Group 1 - Strategy Inc. (NASDAQ:MSTR) has significant growth potential and recently sold 1,569 million shares of common stock, generating $257 million in net proceeds [1] - The company utilized the proceeds to purchase 2,932 Bitcoin at an average price of $90,061, totaling $264.1 million, increasing its Bitcoin treasury to 712,647 Bitcoin valued at approximately $54.19 billion [2] - Mizuho has reiterated an Outperform rating on MSTR but adjusted the price target from $484 to $403 due to various political and macroeconomic factors affecting the sector [3] Group 2 - Strategy Inc. operates primarily as a Bitcoin treasury company and an enterprise analytics software provider, focusing on acquiring and holding Bitcoin while developing AI-powered business intelligence tools [4]
Strategy Inc. (MSTR) Bolsters Bitcoin Holdings after Shares Sale