Strategy (NASDAQ:MSTR) Research Coverage Started at B. Riley Financial

B. Riley Financial began coverage on shares of Strategy (NASDAQ:MSTR) in a research note released on Tuesday, Marketbeat.com reports. The firm issued a buy rating on the software maker’s stock.

MSTR has been the topic of a number of other reports. Benchmark reaffirmed a “buy” rating on shares of Strategy in a research note on Monday, December 1st. Zacks Research upgraded shares of Strategy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 10th. Truist Financial set a $268.00 price target on Strategy in a research note on Friday, January 9th. TD Cowen reaffirmed a “buy” rating on shares of Strategy in a research note on Thursday, January 15th. Finally, HC Wainwright reiterated a “buy” rating on shares of Strategy in a report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $368.21.

Strategy Stock Performance

Shares of NASDAQ:MSTR opened at $137.34 on Tuesday. The company has a current ratio of 5.62, a quick ratio of 5.62 and a debt-to-equity ratio of 0.18. Strategy has a 1-year low of $104.17 and a 1-year high of $457.22. The stock has a market capitalization of $45.84 billion, a P/E ratio of -7.46 and a beta of 3.55. The business has a 50-day moving average price of $145.14 and a two-hundred day moving average price of $218.29.

Strategy (NASDAQ:MSTR) last issued its earnings results on Thursday, February 5th. The software maker reported ($42.93) earnings per share (EPS) for the quarter, missing the consensus estimate of $46.02 by ($88.95). Strategy had a negative net margin of 806.34% and a negative return on equity of 8.74%. The business had revenue of $122.99 million during the quarter, compared to the consensus estimate of $117.42 million. During the same period last year, the business posted ($3.03) EPS. The firm’s revenue for the quarter was up 1.9% compared to the same quarter last year.

Insider Activity at Strategy

In related news, Director Carl J. Rickertsen acquired 5,000 shares of the stock in a transaction dated Monday, January 12th. The stock was bought at an average price of $155.88 per share, with a total value of $779,400.00. Following the completion of the transaction, the director directly owned 5,000 shares of the company’s stock, valued at approximately $779,400. The trade was a ? increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jane A. Dietze acquired 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 20th. The shares were bought at an average price of $99.48 per share, for a total transaction of $99,480.00. Following the completion of the acquisition, the director owned 3,600 shares of the company’s stock, valued at $358,128. This trade represents a 38.46% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought 6,012 shares of company stock valued at $880,080 in the last quarter. Corporate insiders own 8.46% of the company’s stock.

Hedge Funds Weigh In On Strategy

Large investors have recently added to or reduced their stakes in the company. Binnacle Investments Inc lifted its holdings in shares of Strategy by 492.9% in the second quarter. Binnacle Investments Inc now owns 83 shares of the software maker’s stock valued at $34,000 after purchasing an additional 69 shares in the last quarter. AllSquare Wealth Management LLC grew its holdings in shares of Strategy by 100.0% during the second quarter. AllSquare Wealth Management LLC now owns 100 shares of the software maker’s stock worth $40,000 after buying an additional 50 shares in the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in Strategy in the 3rd quarter valued at approximately $32,000. Quent Capital LLC bought a new stake in Strategy in the 3rd quarter valued at approximately $33,000. Finally, Salomon & Ludwin LLC bought a new stake in Strategy in the 3rd quarter valued at approximately $39,000. Institutional investors own 59.84% of the company’s stock.

Trending Headlines about Strategy

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: B. Riley / other analysts see upside — recent analyst notes and coverage highlight potential 20–25% upside based on Strategy’s bitcoin treasury and optionality, supplying a bullish narrative that can attract buyers. Why This Analyst Is Betting That MicroStrategy Stock Can Gain 25% from Here
• Positive Sentiment: Large BTC purchases: Strategy announced a major bitcoin buy (17,994 BTC for ~$1.28B), reinforcing the company’s crypto-treasury strategy — this can boost asset value if BTC rises and supports the bull case tied to bitcoin appreciation. Strategy acquires 17,994 bitcoin for $1.28B
• Positive Sentiment: Institutional uptake of STRC preferreds: Corporates and asset managers (e.g., Strive) are buying Strategy’s bitcoin-backed preferred (STRC), signaling demand for yield-linked crypto instruments and providing an alternate financing/treasury channel for Strategy. That institutional interest can support valuation for Strategy’s hybrid securities and sentiment around management’s capital strategy. Strive allocates $50M of treasury to Strategy’s STRC preferred stock
• Neutral Sentiment: B. Riley Financial initiated coverage — new coverage increases visibility and may affect flows, but impact depends on the firm’s rating and market reaction. B. Riley Financial Initiates Coverage on Strategy (NASDAQ:MSTR)
• Neutral Sentiment: Investor guides and comparisons (e.g., Bitcoin vs. Strategy) are proliferating — useful for new entrants but not an immediate catalyst; they highlight that Strategy is effectively a bitcoin proxy with company-specific execution risk. Bitcoin vs. Strategy: What Is the Better Investment for 2026 and Beyond?
• Negative Sentiment: Short interest is rising sharply — several pieces point to accelerating bearish positions that increase selling pressure and the risk of further downside if BTC or Strategy’s fundamentals weaken. Elevated short interest can amplify volatility. Strategy (MSTR) Short Interest Is Surging: What Bears Know That Bulls Don’t
• Negative Sentiment: Crypto-DAT cautionary tales: broader coverage notes that other firms that concentrated corporate treasuries in crypto saw collapses, underlining the structural risk that could weigh on Strategy if crypto markets reverse or if investors re-rate crypto-treasure proxies. Strategy Lookalikes Loaded Up on Crypto—and Their Stocks Collapsed. What’s Next.

About Strategy

Strategy, formerly known as MicroStrategy, Incorporated (NASDAQ: MSTR) is a global provider of enterprise analytics and mobility software. The company’s flagship platform offers business intelligence, data discovery, and advanced visualizations that enable organizations to analyze large volumes of data and deliver actionable insights. In addition to traditional on-premises deployments, Strategy provides a range of cloud-based services and managed offerings that allow customers to leverage the power of its analytics tools without managing complex infrastructure.

Founded in 1989 by Michael J.