Strategy Beheer
Beheer criteriumcontroles 4/4
De CEO Strategy is Phong Le, benoemd in Jul2020, heeft een ambtstermijn van 3.92 jaar. De totale jaarlijkse vergoeding van { bedraagt $ 13.78M, bestaande uit 8% salaris en 92% bonussen, inclusief aandelen en opties van het bedrijf. bezit rechtstreeks 0.035% van de aandelen van het bedrijf, ter waarde $ 11.58M. De gemiddelde ambtstermijn van het managementteam en de raad van bestuur bedraagt respectievelijk 3.5 jaar en 8.1 jaar.
Belangrijke informatie
Phong Le
Algemeen directeur
US$13.8m
Totale compensatie
| Percentage CEO-salaris | 7.98% |
| Dienstverband CEO | 6yrs |
| Eigendom CEO | 0.04% |
| Management gemiddelde ambtstermijn | 3.5yrs |
| Gemiddelde ambtstermijn bestuur | 8.1yrs |
Recente managementupdates
Recent updates
Seeking Alpha • Jul 22
Bitcoin And Strategy In The Age Of AI Mega-IPOs
Summary Strategy Inc. faces a broken investment thesis as Bitcoin sales and a stalled equity issuance flywheel undermine its structural advantages. MSTR's treasury is underwater by approximately $8.7 billion, with a $75,476 BTC cost basis versus a current spot price of ~$65,200, compressing the mNAV premium to near parity. The upcoming Anthropic and OpenAI mega-IPOs threaten to absorb capital from crypto, intensifying medium-term headwinds for MSTR’s leveraged BTC exposure. I rate MSTR a Sell: the capital structure, dividend drain, and loss of regulatory arbitrage make it the wrong instrument at the wrong time. Read the full article on Seeking AlphaAnalyse-artikel • Jun 17
Strategy (MSTR) Stock Could Be 21.3% Below Fair Value After $100 Million Bitcoin Buy
Strategy (MSTR) is back in focus after buying 1,587 Bitcoin for about US$100 million, using common stock sales that also lifted cash reserves and renewed debate around dilution and long term value. See our latest analysis for Strategy. Despite the latest Bitcoin purchase, Strategy’s 30 day share price return is down 26.3% and the year to date share price return is down 21.9%. However, the 3 year total shareholder return is more than triple, suggesting long term momentum has been strong even...Analyse-artikel • Aug 18
Strategy's (NASDAQ:MSTR) Profits Appear To Have Quality Issues
NasdaqGS:MSTR 1 Year Share Price vs Fair Value Explore Strategy's Fair Values from the Community and select yours...Seeking Alpha • Apr 25
Strategy: Saylor Buys The Dip, I Buy The Break-Out
Summary Strategy is breaking out after a 40% drop from its ATH. Bitcoin's bullish trend, confirmed by technical analysis, supports the investment thesis for MSTR, which has significant Bitcoin holdings. MSTR's chart shows a strong breakout, with the potential to reach $700 if Bitcoin hits $120k. Despite high volatility and risks like geopolitical tensions and competition, MSTR presents a compelling opportunity for those bullish on Bitcoin. Read the full article on Seeking AlphaSeeking Alpha • Mar 31
Strategy (MicroStrategy): The Ultimate Bet On Bitcoin's Future
Summary MicroStrategy has transformed into a leveraged Bitcoin proxy, offering investors amplified exposure to Bitcoin's price movements through its massive Bitcoin holdings and strategic financial engineering. The company's strategy benefits from rising institutional acceptance of Bitcoin, creating a positive feedback loop that could further drive up Bitcoin's price and validate MicroStrategy's model. Despite its potential for outsized gains, MicroStrategy's heavy reliance on Bitcoin's appreciation and its leveraged position make it an incredibly risky investment. MicroStrategy's unique business model and financial execution make it a compelling play for those who believe in Bitcoin as the ultimate scarce asset. Read the full article on Seeking AlphaSeeking Alpha • Mar 20
Strategy (MicroStrategy) Shouldn't Have Paid $100,000 For Bitcoin
Summary MicroStrategy borrowed money to buy Bitcoin at $100,000 or higher. The loans had little in the way of interest; however, they have conversion features that could dilute equity. On Tuesday, MSTR announced it was issuing preferred stock with high interest rates. So the "low interest rate convertible bond" argument for owning MSTR is weakening. In this article, I explore why MicroStrategy is too leveraged and exposed to Bitcoin to be worth buying now. Read the full article on Seeking AlphaSeeking Alpha • Mar 12
Strategy: Preferred Offering Has Potential Problem
Summary Strategy has pivoted from software analytics to Bitcoin investment, significantly increasing its holdings through equity and debt raises. The company announced a plan to sell up to $21 billion of preferred stock, which raises concerns about its ability to cover dividend payments. MSTR's valuation appears high, with its market cap exceeding the value of its Bitcoin holdings and software business. Read the full article on Seeking AlphaSeeking Alpha • Mar 02
Strategy (MicroStrategy): Collapses With Bitcoin Drop, Still Grossly Overvalued
Summary Strategy (MicroStrategy) is an inefficient and risky way to gain exposure to Bitcoin; Bitcoin futures are more efficient for leveraged exposure. MSTR's past favorable bond issuances are unlikely to be replicated at the scale needed to justify its market cap premium. Avoid MSTR and buy Bitcoin directly if bullish; MSTR's structure is reminiscent of risky, leveraged financial products from the 2008 crisis. Read the full article on Seeking AlphaSeeking Alpha • Feb 13
Strategy: It Just Doesn't Make Sense
Summary Strategy's value lies primarily in its Bitcoin portfolio, not its traditional software business. Despite BTC's rise, MSTR's premium to its BTC portfolio value remains perplexing, with the company using share sales and convertible debt to buy more BTC. The concept of "BTC yield" overcomplicates a simple process of capitalizing on MSTR's premium to acquire more BTC, without clear long-term earnings potential. Without meaningful earnings, it's unclear why investors would choose MSTR over BTC directly, reinforcing my Hold rating despite BTC's appreciation. Read the full article on Seeking AlphaSeeking Alpha • Feb 06
Strategy (Formerly MicroStrategy) Q4 Earnings: Selling Volatility... And 'Merch'
Summary MicroStrategy's re-branding and merchandise store signal the company's encouragement of dangerous emotional attachment to the stock. Strategy's declining software revenue and high volatility make the common stock a decent trading vehicle but a potentially dubious investment. Despite a healthy balance sheet, MSTR's volatility and premium to Bitcoin holdings make it a risky bet compared to Bitcoin itself. Preferred shares and convertibles may be better options for exposure, but MSTR common shares are not advisable due to dilution and premium risks. Read the full article on Seeking AlphaSeeking Alpha • Jan 27
MicroStrategy Is Buying Train Cars, Block Is Building Railroads
Summary MicroStrategy's levered Bitcoin strategy has yielded positive returns but carries a high risk due to Bitcoin's volatility; I rate it a Buy for risk-loving investors. Block, Inc. benefits from Bitcoin's growth while maintaining strong standalone businesses, making it a safer investment; I rate it a Strong Buy. MicroStrategy's approach involves issuing convertible notes to buy Bitcoin, betting on its appreciation, but it lacks a diversified business model. Block has built robust Bitcoin infrastructure and products, poised to thrive even if Bitcoin falters, ensuring long-term growth and stability. Read the full article on Seeking AlphaSeeking Alpha • Jan 16
MicroStrategy's Trillion Dollar Bitcoin Bet Is Not What It Seems (Upgrade)
Summary Microstrategy (MSTR) has dipped 15% while Bitcoin only fell 5%, presenting a buying opportunity as MSTR trades at a relative discount. MSTR plans to increase authorized shares from 330 million to 10.33 billion to continue funding Bitcoin purchases, which is not immediately dilutive. Shareholders, led by Saylor, are likely to approve the share increase, ensuring MSTR's current business model continues. MSTR is expected to outperform Bitcoin, potentially appreciating by 50% and reaching $1000 based on technical analysis and premium trends. Read the full article on Seeking AlphaSeeking Alpha • Jan 08
MicroStrategy Is A Coiled Spring About To Jump Higher
Summary MicroStrategy is leveraging innovative financial tools to expand its Bitcoin holdings. It has been reducing leverage and increasing optionality through aggressive ATM offerings in Q4 2024. The company intends to increase its authorized common and preferred share counts, enabling future BTC purchases via issuances and opening the door to more stock splits. The recent offering of perpetual preferred shares with conversion features signals the expansion of the total addressable market into different portions of the capital markets. Despite potential risks from Bitcoin volatility and regulatory actions, MSTR's unique business model and strong investor interest position it for impressive growth. Convertible bonds and preferred stock in Q1 2025 should push the stock much higher with higher BTC yield. Read the full article on Seeking AlphaSeeking Alpha • Dec 29
MicroStrategy: Attempting A High-Stakes Play In Speculative Finance
Summary MicroStrategy's stock is highly risky due to its heavy reliance on Bitcoin, exposing it to extreme volatility and regulatory uncertainties. The company's business model has shifted from business software to a Bitcoin investment vehicle, leveraging convertible bonds and equity offerings. MicroStrategy's "BTC Yield" measures growth in Bitcoin holdings per share, with a YTD yield of 17% and a long-term target of 6%-10% annually. MicroStrategy stock is currently trading at $87.2 billion market cap, vs. an estimated fair value of its Bitcoin holdings of approximately $43.5 billion. Read the full article on Seeking Alpha
Nieuw narratief • Dec 18
MicroStrategy: Volatile Gamble or Golden Opportunity?
Bitcoin Price AppreciationIf Bitcoin continues its upward trajectory, MicroStrategy’s amplified exposure through its leveraged strategy could yield outsized gains, attracting even more speculative intSeeking Alpha • Dec 16
MicroStrategy's Nasdaq Inclusion Is An Endorsement Of Its Leveraged Bet
Summary MicroStrategy's inclusion in the Nasdaq-100 and its massive Bitcoin holdings, now the second largest globally, drive its stock's impressive performance. The company's leveraged strategy to accumulate Bitcoin increases Bitcoin per share, now at ~0.94 BTC per share, enhancing shareholder value despite traditional valuation metrics suggesting otherwise. Risks include Bitcoin price volatility and potential stock price drops below convertible bond conversion prices, which could pressure MicroStrategy's leveraged strategy. Despite risks, I recommend a Buy on MicroStrategy due to its unique approach to leveraging Bitcoin holdings for shareholder value. Read the full article on Seeking AlphaSeeking Alpha • Dec 10
MicroStrategy: Risky Business Model Makes It A Top Short Idea For 2025
Summary Shorting MicroStrategy is a high-conviction idea due to its risky business model of issuing debt and equity to buy Bitcoin. The most problematic issue is that MicroStrategy actually sells zero-coupon convertible bonds to buy an intangible asset with no intrinsic value. Even if Bitcoin's price remains near $100K, MicroStrategy's stock could fall by 50% due to its market cap valuation premium vs Bitcoin. Read the full article on Seeking AlphaSeeking Alpha • Nov 25
Understanding MicroStrategy
Summary MicroStrategy's stock is best viewed as a closed-end Bitcoin fund, trading at a premium or discount to its Bitcoin NAV, depending on market euphoria. The concept of "Bitcoin Yield" is flawed and misleading, as it relies on issuing equity at a premium without even matching a simple Bitcoin ETF. MicroStrategy faces significant refinancing risk, especially outside of crypto euphoria, which could lead to unfavorable debt terms or even bankruptcy. Investors should consider selling MSTR and replacing it with more reasonable Bitcoin exposure, if they must. Read the full article on Seeking AlphaAnalyse CEO-vergoeding
| Datum | Totale vergoeding | Salaris | Bedrijfswinsten |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | -US$13b |
| Dec 31 2025 | US$14m | US$1m | -US$4b |
| Sep 30 2025 | n/a | n/a | US$8b |
| Jun 30 2025 | n/a | n/a | US$5b |
| Mar 31 2025 | n/a | n/a | -US$5b |
| Dec 31 2024 | US$16m | US$1m | -US$1b |
| Sep 30 2024 | n/a | n/a | -US$407m |
| Jun 30 2024 | n/a | n/a | -US$210m |
| Mar 31 2024 | n/a | n/a | -US$85m |
| Dec 31 2023 | US$8m | US$1m | US$429m |
| Sep 30 2023 | n/a | n/a | US$90m |
| Jun 30 2023 | n/a | n/a | US$207m |
| Mar 31 2023 | n/a | n/a | -US$878m |
| Dec 31 2022 | US$20m | US$940k | -US$1b |
| Sep 30 2022 | n/a | n/a | -US$1b |
| Jun 30 2022 | n/a | n/a | -US$1b |
| Mar 31 2022 | n/a | n/a | -US$556m |
| Dec 31 2021 | US$19m | US$900k | -US$535m |
| Sep 30 2021 | n/a | n/a | -US$443m |
| Jun 30 2021 | n/a | n/a | -US$421m |
| Mar 31 2021 | n/a | n/a | -US$118m |
| Dec 31 2020 | US$2m | US$744k | -US$8m |
| Sep 30 2020 | n/a | n/a | US$2m |
| Jun 30 2020 | n/a | n/a | US$26m |
| Mar 31 2020 | n/a | n/a | US$43m |
| Dec 31 2019 | US$7m | US$667k | US$34m |
Compensatie versus markt: De totale vergoeding ($USD 13.78M ) Phong } is ongeveer het gemiddelde voor bedrijven van vergelijkbare omvang in de US markt ($USD 14.63M ).
Compensatie versus inkomsten: De vergoeding van Phong is het afgelopen jaar in lijn geweest met de bedrijfsprestaties.
CEO
Phong Le (49 yo)
6yrs
Tenure
US$13,784,204
Compensatie
Mr. Phong Q. Le serves as President of Strategy Incorporated since July 6, 2020 and served as its Chief Financial Officer since April 23, 2020 until May 09, 2022. Mr. Le serves as Chief Executive Officer a...
Leiderschapsteam
| Naam | Positie | Tenure | Compensatie | Eigendom |
|---|---|---|---|---|
| Executive Chairman | 36.7yrs | US$780.73k | 5.57% $ 1.8b | |
| President | 6yrs | US$13.78m | 0.035% $ 11.6m | |
| Executive VP | 4.2yrs | US$5.73m | 0.020% $ 6.5m | |
| Executive VP | less than a year | US$3.86m | geen gegevens | |
| Executive Vice President of Operations | 2.5yrs | geen gegevens | geen gegevens | |
| Executive VP & CTO | 1.5yrs | geen gegevens | geen gegevens | |
| Corporate Treasurer & Head of Investor Relations | no data | geen gegevens | geen gegevens | |
| Executive VP & Chief Human Resource Officer | 3.8yrs | geen gegevens | geen gegevens | |
| Executive VP & Chief Product Officer | 3.5yrs | geen gegevens | geen gegevens | |
| Senior Vice President of Financial Planning & Analysis | no data | geen gegevens | geen gegevens | |
| Executive VP & Chief Revenue Officer | 1.4yrs | geen gegevens | geen gegevens | |
| Senior Sales Engineer | no data | geen gegevens | geen gegevens |
3.5yrs
Gemiddelde duur
49yo
Gemiddelde leeftijd
Ervaren management: Het managementteam van MSTR wordt beschouwd als ervaren (gemiddelde ambtstermijn 3.5 jaar).
Bestuursleden
| Naam | Positie | Tenure | Compensatie | Eigendom |
|---|---|---|---|---|
| Executive Chairman | 36.7yrs | US$780.73k | 5.57% $ 1.8b | |
| President | 3.9yrs | US$13.78m | 0.035% $ 11.6m | |
| Independent Director | 1.6yrs | US$2.59m | 0.00030% $ 98.8k | |
| Independent Director | 23.8yrs | US$446.58k | 0.0015% $ 497.1k | |
| Independent Director | 12.3yrs | US$472.67k | 0.0023% $ 767.1k | |
| Independent Director | 1.6yrs | US$2.56m | 0.00030% $ 98.8k | |
| Independent Director | 21.7yrs | US$460.07k | 0.0079% $ 2.6m | |
| Independent Director | 1.6yrs | US$2.59m | 0.00030% $ 98.8k |
8.1yrs
Gemiddelde duur
58yo
Gemiddelde leeftijd
Ervaren bestuur: De raad van bestuur van MSTR wordt beschouwd als ervaren (gemiddelde ambtstermijn 8.1 jaar).
Bedrijfsanalyse en status van financiële gegevens
| Gegevens | Laatst bijgewerkt (UTC-tijd) |
|---|---|
| Bedrijfsanalyse | 2026/07/27 11:41 |
| Aandelenkoers aan het einde van de dag | 2026/07/27 00:00 |
| Inkomsten | 2026/03/31 |
| Jaarlijkse inkomsten | 2025/12/31 |
Gegevensbronnen
De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.
| Pakket | Gegevens | Tijdframe | Voorbeeld Amerikaanse bron * |
|---|---|---|---|
| Financiële gegevens bedrijf | 10 jaar |
| |
| Consensus schattingen analisten | +3 jaar |
|
|
| Marktprijzen | 30 jaar |
| |
| Eigendom | 10 jaar |
| |
| Beheer | 10 jaar |
| |
| Belangrijkste ontwikkelingen | 10 jaar |
|
* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.
Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.
Analysemodel en Snowflake
Details van het analysamodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina, we hebben ook handleidingen over hoe u onze rapporten kunt gebruiken en tutorials op YouTube.
Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.
Industrie en sector
Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.
Bronnen van analisten
Strategy Inc wordt gevolgd door 24 analisten. 11 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.
| Analist | Instelling |
|---|---|
| Ramsey El-Assal | Barclays |
| Yun Suk Kim | Benchmark Company |
| Mark Palmer | Benchmark Company |