Source: Cointelegraph.com NewsKey takeaways:<\/p>\n
Strategy\u2019s stock rose 32% in April, its biggest monthly gain since November.
\nSpeculation is building that Strategy will announce a major capital raise during its Q1 earnings call on May 1 as it continues to grow its Bitcoin holdings.
\nAnalysts expect a 1% year-on-year revenue bump to $116.6 million, following the firm\u2019s $120.7 million revenues for Q4 2024.<\/p>\n
Michael Saylor\u2019s Strategy closed April with its highest monthly gain since November, ahead of the firm\u2019s highly anticipated earnings call on May 1. Source: Cointelegraph.com NewsKey takeaways: Strategy\u2019s stock rose 32% in April, its biggest monthly gain since November. Speculation is building that Strategy will announce a major capital raise during its Q1… <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128353"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=128353"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128353\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128353"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nStrategy (MSTR), formerly known as MicroStrategy, closed April 30 trading at $380.11, a 32% increase from its closing price of $288 on March 31, according to Google Finance data.
\nSpeculation mounts on \u201chuge capital raise\u201d\u00a0
\nIt\u2019s Strategy’s highest monthly gain in five months, following a 59% rise over November as the value of its vast Bitcoin (BTC) holdings swelled amid a price rally that saw BTC reach $100,000 for the first time on Dec. 5, which was kicked off by Donald Trump\u2019s Nov. 5 election win.
\nSource: Mark HarveyThe recent surge in Strategy\u2019s stock price comes as the firm prepares to announce its first-quarter 2025 results after the US markets close on May 1. Saylor will host a webinar to discuss the results shortly after, at 9 pm UTC.
\nAccording to Seeking Alpha, analysts expect Strategy to report revenue of $116.6 million, reflecting a 1% year-on-year increase. The analytics firm also said that Strategy has beaten revenue estimates 25% of the time over the past two years.
\nThe estimate represents a 3.40% decline compared to the previous quarter. The firm reported $120.7 million in revenue in the fourth quarter of 2024, marking a 3% year-on-year fall that missed analyst estimates by about $2 million.
\nStrategy reported a net loss of $670.8 million in Q4 2024 as the firm stacked an additional 218,887 Bitcoin.
\nApollo Sat’s founder Thomas Fahrer said in an April 30 X post, that \u201cMSTR will announce a huge capital raise in their earnings call tomorrow. $100B is in play.\u201d
\nRelated: Strategy added 15,355 Bitcoin for $1.42B as the price surged above $90K
\nOn March 10, Strategy announced that it had entered into a new sales agreement that would allow the firm to issue and sell shares of its 8% Series A perpetual strike preferred stock to raise funds for general corporate purposes, including potential Bitcoin acquisitions.
\nAt the time of publication, Strategy is holding 553,555 Bitcoin, worth approximately $52.57 billion, according to Saylor Tracker data.
\nMeanwhile, Syz Capital partner Richard Byworth recently mulled over the idea that Strategy should take a more aggressive approach to buying Bitcoin by acquiring companies to use their cash holdings to fund purchases and do away with over-the-counter buys.
\n\u201cShould Saylor buy Bitcoin really carelessly? As in, not try and buy it through OTC desks\u2026and actually just buy it with the intention of massively ramping the price,\u201d Byworth said.
\nMagazine: TV hit Peaky Blinders to launch crypto game, FIFA Rivals on Polkadot: Web3 Gamer
\nThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"