Key Takeaways
- Strategy's stock rose 32% in April, its best performance since November.
- The firm will report Q1 2025 earnings on May 1, with speculation of a major capital raise.
- Strategy holds 553,555 BTC, valued at over $52 billion.
Strategy, formerly MicroStrategy, closed out April with a 32% increase in its share price, its strongest monthly performance since November.
The company’s stock ended the month at $380.11, up from $288 on March 31, according to Google Finance.
Anticipation for Q1 2025 earnings call
The surge comes ahead of the company’s Q1 2025 earnings call scheduled for May 1, where significant attention is focused on a potential new capital raise.
Thomas Fahrer, founder of Apollo Sat, claimed in an April 30 post:
MSTR will announce a huge capital raise in their earnings call tomorrow. $100B is in play.
Saylor: We're going to raise 42 Billion, then double it and double it and double it...
— Thomas Fahrer (@thomas_fahrer) May 1, 2025
Yes, MSTR will announce a huge capital raise in their earnings call tomorrow. $100B is in play pic.twitter.com/qfi5jdjIrv
Revenue expectations & previous performance
Analysts surveyed by Seeking Alpha expect the firm to report $116.6 million in revenue, a 1% year-over-year increase but a 3.4% drop from the $120.7 million reported in Q4 2024.
Strategy missed expectations last quarter and reported a $670.8 million net loss, largely due to aggressive Bitcoin accumulation.
Bitcoin holdings & recent acquisitions
The company now holds 553,555 BTC, worth approximately $52.57 billion.
In Q1 alone, Strategy added 15,355 Bitcoin at a cost of $1.42 billion as BTC rose past $90,000.
Strategic financial moves
In March, Strategy entered a sales agreement to issue Series A perpetual preferred stock to fund corporate needs, including further Bitcoin buys.
Some, like Syz Capital’s Richard Byworth, have proposed even more aggressive tactics, such as using corporate acquisitions to accumulate more Bitcoin.
