3 weeks ago
Disclaimer: The expert who wrote this nonfiction has shares successful Strategy (MSTR).
Strategy (MSTR) present holds astir $65 cardinal successful bitcoin (BTC), which makes it the 11th largest firm treasury holder of bitcoin successful the U.S.
In its investor presentation for the caller STRD at-the-market equity program, Strategy compares itself to companies that clasp currency connected their equilibrium sheets. Berkshire Hathaway ranks No. 1, holding $410 cardinal successful currency and currency equivalents. Chipmaker NVIDIA (NVDA), the world's largest company by marketplace cap, holds $66 cardinal successful currency and currency equivalents.
In the presentation, MSTR said it is connected way to execute some its bitcoin percent output and bitcoin dollar summation targets for 2025.
The people for bitcoin output is 25%, and truthful acold it has reached 19.7%. The dollar summation people is $15 billion, and that presently stands astatine $9.6 billion. Strategy besides achieved an unrealized summation connected integer assets of $14 cardinal successful the 2nd quarter.
MSTR’s perpetual preferred banal has outperformed the iShares Preferred and Income Securities ETF (PFF), which the Tysons Corner, Virginia institution identified arsenic its benchmark. STRK is up 51% since its Jan. 31 debut, portion the PFF has mislaid 3%. STRF, which started trading March 21, has gained 38% versus a 1% driblet successful PFF. STRD is 12% higher, outpacing PFF's 2% advance.
As portion of Strategy’s existent $42 cardinal fundraising plan, it has issued $23.9 billion. It besides has $34.1 cardinal of fixed income capableness near wrong the plan.
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