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-0.000190348234163232 4.20352350443091E-05 -0.000297419115880107 -0.00142523240329724 0.000755841113156431 -0.0203268120557055 -0.0169306823111766 -0.0187548528885742
Stock impact report

Strategy: Down 77% And Still Isn't Cheap Enough [Seeking Alpha]

Strategy Inc - Class A (MSTR) 
Last strategy inc - class a earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.microstrategy.com
Company Research Source: Seeking Alpha
MSTR's market cap now sits below its Bitcoin holdings, but the company faces ongoing cash bleed from $1.1B in annual preferred dividends and debt payments. Further downside risk exists if Bitcoin weakens or Middle East tensions persist, as MSTR cannot raise accretive capital and sentiment remains fragile. The technical setup for BTC and MSTR is improved, but absent a clear catalyst or panic-driven discount, patience and a wait-and-see approach are warranted. John M. Chase/iStock Unreleased via Getty Images The last time I wrote about Strategy Inc ( MSTR ) stock was in November 2024, the day when MSTR stock topped. My article was titled "MicroStrategy Stock: Signs Of Topping Have Appeared." MSTR trades at a 1.14x premium to mNAV on an enterprise value basis, significantly reduced from previous speculative levels but not yet at parity. With $1.1B in annual payments and negative free cash flow, MSTR will deplete its $2.25B cash reserves if BTC stays flat or falls, risking fu Show less Read more
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