-
MicroStrategy Is Down 56.9% YTD, Yet Still Buying Bitcoin by the Billions
A popular Reddit investment, Strategy (NASDAQ:MSTR), has lost 56.9% of its value, recently trading near $138, yet continues to buy bitcoin at a pace that has made it the largest U.S. equity issuer for two consecutive years. Reddit's composite sentiment score sits at 28 out of 100, firmly bearish, with debate concentrated in derivatives communities. The central question: can the company's "BTC Yield" metric, which measures bitcoin per-diluted-share growth, outpace the dilution required to generate it?
Strategy's FY2025 BTC Yield came in at 22.8%, meaning each share represents more bitcoin than a year ago, however, the company's own target was 30%. More...