Strategy ends April up 32% in best month since November as Q1 earnings loom
The post Strategy ends April up 32% in best month since November as Q1 earnings loom appeared on BitcoinEthereumNews.com. Key takeaways: Strategy’s 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 earnings call on May 1 as it continues to grow its Bitcoin holdings. Analysts expect a 1% year-on-year revenue bump to $116.6 million, following the firm’s $120.7 million revenues for Q4 2024. Michael Saylor’s Strategy closed April with its highest monthly gain since November, ahead of the firm’s highly anticipated earnings call on May 1. Strategy (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. Speculation mounts on “huge capital raise” It’s 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’s Nov. 5 election win. Source: Mark Harvey The recent surge in Strategy’s 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. According 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. The 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. Strategy reported a net loss of $670.8 million in Q4 2024 as…
The post Strategy ends April up 32% in best month since November as Q1 earnings loom appeared on BitcoinEthereumNews.com.
Key takeaways: Strategy’s 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 earnings call on May 1 as it continues to grow its Bitcoin holdings. Analysts expect a 1% year-on-year revenue bump to $116.6 million, following the firm’s $120.7 million revenues for Q4 2024. Michael Saylor’s Strategy closed April with its highest monthly gain since November, ahead of the firm’s highly anticipated earnings call on May 1. Strategy (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. Speculation mounts on “huge capital raise” It’s 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’s Nov. 5 election win. Source: Mark Harvey The recent surge in Strategy’s 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. According 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. The 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. Strategy reported a net loss of $670.8 million in Q4 2024 as…
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