Key Takeaways Strategy stands out with massive BTC holdings and a profitable software arm that cushions volatility.MSTR drives bitcoin accretion via preferred securities, aided by regulatory clarity and capital access.WULF's AI and HPC expansion adds revenues, but heavy debt and capital intensity limit upside.Strategy (MSTR) and TeraWulf (WULF) are both bitcoin-focused stocks, but they offer fundamentally different ways to participate in the cryptocurrency economy.Strategy operates primarily as a Bitcoin tr ...

Key Takeaways Strategy shares fell 59.3% in six months, lagging its industry and sector, while peer Hut 8 gained.MSTR faces pressure from Bitcoin volatility, a 100.63X forward P/S and $17.44B in unrealized losses.Strategy raised nearly $20B via preferred offerings to fund Bitcoin accumulation, as earnings stay steady.Strategy (MSTR) , the world’s largest corporate Bitcoin holder, has seen its stock decline 59.3% over the past six months, significantly underperforming both the Zacks Financial – Miscellaneous ...