Latest news with #MSTR
Yahoo
a day ago
- Business
- Yahoo
MSTR Continues to Expand Bitcoin Holding: What's the Path Forward?
MicroStrategy MSTR, doing business as 'Strategy,' is the world's largest corporate holder of Bitcoin, which reinforced its bullish stance by purchasing 10,100 BTC for $1.05 billion, at an average price of $104,080 per coin between June 9 and June 15, 2025. This marks MSTR's second major Bitcoin purchase in June, reinforcing its aggressive treasury strategy amid market volatility driven by the Israel-Iran conflict. The company's total Bitcoin holdings have now grown to approximately 592,100 Bitcoin, which is worth more than $63 billion. Since initiating its Bitcoin strategy in 2020, MSTR stock has surged by more than 3,000%, reflecting the exponential rise in Bitcoin's price and investor confidence in the firm's bold treasury now controls more Bitcoin than any other publicly traded company, solidifying its position as a pioneer in institutional crypto adoption. The recent Bitcoin purchase was financed through multiple capital-raising initiatives. The company utilized proceeds from its STRK and STRF at-the-market (ATM) equity programs, along with the $979.7 million initial public offering (IPO) of STRD preferred shares, completed on June 10, addition to expanding its Bitcoin holdings, Strategy reported a 13.7% year-to-date yield on its BTC treasury, underscoring the strength of its long-term investment thesis. Encouraged by this performance, the company has raised its full-year 2025 targets, now aiming for a 25% BTC yield and a $15 billion total Bitcoin gain. Compared to Strategy, MARA Holdings MARA and Coinbase COIN offer two distinctly different approaches to crypto Holdings stands out as one of the largest Bitcoin miners, holding 47,531 BTC at the end of the first quarter of 2025. MARA Holdings combines long-term asset accumulation with operational efficiency, leveraging low-cost mining to maintain strong is the largest U.S.-based cryptocurrency exchange, with a well-diversified business model spanning trading, custody, staking and merchant services. Coinbase's robust regulatory standing and global infrastructure provide stability during volatile cycles. With rising crypto adoption, transaction growth and utility expansion, Coinbase is well-positioned for long-term success. Low leverage and a solid financial foundation further support its ability to scale operations and serve both retail and institutional investors effectively. Shares of Strategy have gained 27.4% year to date compared with the Zacks Computer – Software industry's return of 11.3%. MSTR shares have outperformed Coinbase and MARA Holdings. While COIN shares returned 18.9%, MARA Holdings dipped 13.6%. Image Source: Zacks Investment Research MSTR has a Value Score of F. It is currently trading at a Price/Book ratio of 3.05 compared to the sector's 9.67X. Image Source: Zacks Investment Research The Zacks Consensus Estimate for MSTR's 2025 loss is currently pegged at $15.73 per share, unchanged over the past 30 days. The estimate suggests a steep year-over-year decline of 134.08%. Image Source: Zacks Investment Research MSTR stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MicroStrategy Incorporated (MSTR) : Free Stock Analysis Report Marathon Digital Holdings, Inc. (MARA) : Free Stock Analysis Report Coinbase Global, Inc. (COIN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
Strategy vs. MARA Holdings: Which Bitcoin-Focused Stock Has an Edge?
MicroStrategy MSTR, doing business as 'Strategy,' and MARA Holdings MARA are two well-known Bitcoin-focused stocks. While Strategy is the world's largest Bitcoin treasury company, holding 592,100 Bitcoins as of June 15, 2025, MARA Holdings is a pure-play Bitcoin the most popular cryptocurrency, has been soaring due to increasing acceptance as a non-sovereign asset, as well as higher institutional and corporate adoption. Bitcoin hit an all-time high of $111,695 in May, apparently benefiting from easing trade tensions between the United States and China, as well as Moody's downgrade of U.S. sovereign debt, which reflected the digital currency's growing recognition as a store of value. The liberal policies of U.S. President Donald Trump have been benefiting Bitcoin and other crypto assets. An executive order by President Trump, which directed a working group to study and propose changes to cryptocurrency regulations, bodes well for crypto enthusiasts. In March, President Trump announced the creation of a crypto reserve, including Bitcoin, Ethereum, XRP, Solana and Cardano, which augurs well for cryptocurrency-focused stocks, including Strategy and MARA the escalating conflict between Israel and Iran, as well as the increasing chances of U.S. involvement, has aggravated volatility. Bitcoin stooped to $103,00 but recovered to trade above $106,000, lower than the all-time high, much higher than the $76,000 it registered in early April. Moreover, macroeconomic challenges, including higher tariffs, are concerning for both stocks. In the past week, MSTR and MARA shares have dropped 2.8% and 8.4%, respectively. Year to date, while MSTR shares have appreciated 27.4%, MARA has fallen 13.6%. Image Source: Zacks Investment Research Strategy or MARA Holdings, which has an edge now? Strategy benefits from increasing bitcoin yield, 13.7% as of April 28, 2025, keeping the company on track to reach the full-year target of 15%, which is now raised to 25%, and the bitcoin dollar gain target to $15 billion (up from the initial target of $10 billion). Bitcoin gains in dollar terms were $4.1 billion in the first quarter of 2025 and $5.8 billion as of April 28, company's disciplined approach to capital raising through preferred equity offerings — Strike (8% convertible preferred is trading with an effective yield of roughly 9%) and Strife (10% fixed coupon perpetual preferred) — is a key catalyst. As of April 28, 2025, MSTR raised $6.6 billion through equity offerings and $3.4 billion through fixed income ($2 billion from convertible notes, and $0.7 billion each through Strike and Strife).Strategy has issued $20.9 billion in equities and $6.4 billion in fixed-income securities as part of its 21/21 plan since Oct. 30, 2024. The company has $14.6 million remaining under fixed-income securities and $0.1 million under equities as part of the existing plan. Strategy currently plans to raise $42 billion through equity issuance and $42 billion through fixed-income securities by the end of 2027. Under the current plan, the company has $21.1 billion in equity and $35.6 billion in fixed-income securities remaining to be issued. Strategy is benefiting from growing software subscription revenues. The company benefits from continuing cloud demand with its flagship Strategy One, which powers some of the largest analytics deployments in the world. Strategy One supports varied industries, including retail, banking, technology, manufacturing, insurance, consulting, healthcare, telecommunications and the public sector. MicroStrategy is leveraging generative AI to automate and accelerate the deployment of AI-enabled applications across enterprises. MARA Holdings hold 47,531 bitcoins at the end of the first quarter of 2025. The company continues with its commitment to scaling operations and enhancing efficiencies. In 2024, Marathon acquired seven sites across the United States. In the third quarter of 2024, the company increased its interconnect-approved capacity by 372 MW across three Ohio data centers, positioning itself for sustained mining expansion. MARA also acquired the Hopedale and Hannibal facilities for just $270,000 per MW, significantly below the industry average of $900,000 to $1.5 million per Holdings is developing a greenfield facility in Ohio, which is expected to add 150 MW of capacity. These strategic expansions support MARA's growth and reduce reliance on third-party providers. By owning and operating more than 50% of its 1.7 GW compute capacity, the company aims to minimize operational risks and lower costs. This vertical integration aligns with MARA's objective to lead the digital asset industry while maintaining flexibility in energy sourcing and operational Bitcoin miners are facing difficulties from rising hashrate hurting margins. Per Coindesk, which cited TheMinerMag report, mining difficulty hit a record 126.98 trillion, propelled by a 14-day average hashrate of 913.54 exahashes per second (EH/s). Intensifying competition and energy costs are expected to drive production expenses above $70,000 per Bitcoin from $64,000 in the first quarter of 2025. This does not bode well for miners, including MARA Holdings' which reported energy costs per Bitcoin of $35,728 in first-quarter 2025. The Zacks Consensus Estimate for MSTR's 2025 loss is pegged at $15.73 per share, unchanged over the past 30 days. The company reported a loss of $6.72 per share in 2024. MicroStrategy Incorporated price-consensus-chart | MicroStrategy Incorporated Quote The consensus mark for MARA Holdings' 2025 loss has improved a couple of cents to $1.77 per share over the past 30 days. The company reported earnings of $1.72 per share in 2024. Marathon Digital Holdings, Inc. price-consensus-chart | Marathon Digital Holdings, Inc. Quote Both Strategy and MARA Holdings are overvalued, as suggested by the Value Score of F. In terms of Price/Book, Strategy shares are trading at 3.05X, higher than MARA Holdings' 1.37X. Image Source: Zacks Investment Research Both Strategy and MARA Holdings benefit from their policy to hold Bitcoin on their balance sheets. However, MARA's significant dependence on Bitcoin makes it a riskier stock due to growing volatility. Strategy's diversified business model (though software is a very small part of the business) offers some relief to investors in this a Zacks Rank #3 (Hold) company, has an edge compared with MARA Holdings, which currently has a Zacks Rank #4 (Sell).You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MicroStrategy Incorporated (MSTR) : Free Stock Analysis Report Marathon Digital Holdings, Inc. (MARA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
a day ago
- Business
- Globe and Mail
MSTR Continues to Expand Bitcoin Holding: What's the Path Forward?
MicroStrategy MSTR, doing business as 'Strategy,' is the world's largest corporate holder of Bitcoin, which reinforced its bullish stance by purchasing 10,100 BTC for $1.05 billion, at an average price of $104,080 per coin between June 9 and June 15, 2025. This marks MSTR's second major Bitcoin purchase in June, reinforcing its aggressive treasury strategy amid market volatility driven by the Israel-Iran conflict. The company's total Bitcoin holdings have now grown to approximately 592,100 Bitcoin, which is worth more than $63 billion. Since initiating its Bitcoin strategy in 2020, MSTR stock has surged by more than 3,000%, reflecting the exponential rise in Bitcoin's price and investor confidence in the firm's bold treasury approach. Strategy now controls more Bitcoin than any other publicly traded company, solidifying its position as a pioneer in institutional crypto adoption. The recent Bitcoin purchase was financed through multiple capital-raising initiatives. The company utilized proceeds from its STRK and STRF at-the-market (ATM) equity programs, along with the $979.7 million initial public offering (IPO) of STRD preferred shares, completed on June 10, 2025. In addition to expanding its Bitcoin holdings, Strategy reported a 13.7% year-to-date yield on its BTC treasury, underscoring the strength of its long-term investment thesis. Encouraged by this performance, the company has raised its full-year 2025 targets, now aiming for a 25% BTC yield and a $15 billion total Bitcoin gain. MSTR Faces Pressure From Rising Crypto Rivals Compared to Strategy, MARA Holdings MARA and Coinbase COIN offer two distinctly different approaches to crypto exposure. MARA Holdings stands out as one of the largest Bitcoin miners, holding 47,531 BTC at the end of the first quarter of 2025. MARA Holdings combines long-term asset accumulation with operational efficiency, leveraging low-cost mining to maintain strong liquidity. Coinbase is the largest U.S.-based cryptocurrency exchange, with a well-diversified business model spanning trading, custody, staking and merchant services. Coinbase's robust regulatory standing and global infrastructure provide stability during volatile cycles. With rising crypto adoption, transaction growth and utility expansion, Coinbase is well-positioned for long-term success. Low leverage and a solid financial foundation further support its ability to scale operations and serve both retail and institutional investors effectively. MSTR's Price Performance, Valuation & Estimates Shares of Strategy have gained 27.4% year to date compared with the Zacks Computer – Software industry's return of 11.3%. MSTR shares have outperformed Coinbase and MARA Holdings. While COIN shares returned 18.9%, MARA Holdings dipped 13.6%. Image Source: Zacks Investment Research MSTR has a Value Score of F. It is currently trading at a Price/Book ratio of 3.05 compared to the sector's 9.67X. The Zacks Consensus Estimate for MSTR's 2025 loss is currently pegged at $15.73 per share, unchanged over the past 30 days. The estimate suggests a steep year-over-year decline of 134.08%. MSTR stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MicroStrategy Incorporated (MSTR): Free Stock Analysis Report Marathon Digital Holdings, Inc. (MARA): Free Stock Analysis Report Coinbase Global, Inc. (COIN): Free Stock Analysis Report
Yahoo
a day ago
- Business
- Yahoo
Strategy (MSTR) Acquires $1B Bitcoin on Iran-Israel Conflict
Strategy Incorporated (NASDAQ:MSTR) is one of the 13 best software stocks to buy now. On June 16, the company confirmed the addition of $1 billion worth of Bitcoin into its portfolio. The company acquired 10,100 bitcoin during the week ending June 15, as the Israel-Iran conflict continues to pressure the markets. The purchase came on Bitcoin dropping from $110,000 to a low of $103,639 on June 12. Strategy leveraged the pullback to purchase the flagship cryptocurrency as Israel continues to strike Iranian nuclear facilities, sending shockwaves in the equity markets. The purchase also came as Strategy's third bitcoin-backed preferred stock started trading on the NASDAQ on June 11. Following the purchase, Strategy's total holding now stands at 592,100 BTC, acquired for about $41.8 billion at an average price of $70.666 per coin. Strategy Incorporated (NASDAQ:MSTR) provides cloud-native, AI-powered enterprise analytics software. It is also the world's first and largest Bitcoin Treasury Company, holding Bitcoin as its primary treasury reserve asset. The company leverages its software expertise and Bitcoin strategy to explore innovation in business intelligence and applications. While we acknowledge the potential of MSTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Healthcare Stocks to Buy Now and 10 Stocks Analysts Are Upgrading Today. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
1 Unstoppable Cryptocurrency to Buy Before It Soars 12,280%, According to MicroStrategy's Michael Saylor
MicroStrategy's Michael Saylor thinks Bitcoin has the potential to reshape the entire global financial system. Saylor predicts that one Bitcoin could trade for $1 million in a decade from now, and then for a whopping $13 million by 2045. There are some issues with Saylor's forecasts, but that doesn't mean Bitcoin is a terrible investment. 10 stocks we like better than Bitcoin › Bitcoin (CRYPTO: BTC) has a market capitalization of $2.1 trillion, making it the world's largest cryptocurrency by a wide margin. In fact, it accounts for more than half of the value of all coins and tokens in circulation, which stands at $3.4 trillion as of this writing (June 14). A single Bitcoin currently trades for $105,000, but in an interview with Bloomberg last week, MicroStrategy (NASDAQ: MSTR) co-founder Michael Saylor said $1 million might be in the cards in the next 10 years. While that sounds ambitious, it isn't even his most bullish prediction. He also maintains a long-term forecast that suggests the cryptocurrency could reach $13 million by the year 2045. If Saylor is right, investors who buy Bitcoin today could earn a staggering 12,280% return over the next 20 years. But how realistic is his target? Bitcoin is a unique asset that investors increasingly view as a legitimate store of value. It's completely decentralized, so it can't be controlled by any person, company, or government. It also has a capped supply of 21 million coins, and it's built on a secure system of record called the blockchain, where transactions can be publicly verified. Michael Saylor thinks society would benefit from "tokenizing" every asset in the world onto a blockchain, as it would introduce transparency and solve inefficiencies in the current system. For example, there is no centralized database of private equity or real estate holdings in the U.S., which is why transactions often involve lengthy due diligence processes and incur steep legal costs. Saylor believes Bitcoin is the perfect reserve asset for the tokenization process due to its decentralized nature. In other words, it would be the currency everyone uses when buying, selling, and transferring tokenized assets, so owning Bitcoin would be a necessity for everyone who wants to participate in the global financial system. Saylor also thinks the current U.S. government could lay the groundwork for this new system, as President Donald Trump is arguably the most pro-crypto president in history. Trump has recruited several key personnel who share his enthusiasm for the industry, including Paul Atkins, who is now the chairman of the Securities and Exchange Commission (SEC). Saylor says the first step is to create a digital assets framework to outline a clear set of rules and laws, which could encourage other countries to follow suit. With full global cooperation, he believes the world's $500 trillion in total assets can be moved onto the blockchain by 2045, which would drive the price of a single Bitcoin to $13 million. As I mentioned at the top, Bitcoin has a market capitalization of $2.1 trillion as of this writing. If its price rose to $13 million, its fully diluted market cap would balloon to an eye-popping $273 trillion (based on its capped supply of 21 million coins). That means Bitcoin would be worth almost 6 times more than the entire S&P 500 (SNPINDEX: ^GSPC) stock market index, which is home to 500 companies with a combined market cap of $47.5 trillion. It would also be worth 9 times more than the annual output of the entire U.S. economy, which was $29.7 trillion last year. As a result, I think Saylor's target is unrealistic. Not to mention, convincing every government in the world to endorse tokenization and adopt Bitcoin will face significant social and political resistance. Every economy operates at a different speed, which is why the currency of each nation is valued differently. A weaker currency, for example, makes the exports of smaller countries appear more attractive, which helps them compete on the global stage. If every nation adopted Bitcoin, smaller countries would be forced onto a level playing field with economic powerhouses like the U.S. and China, where they would struggle to maintain their appeal as trading partners or as destinations for investment. Plus, floating-rate fiat currencies can help countries absorb economic shocks. When citizens of the United Kingdom voted to leave the European Union in 2016, the British pound rapidly lost around 20% of its value relative to the U.S. dollar, which compensated for a potential economic slowdown by making British exports cheaper for foreign buyers. If the United Kingdom had adopted Bitcoin along with the rest of the world, it might have faced a prolonged recession. Although I think Michael Saylor's $13 million price target is unrealistic, it doesn't mean Bitcoin is a terrible investment. It's technically a scarce asset due to its fixed supply, which is a key reason why a growing number of investors view it as a good store of value -- kind of like a digital version of gold. The total value of all above-ground gold reserves currently stands at $23.1 trillion, so Bitcoin's market cap would have to climb tenfold to match. That implies a potential price-per-coin of $1.1 million, so Saylor's shorter-term target of $1 million might actually be achievable. Still, it's important for investors to remember that Bitcoin is a speculative asset. It doesn't produce any revenue or earnings, so its value can only be realistically tied to what the next person is willing to pay (which is always an unknown). Plus, Michael Saylor's company, MicroStrategy, owns 582,000 Bitcoin worth $60 billion, so he has a vested interest in issuing bullish forecasts. Before you buy stock in Bitcoin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Bitcoin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,702!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $870,207!* Now, it's worth noting Stock Advisor's total average return is 988% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Anthony Di Pizio has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy. 1 Unstoppable Cryptocurrency to Buy Before It Soars 12,280%, According to MicroStrategy's Michael Saylor was originally published by The Motley Fool Sign in to access your portfolio
