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Strategy CEO Phong Le says the marketplace inactive misunderstands and undervalues its Bitcoin play, arsenic it posted $10 cardinal nett successful the 2nd 4th and plans to rise $4.2 cardinal to bargain more.
Strategy’s shares fell 1.4% successful after-hours trading contempt posting a company-record $10 cardinal successful nett successful the 2nd quarter, arsenic CEO Phong Le called the Bitcoin-holding institution the “most misunderstood and undervalued stock” successful the market.
Strategy’s operating income roseate 7,100% year-on-year (YOY) to $14 billion, the institution Michael Saylor co-founded said successful its net connection connected Thursday.
It marked the 2nd reporting play successful which the steadfast applied just worth accounting, which includes unrealized gains from Bitcoin (BTC).
Strategy besides announced plans to rise different $4.2 cardinal worthy of shares done 1 of its preferred banal offerings to bargain much Bitcoin, part of its semipermanent extremity to bargain $84 cardinal worthy of the cryptocurrency nether its upgraded “42/42” plan.
Strategy misunderstood, undervalued: Phong Le
Strategy’s estimated operating income for the 2025 fiscal twelvemonth present sits astatine $34 billion, the ninth-largest income among Standard and Poor’s 500 (S&P 500) companies, Le said successful the net call.
He said Strategy boasts the 96th-largest marketplace headdress and 1 of the lowest profit-to-earnings multiples among firms successful the S&P 500.
Comparison of Strategy’s operating income and marketplace headdress against different apical firms successful the S&P 500. Source: StrategyStrategy’s software arm, which covers its concern quality products and subscription services, brought successful $114 cardinal successful gross successful the quarter.
Strategy’s communal stock, MSTR, closed up 1.73% to $401.86 connected Thursday but has fallen 1.4% successful after-hours, Google Finance data shows.
Strategy is raising the barroom for its Bitcoin metrics
Strategy, which has accumulated 628,791 BTC worthy $73.3 cardinal to date, noted that its “BTC yield” accrued 25% successful the 2nd 4th and its “BTC $ Gain” is implicit $13 billion, already reaching Strategy’s end-of-year targets.
BTC output represents the percent alteration ratio betwixt Strategy’s Bitcoin and its assumed diluted shares outstanding, portion the “BTC $ Gain” reflects the summation successful Bitcoin’s worth measured successful US dollars.
As a result, Strategy is raising its full-year “BTC Yield” and “BTC $ Gain” targets to 30% and $20 billion, respectively, Le said.
”Any institution that is capable to treble their targets passim the people of the year, you would see that a success.”Strategy to rise $4.2 cardinal to bargain much Bitcoin
It comes arsenic Strategy raised $2.5 cardinal from STRC earlier successful July, which it utilized to purchase 21,021 Bitcoin, making it the largest US equity rise truthful acold successful 2025.
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