Michael Saylor’s company, Strategy, closed April with its best monthly performance since last November, ahead of the company’s much-anticipated earnings call on May. 1. Strategy (formerly MicroStrategy) ended the trading day on Apr. 30 with its stock priced at $380.11. According to Google Finance data, that’s a 32% jump from where it closed a month earlier, $288 on Mar. 31.
It’s Strategy’s highest monthly gain in five months, driven by a 59% surge in November as the value of its large Bitcoin holdings soared during a price rally. The rally pushed BTC to $100,000 for the first time on Dec. 5, following Donald Trump’s election win on Nov. 5.
Strategy stock price has recently jumped as the company prepares to announce its first-quarter 2025 results, set for release after U.S. markets close on May. 1. Following the announcement, Saylor will host a webinar at 9 pm UTC to discuss the results.
Strategy Q4 misses mark, Bitcoin holdings soar
According to Seeking Alpha, analysts predict Strategy to report revenue of $116.6 million, representing a 1% increase compared to last year. The firm also said Strategy has exceeded revenue expectations 25% of the time over the last two years.
The estimate shows a 3.40% drop from the previous quarter. The company earned $120.7 million in revenue during the fourth quarter of 2024, a 3% decrease compared to the same period last year, and came in about $2 million below analysts’ expectations.
In the fourth quarter of 2024, Strategy reported a net loss of $670.8 million, as the company added 218,887 more Bitcoin to its holdings. Apollo Sat founder, Thomas Fahrer, shared in an X post on Apr. 30 that “MSTR is set to announce a massive capital raise during their earnings call tomorrow. $100B is on the table.”
On Mar. 10, Strategy revealed that it had signed a new sales agreement to issue and sell shares of its 8% Series A perpetual preferred stock. The company will use the funds raised for general business needs, including potential Bitcoin acquisitions. Strategy currently holds 553,555 Bitcoin, valued at around $52.57 billion, according to Saylor Tracker data.
