MicroStrategy Pref Shares MSTR 8.0 Perp

Spotify

Conference Minutes

COST

STRK

SPOT

MSTR

STRC

STRD

STRF

Below is Dolphin Research's FY25 Q4 earnings call Trans for $Spotify(SPOT.US). For our earnings take, see 'Multiple narratives breaking down? Spotify remains small but beautiful'.Core metrics recap. 1) In Q4, MAU net adds hit a quarterly record, taking total MAUs past 750mn. Q1 guidance: MAUs at 759mn and Premium subs at 293mn.2) Q1 (2026) financial guidance. Total revenue: €4.5bn...

Costco Wholesale

Mirae Asset Global Investments Co., Ltd.

CloudFlare

Strategy

Microstrategy Inc Pref Shares STRC 9.0 Perp

MicroStrategy Pref Shares MSTR 10.0 Perp

SPOT (Trans): AI unlocks content at scale, boosts personalization and user engagement

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Strategy Inc Announces Q1 2026 Earnings: Bitcoin Holdings Increase to 818,334

MicroStrategy Pref Shares MSTR 8.0 Perp released FY2025 9 Months earnings on October 30 (EST), actual revenue USD 354.25 M, actual EPS USD 4.0906

MicroStrategy Pref Shares MSTR 8.0 Perp released FY2024 9 Months Earnings on October 31 (EST), actual revenue USD 342.76 M, actual EPS USD -0.4347

STRK.US released FY2023 9 Months Earnings on October 31, 2024 (BJT) with actual revenue of 371.78 M USD and EPS of 0.3867 USD

InMed Pharmaceuticals

AMPLITECH GROUP INC. USD0.001 S/R 20/11/26 SER B

Amesite

CN Energy

AMPLITECH GROUP INC. COM USD0.001 (S/R 18/07/2026)

NextNRG

Meiwu Tech

Generation Income Properties

MetaVia

OceanPal

MSTP

MSOO

MSTW

MSTX

TD Cowen has raised the target price for Strategy (NASDAQ:MSTR) from $395.00 to $400.00, maintaining a 'buy' rating. This suggests a potential upside of 141.80% from the previous close. The stock is currently trading at $165.42, down 0.7%. Analysts have mixed ratings, with one strong buy, eleven buys, and four holds. The company reported a revenue of $124.30 million for the last quarter, missing EPS estimates but showing an 11.9% year-over-year revenue increase.

Market Beat

GraniteShares 2x Long MSTR Daily ETF

T-REX 2X Long MSTR Daily Target ETF

Leverage Shares 2x Cpd Acclrtd MSTRMnETF

Roundhill MSTR WeeklyPay ETF

YieldMax MSTR Short Opt Inc Stgy ETF

Defiance Leveraged Long + Inc MSTR ETF

Daily Target 2X Long MSTR ETF

Texas Capital

TD Cowen Forecasts Strong Price Appreciation for Strategy (NASDAQ:MSTR) Stock

ABTC

GBTC

COIN

Crypto industry experts believe the CLARITY Act is nearing a pivotal point for passage, with bipartisan support growing. Leaders like Matt Hougan predict stablecoins could reach trillions in value, emphasizing their shift from trading tools to mainstream payment systems. Major tech firms are integrating stablecoins, enhancing financial access for underbanked populations. The discussion also touched on the potential sale of Bitcoin by Strategy (NASDAQ:MSTR) to support its preferred-share ecosystem, with some arguing it could aid long-term accumulation.

- The CLARITY Act is receiving attention from crypto policy watchers, with industry leaders stating it has the potential to pass despite the removal of contentious provisions.  
- Analysts highlighted the impending growth of stablecoins, which are projected to reach "multiple trillions of dollars," and noted that major tech firms are increasingly integrating stablecoins into payment systems.  
- The discussion also touched on the potential sale of Bitcoin by Strategy (NASDAQ: MSTR) to support its preferred-share ecosystem, indicating a complex strategy for long-term accumulation.

benzinga_article

American Bitcoin

Hut 8 Mining

Galaxy Digital

Grayscale Bitcoin Trust BTC - ETF

Coinbase

Siren ETF Trust Siren Nasdaq NexGen Economy ETF

WisdomTree Bitcoin Fund

iShares Bitcoin Trust ETF

Fidelity Wise Origin Bitcoin Fund - ETF

ProShares Bitcoin Strategy ETF

CoinShares Bitcoin ETF

Amplify Transform Data Sharing ETF

VanEck Bitcoin ETF

Franklin Bitcoin ETF

ARK 21Shares Bitcoin ETF

Invesco Galaxy Bitcoin ETF

Bitwise Bitcoin ETF

Meta Platforms

Shutterstock

Galaxy Digital Holdings Ltd.

CLARITY Act Is 'Good Enough To Pass,' Blockchain Industry Experts Argue

Last week, Strategy acquired 24,869 Bitcoin at a cost of $2 billion. This significant purchase was funded by billions of dollars from its primary preferred stock.

Unusual Whales

Riot Platforms

Mara

Company used $2 billion from preferred stock to buy 24,869 Bitcoin, emphasizing strategic approach.

Until Bitcoin's price begins to move significantly higher, it will be hard to trust Strategy.

Strategy stock: Buy, sell, or hold?

Analyst Matt Dines from Build Markets highlights that investors are mispricing risks associated with perpetual preferred stocks, specifically referencing Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). He notes that corporate issuers of these stocks are not obligated to repay holders, indicating a significant 'dislocation' risk.

Cointelegraph

STRC preferred stock investors are mispricing major 'dislocation' risk: Analyst

SMST

MSTZ

07799

07399

Strategy Inc. announced a repurchase of approximately $1.5 billion in 0% Convertible Senior Notes due 2029 for an estimated $1.38 billion in cash, funded by cash reserves, equity sales, and/or bitcoin sales. This move aims to optimize the company's capital structure and reduce future equity dilution. The settlement is expected around May 19, 2026. Analysts rate MSTR stock as a Buy with a $350 price target, though concerns about volatility and fundamentals persist.

Tip Ranks

Defiance Daily Target 2X Short MSTR ETF

T-REX 2X Inverse MSTR Daily Target ETF

XL2CSOPMSTR

XI2CSOPMSTR

Strategy Repurchases $1.5 Billion of 2029 Convertible Notes

Apyx has expanded its investment in Strategy's preferred stock, raising its position to approximately $280 million. According to NS3.AI, the on-chain credit protocol announced the acquisition of an additional 1 million shares through a post on X.

CoinLive

Apyx Medical

Apyx Increases Strategy Preferred Stock Holdings to $280 Million

Strive, a Bitcoin treasury company, reported a Q1 GAAP net loss of $265.9 million, primarily due to Bitcoin's fair value decline. Total revenue was $2.76 million, with Bitcoin holdings at 15,009 BTC and cash equivalents of $87.6 million. The company will start daily dividend payments on its SATA preferred stock at a 13% annual rate from June 16.

Strive Inc Pref Shares SATA 12.0 Perp 12/10/25

GraniteShares 2x Long MARA Daily ETF

Bitwise MARA Option Income Strategy ETF

Strive

Strive Reports First Quarter Financial Results with Bitcoin Holdings Update

Don’t Let MicroStrategy’s Q1 Loss Scare You Off. A New Preferred Stock Strategy Could Benefit Long-Term MSTR Holders.

Barchart Option

Don’t Let MicroStrategy’s Q1 Loss Scare You Off. A New Preferred Stock Strategy Could Benefit Long-Term MSTR Holders.

The STRC stock of Strategy has been a key driver of mid-month Bitcoin surges since March. However, in May, there has been a slowdown in demand as Exchange-Traded Funds (ETFs) experienced outflows amounting to $630 million.

Bakkt

Terawulf

Bitfarms Canada

Bit Digital

GraniteShares 2x Long COIN Daily ETF

GraniteShares 2x Short COIN Daily ETF

Leverage Shares 2X Long COIN Daily ETF

Direxion Daily Crypto Industry Bear1XETF

Valkyrie Bitcoin Miners ETF

Direxion Daily Crypto Industry Bull2XETF

Bitcoin's drop below $80K may be brief due to upcoming STRC cycle. May ETF outflows hit $630M amidst plateauing demand.

Recently analyzed the historical data of MSTR. If we purely look at the mNAV corresponding to Market Cap, during non-crypto bull market periods, MSTR's premium has maintained an mNAV between 0.8 and 1.2 for an extended time (Figure 1). Here, the mNAV corresponding to Market Cap refers purely to the market capitalization of DAT, excluding the valuation of financing instruments like convertible bonds and STRC. Currently, the 1.2 mNAV on MSTR's official website dashboard includes the mNAV corresponding to the EV of all the above. In other words, if we only look at DAT's core business, the non-bull market average of market-cap mNAV is 0.8-1.2. A higher premium requires additional value-added EV to drive it. For MSTR, that means financing toolkits like STRC.Similarly, for BMNR, due to its single financing instrument and its derivative businesses (staking, moonshot) not yet generating substantial scaled revenue, Market Cap is approximately equal to EV. The mNAV corresponding to Market Cap fell below 1 in December '25 and has fluctuated between 0.9 and 1 for a period of 5 months (Figure 2), which is also a kind of normal average. I believe this is not an undervaluation, but rather the market's valuation level for DAT during a non-crypto bull market cycle. For BMNR to achieve a higher premium, assets like MAVAN, staking infrastructure, and moonshot investments must transition from narratives into trackable EV, which would then drive the premium above 1.2.Of course, the above analysis is based on non-crypto bull market sentiment. If BTC/ETH both break new highs, FOMO sentiment could drive DAT's premium even higher (e.g., MSTR's peak could reach 3+), but this is unpredictable in the short term and thus not within the analytical framework.$Strategy(MSTR.US)$BitMine Immersion Tech(BMNR.US)

Grayscale Ethereum Mini Staking ETF

BitMine Immersion Tech

BITMINE IMMERSION TECNOLOGIES INC

$Strategy(MSTR.US) | Strategy - to Repurchase $1.50 Bln of 2029 Notes for Estimated $1.38 Bln Cash - SEC Filing

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Trade Showcase

$Strategy(MSTR.US) Strategy reported an operating loss of $14.5 billion for Q1 2026, significantly impacting its financials despite a revenue of $124 million. The company&#39;s substantial Bitcoin holdings, totalling 818,869 coins, create volatility in its earnings largely due to the unrealized losses on digital assets. However, the market doesn&#39;t really care when following trends and hype. With recent bullish Bitcoin momentum, traders have swung into Startegy once more, bringing the stock back close to 200. Yet, it remains a question whether this is sustainable for the long run as Bitcoin thrives only when there&#39;s demand for it. @Bridge Buzz SG

Welcome to the Earnings Season Portfolio Check‑up Challenge!Once a week, you’ll sit down, review your holdings, analyse what earnings mean for you, and plan your next move.No daily pressure. Just 6 posts in 6 weeks. And yes – there are cash coupon prizes💰✨📅 Event period: Apr 21 – June 1, 2026✅ How to join: Post with【Week 1 – Your Headline】+ #My Portfolio Health Check, 30+ words on your earnings‑season thoughts + holdings screenshot🎁 Rewards: 6 weeks → SGD 20 | 5 weeks → SGD 10 | 4 weeks → SGD 5
⭐️ Every week's “Best Health Check‑up” get an extra SGD 5 cash voucher!🚀 Start your portfolio check up now!🔎 More details: https://longbridge.com/topics/100000000601111?channel=WHAB0001

Welcome to the Earnings Season Portfolio Check‑up Challenge!Once a week, you’ll sit down, review your holdings, analyse what earnings mean for you, and plan your next move.No daily pressure. Just 6 posts in 6 weeks. And yes – there are cash coupon prizes💰✨📅 Event period: Apr 21 – June 1, 2026✅ How to join: Post with【Week 1 – Your Headline】+ #My Portfolio Health Check, 30+ words on your earnings‑season thoughts + holdings screenshot🎁 Rewards: 6 weeks → SGD 20 | 5 weeks → SGD 10 | 4 weeks → SGD 5 ⭐️ Every week's “Best Health Check‑up” get an extra SGD 5 cash voucher!🚀 Start your portfolio check up now!🔎 More details: <a href="https://longbridge.com/topics/100000000601111?channel=WHAB0001">https://longbridge.com/topics/100000000601111?channel=WHAB0001</a>

My Portfolio Health Check

My Portfolio Health check week 3MicroStrategy has continued to outperform due to its aggressive Bitcoin accumulation strategy, giving investors strong exposure to crypto momentum and long-term digital asset conviction. Meanwhile, NIO remains in the red for now, as the company is still facing pressure from weak margins, heavy competition in China’s EV market, and ongoing concerns around profitability, although I am still awaiting future financial results and delivery growth before changing my long-term outlook.I am looking at forward looking ETFs for this week!!

NIO-SW

NIO Inc. USD OV

NIO Inc

The first principle of BMNR is:Are you bullish on ETH's long-term role as the settlement and collateral layer for stablecoin / RWA / tokenization / DeFi / agent commerce?If the answer is no, BMNR should not be bought.BMNR is not &#34;because Tom Lee bought it,&#34; nor is it &#34;because it might be like MSTR.&#34; It is: if the ETH thesis holds, BMNR can represent the ETH thesis better than an ETH ETF.If you are not bullish on ETH but buy BMNR, you are just buying a high-volatility story stock, and the investment premise itself is wrong.

FA CSOP ETH

$Strategy(MSTR.US) Strategy&#39;s latest earnings may have fell short of expectations but the stock is certainly not trading down sue to Botclin stabilising back up around the 80k mark. While Strategy continues to purchase and hold Bitcoin, the share price will follow suit of the cryptocurrency, but the major risk is that Bitcoin does not yield any returns. It is only effective when there is demand in the crypto market for it, and for a company to put everything into one asset, this could be dangerous if and when Bitcoin plunges back down once more. @Bridge Buzz SG

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BTC is gradually stabilizing around 80000, with data showing real buying support. However, ETH has been unable to break through 2.4k and has been hovering around 2.3k for so long. Why is this? My view:1. The current market is in a phase of &#34;bottom repair + policy expectations,&#34; where funds prefer BTC during this stage.2. ETH's positive catalysts rely more on &#34;second-order confirmation.&#34; CLARITY benefits ETH more than BTC, but there is no formal markup schedule yet. The market will first treat CLARITY as a &#34;crypto overall positive&#34; and prioritize BTC.During the bear-to-bull market transition, BTC usually rises first, while ETH often lags. ETH's catch-up rally requires two conditions:- BTC must not fall back and must maintain a high-level sideways consolidation.- The market shifts from &#34;buying the safest crypto beta&#34; to &#34;buying higher beta / assets with higher utility.&#34;The market is not yet trading &#34;actual utility post-approval,&#34; but only trading &#34;increased probability of approval.&#34;BTC gets reduced regulatory risk from CLARITY.ETH gets clearer application boundaries for stablecoins, DeFi, RWA, tokenization, and staking from CLARITY.The latter has greater value but is also more complex, hence slower pricing.$IShares Ethereum Trust ETF(ETHA.US)$BitMine Immersion Tech(BMNR.US)$Strategy(MSTR.US)

IShares Ethereum Trust ETF

MicroStrategy Pref Shares MSTR 8.0 Perp(STRK.US)

TD Cowen Forecasts Strong Price Appreciation for Strategy (NASDAQ:MSTR) Stock

CLARITY Act Is 'Good Enough To Pass,' Blockchain Industry Experts Argue

Company used $2 billion from preferred stock to buy 24,869 Bitcoin, emphasizing strategic approach.

Strategy stock: Buy, sell, or hold?

STRC preferred stock investors are mispricing major 'dislocation' risk: Analyst