$STRC

MicroStrategy (MSTR) fell 56% over 12 months, outpacing bitcoin's 27.78% decline. Analyst Mark Palmer set a $435 price target, implying 200% upside. MSTR trades at $142.80, with a consensus target of $225.93. Q2 earnings showed a net loss of $8.22B due to unrealized digital asset losses. MSTR holds 846,000 BTC and has a beta of 3.6. Peers COIN and MARA also declined but less sharply.

Phong Le, CEO of Nasdaq-listed Strategy (MSTR), defended selling 7,000 BTC at $60,000-$65,000, citing cost-of-capital decisions. The company later repurchased 4,603 BTC at ~$80,318. Le's approach contrasts with former CEO Michael Saylor's never-sell strategy, focusing on financial management and risk mitigation.

Strategy (MSTR) reduced its convertible debt by 18% using Bitcoin (BTC) gains, now holding 843,738 BTC. Bitmine (BMNR) reported $12.3B in crypto, cash, and strategic holdings, including 5.39M ETH. Both stocks rose over 4% in early trading.

Strategy Inc. (MSTR) raised $20.9B in equity this year, placing it among top US issuers like SpaceX, Alphabet, and Intel. The company used proceeds for bitcoin purchases, stock repurchases, and dividends. MSTR's strategy involves issuing securities in favorable market conditions, with bitcoin as its primary treasury asset. The company held 845,050 BTC as of Aug. 30.

MicroStrategy (MSTR) resumed Bitcoin purchases after a 10-week pause, coinciding with a 45.17% 30-day share price increase. The company's P/B ratio of 1.8x is below industry and peer averages, suggesting undervaluation. MSTR is loss-making, with a 1-year return down 57.48%. New AI partnerships with Google Cloud and Carahsoft were also announced.

Bitcoin traded near $80,000, up 0.43%, as investors considered corporate demand and U.S. crypto policy. Strategy (MSTR) expanded its Bitcoin holdings to 845,050 BTC. The U.S. Senate nears a vote on the CLARITY Act, which would regulate digital assets. Bitcoin is down 9% year-to-date, with institutional demand and regulation as key factors.

U.S. stock futures were mixed early Thursday due to geopolitical tensions and upcoming labor data. Broadcom (AVGO) fell 12% despite a raised price target, CrowdStrike (CRWD) dropped 10% despite strong earnings, and Taiwan Semiconductor (TSM) maintained its growth forecast. Nvidia (NVDA) underperformed its sector, and MicroStrategy (MSTR) faced pressure after a Bitcoin sale. SpaceX plans a $75B IPO, and several companies reported earnings.

MicroStrategy (MSTR) sold 3,328 BTC for $213M in August, raising investor concerns. The company later bought 4,603 BTC for $369.7M, holding 845,050 BTC as of Aug. 30. BlackRock's iShares Bitcoin Trust saw $1.5B inflows, and Bitcoin's price rose 21% in August. The article argues that MicroStrategy's actions have limited impact on Bitcoin's long-term value.

Coinbase (COIN), Circle (CRCL), MicroStrategy (MSTR), Bitmine (BMNR), Robinhood (HOOD), and Galaxy Digital (GLXY) stocks surged 3-15% on Sep. 3 following a crypto market rebound. Bitcoin (BTC) rose 5% to $80,982.09, Ethereum (ETH) 4.5% to $2,497.93, and XRP 9% to $1.45. Morgan Stanley raised price targets for Robinhood and Galaxy Digital.

Michael Saylor, Strategy's Executive Chairman, defended Americans' right to advocate for Bitcoin without a license, distinguishing it from fraud and market manipulation. He described Bitcoin as a commodity, aligning with the Commodity Futures Trading Commission's stance. Meanwhile, Strategy resumed Bitcoin purchases, acquiring 4,603 BTC for $369.7 million, raising its total holdings to 845,050 BTC. The Senate is set to vote on the CLARITY Act, which aims to clarify regulatory oversight of digita