treasury Model Continues to Scale

Strategy ticked up 0.37% in premarket trading after reporting first quarter 2026 results that reflected both the promise and the complexity of the company's singular bet on bitcoin. The headline numbers include a $12.54 billion net loss driven almost entirely by unrealized losses on its digital asset holdings, but investors familiar with the company's unconventional accounting have learned to look past GAAP figures and focus instead on bitcoin accumulation metrics, where the story looks considerably more constructive.

As of May 3, 2026, Strategy held 818,334 bitcoins, representing 22% growth in holdings year to date. The company's bitcoin stash carries an original cost basis of $61.81 billion and a market value of $64.14 billion based on a bitcoin price of approximately $78,374 as of May 1, 2026, implying an average acquisition cost of around $75,537 per coin. The company achieved a BTC Yield of 9.4% year to date and a BTC dollar gain of approximately $4.97 billion over the same period.

The reported net loss of $12.54 billion, or $38.25 per diluted share, compares to a net loss of $4.22 billion in Q1 2025. Both figures are dominated by unrealized losses on digital assets, which totaled $14.46 billion in the current quarter versus $5.91 billion a year ago, reflecting bitcoin's price movements during the respective periods. The company's underlying software business generated revenues of $124.3 million, up 11.9% year-over-year, with gross profit of $83.4 million and a gross margin of 67.1%.

Strategy raised $11.68 billion year to date through its various capital markets instruments, including $7.37 billion in the first quarter alone across its at-the-market offering programs. The standout performer has been STRC, the company's preferred equity instrument marketed as a Digital Credit product. STRC has grown to $8.5 billion in assets under just nine months, which the company claims makes it the largest preferred stock by market capitalization in the world. Year to date STRC raised $5.58 billion, a 189% increase, with daily trading volume reaching $375 million and price volatility declining to 3%.

"STRC has scaled to $8.5 billion in just 9 months and is now the largest preferred stock by market cap in the world," said Founder and Executive Chairman Michael Saylor. "By extracting bitcoin's performance and engineering price stability, we have produced a credit instrument with a 2.53 Sharpe ratio."

Strategy has now made 23 consecutive on-time dividend payments across its preferred equity products, totaling over $693 million in cumulative distributions since launching the instruments in early 2025. The STRC annualized dividend rate currently stands at 11.50%, with monthly payments of $0.96 per share. The company has also proposed doubling STRC's dividend payment frequency to a semi-monthly schedule, which it believes will improve liquidity and price stability further. Preferred dividends are expected to be treated as non-taxable return of capital for the foreseeable future, adding a tax efficiency dimension to the instrument's appeal.

CEO Phong Le pointed to continued institutional adoption of bitcoin as a broader tailwind. "We continue to see traditional finance and major banks including Morgan Stanley, Goldman Sachs, and Citi announcing bitcoin ETFs, trading, custody, and lending services," he said, framing Strategy's position as the dominant corporate bitcoin treasury as increasingly mainstream rather than idiosyncratic.

With over $13.5 billion in preferred equity outstanding and a bitcoin balance sheet that dwarfs any other corporate holder in the world, Strategy's model continues to attract both capital and scrutiny in roughly equal measure. The mild premarket gain suggests investors remain broadly comfortable with the direction of travel, even as the GAAP losses mount alongside each new tranche of bitcoin accumulation.

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WS Investor 05-06-26

Strategy Inc disclosed an update on its at-the-market (ATM) equity program and bitcoin holdings in a Form 8-K filing dated February 9, 2026.

During the period from February 2 to February 8, 2026, the company sold 616,715 shares of its Class A common stock (MSTR) under the ATM program, generating net proceeds of $89.5 million after commissions. No sales were made in any of Strategy’s preferred stock series during the period. As of February 8, 2026, the company retained significant remaining ATM capacity across its common and preferred securities.

Using the ATM proceeds, Strategy acquired 1,142 bitcoins for an aggregate purchase price of $90.0 million, at an average price of $78,815 per bitcoin, inclusive of fees. As of February 8, 2026, Strategy held a total of 714,644 bitcoins, purchased for an aggregate cost of $54.35 billion, with an average acquisition price of $76,056 per bitcoin.

The company also reiterated that its public website dashboard serves as a Regulation FD disclosure channel, providing ongoing updates on bitcoin holdings, securities activity, and other key metrics.

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Global Finance News 02-09-26

Strategy Inc disclosed updates on its at-the-market equity program, bitcoin holdings, and preferred stock dividends in a Form 8-K filing dated January 31, 2026. During the week ended February 1, the company sold 673,527 shares of Class A common stock, generating net proceeds of $106.1 million, while no preferred shares were issued under the ATM program.

Strategy used the equity proceeds to acquire 855 bitcoin for $75.3 million, bringing total holdings to 713,502 BTC at an aggregate purchase cost of $54.26 billion and an average price of $76,052 per bitcoin. The company also raised the annual dividend rate on its Variable Rate Series A Perpetual Stretch Preferred Stock to 11.25% and declared a monthly cash dividend of $0.9375 per share, payable on February 28, 2026, which it expects to be treated as a non-taxable return of capital for U.S. tax purposes.

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Global Finance News 02-02-26

Strategy Inc. reported an update on its at-the-market (ATM) offering and bitcoin holdings in a Form 8-K dated January 26, 2026.

Between January 20 and January 25, 2026, the company sold 1,569,770 shares of Class A common stock and 70,201 shares of its Variable Rate Series A Perpetual Stretch Preferred Stock, generating net proceeds of approximately $264 million. No sales were made in the other preferred stock series during the period.

Using ATM proceeds, Strategy acquired 2,932 bitcoin at an average price of $90,061 per bitcoin, inclusive of fees. As of January 25, 2026, total bitcoin holdings reached 712,647 BTC, with an aggregate purchase price of $54.19 billion and an average cost of $76,037 per bitcoin.

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WS Investor 01-26-26

Strategy Inc reported that between January 12 and January 19, 2026 it raised about $2.13 billion through its at-the-market offerings, primarily from sales of variable-rate preferred stock and Class A common shares. The company used the proceeds to acquire 22,305 bitcoin at an average price of $95,284 per coin, bringing total holdings to 709,715 bitcoin with an aggregate purchase price of about $53.9 billion and an average cost of $75,979 per bitcoin.

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WS Investor 01-20-26

Bitcoin slips today as traders weigh Wall Street signals against fresh ETF headlines

Bitcoin traded lower today, extending choppy early-2026 price action even as traditional finance pushed deeper into crypto. Reuters reported that Morgan Stanley filed with the SEC to launch ETFs linked to bitcoin and solana, a notable endorsement from a major U.S. bank, but the headline did not translate into immediate upside for spot prices.

The pullback looks driven more by positioning and macro cross-currents than by a single negative catalyst. Reuters noted bitcoin and ether were down modestly in the same session that the dollar softened and broader risk appetite improved, suggesting crypto is still struggling to sustain follow-through buying after recent volatility. Investors have also been digesting the latest reminder of balance-sheet sensitivity to crypto drawdowns: Strategy disclosed a large quarterly unrealized loss tied to its bitcoin holdings, reinforcing how sharply sentiment can swing when prices retrace.

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The Investor 01-06-26

Strategy Inc reported updates on its at-the-market (ATM) equity program, bitcoin holdings, and preliminary Q4 2025 financials.

Between December 29, 2025 and January 4, 2026, Strategy sold about 2.0 million shares of Class A common stock, generating net proceeds of approximately $312 million. The proceeds were used to acquire 1,286 bitcoin, bringing total holdings to 673,783 BTC at an aggregate purchase price of about $50.55 billion, or an average of roughly $75,026 per bitcoin.

For Q4 2025, the company reported an unrealized digital asset loss of $17.44 billion, partially offset by a $5.01 billion deferred tax benefit. As of January 4, 2026, Strategy also maintained a U.S. dollar reserve of $2.25 billion to support preferred dividends and debt obligations.

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European Investor 01-05-26

Strategy Inc announced an increase in the dividend rate on its Variable Rate Series A Perpetual Stretch Preferred Stock and declared a new monthly cash dividend, according to a Form 8-K filing.

The company raised the annual dividend rate on the Variable Rate Series A Perpetual Stretch Preferred Stock from 10.75% to 11.00%, effective for monthly periods beginning on or after January 1, 2026. The updated rate was disclosed through the company’s website.

In addition, Strategy’s board of directors declared a cash dividend of $0.916666667 per share on the same preferred stock for the month ending January 31, 2026. The dividend will be payable on January 31, 2026, to shareholders of record as of January 15, 2026, and reflects the new annualized dividend rate of 11.00%.

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European Investor 01-02-26

Strategy Inc reported updates on its ATM program, bitcoin holdings, and liquidity.

Between December 15–21, 2025, Strategy sold 4.54 million Class A shares, generating $747.8 million in net proceeds. No preferred shares were sold. No bitcoin purchases were made during the period; total holdings remain at 671,268 BTC with an aggregate purchase price of $50.33 billion and an average cost of $74,972 per BTC.

The company’s USD reserve, set up to support dividends and debt service, increased to $2.19 billion as of December 21, 2025.

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Global Finance News 12-22-25

07-08-26WS News

06-14-26Global Finance News

06-05-26Global Finance News

03-26-26The Investor

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