Strategy ends April up 32% in best month since November as Q1 earnings loom
Michael Saylor’s Strategy (MSTR) closed April 30 at $380.11, marking a 32% increase from March 31. This is the highest monthly gain since November, driven by speculation of a significant capital raise. Analysts anticipate a revenue report of $116.6 million for Q1 2025, a 1% year-on-year increase, despite a projected 3.40% decline from the previous quarter. The firm reported a net loss of $670.8 million in Q4 2024 while acquiring an additional 218,887 Bitcoin, bringing total holdings to 553,555 Bitcoin valued at approximately $52.57 billion. A new sales agreement allows Strategy to issue shares to raise funds for corporate purposes, including Bitcoin acquisitions. Discussions suggest a more aggressive approach to Bitcoin purchases could be beneficial.