Latest news with #Strife
Yahoo
10 hours ago
- Business
- Yahoo
Strategy vs. Riot Platforms: Which Bitcoin-Focused Stock Has an Edge?
Strategy MSTR and Riot Platforms RIOT are two well-known Bitcoin-focused stocks. While Strategy is the world's largest bitcoin treasury company, holding 607,770 bitcoins as of July 20, 2025, Riot Platforms offers infrastructure to mine the most popular cryptocurrency, has been soaring due to increasing acceptance as a non-sovereign asset, as well as higher institutional and corporate adoption. Bitcoin surpassed $120,000 this month, benefiting from an improving regulatory environment. The passing of the GENIUS Act on July 17 has been a key catalyst for digital assets and cryptocurrencies. The Act provides a legal background to stablecoins, which are privately issued digital money, and requires stablecoin tokens' value to be equivalent to $1, always. Other pending regulations — The CLARITY Act and The Anti-CBDC Surveillance State Act — bode well for Bitcoin enthusiasts. The liberal policies of U.S. President Donald Trump have been a key catalyst in driving adoption of Bitcoin and other cryptocurrencies. An executive order by President Trump, which directed a working group to study and propose changes to cryptocurrency regulations, bodes well for crypto enthusiasts. In March, President Trump announced the creation of a crypto reserve, including Bitcoin, Ethereum, XRP, Solana and Cardano, which augurs well for cryptocurrency-focused stocks, including Strategy and Riot Strategy or Riot Platforms, which has an edge now? The Case for MSTR Stock Strategy benefits from increasing bitcoin yield, 13.7% as of April 28, 2025, keeping the company on track to reach the full-year target of 15%, which is now raised to 25%, and the bitcoin dollar gain target to $15 billion (up from the initial target of $10 billion). The company's disciplined approach to capital raising through preferred equity offerings — Strike (8% convertible preferred is trading with an effective yield of roughly 9%) and Strife (10% fixed coupon perpetual preferred) — is a key catalyst. As of April 28, 2025, MSTR raised $6.6 billion through equity offerings and $3.4 billion through fixed income ($2 billion from convertible notes, and $0.7 billion each through Strike and Strife).Strategy plans to raise $42 billion through equity issuance and $42 billion through fixed-income securities by the end of 2027. Under the current plan, the company has $21.1 billion in equity and $35.6 billion in fixed-income securities remaining to be issued. Strategy is benefiting from growing software subscription revenues. The company benefits from continuing cloud demand with its flagship Strategy One, which powers some of the largest analytics deployments in the world. Strategy One supports varied industries, including retail, banking, technology, manufacturing, insurance, consulting, healthcare, telecommunications and the public sector. Strategy is leveraging generative AI to automate and accelerate the deployment of AI-enabled applications across enterprises. The Case for RIOT Stock Riot Platforms is a vertically-integrated Bitcoin mining company offering comprehensive and critical infrastructure to mine Bitcoin. The company has been exploring the feasibility of developing a portion of RIOT's power capacity for AI and High Performance Computing (HPC) uses. Riot Platforms' plans to spend $155.8 million between the second-quarter and fourth-quarter 2025 timeframe to develop Corsicana Phase II, Corsicana Land Acquisition & Water Access, Kentucky Infrastructure and Kentucky Miner first-quarter 2025, Riot's Bitcoin mining operations achieved greater than 88% uptime, a significant year-over-year increase. The company produced 1,530 Bitcoin in the reported quarter. As of March 31, RIOT held 19,223 Bitcoin, up 8% sequentially. Moreover, Bitcoin yield was 7% year-to-date. The company now targets a full-year hash rate growth target of 22% (7% growth in first-quarter 2025).Riot Platforms' Engineering division is benefiting from the E4A acquisition. Improving supply chains is bringing material costs down, driving margins. MSTR's Earnings Estimate Revisions Steady, RIOT's Improves The Zacks Consensus Estimate for MSTR's 2025 loss is pegged at $15.73 per share, unchanged over the past 30 days. The company reported a loss of $6.72 per share in 2024. MicroStrategy Incorporated Price and Consensus MicroStrategy Incorporated price-consensus-chart | MicroStrategy Incorporated Quote The consensus mark for Riot Platforms' 2025 loss has improved four cents to $1.44 per share over the past 30 days. The company reported earnings of 34 cents per share in 2024. Riot Platforms, Inc. Price and Consensus Riot Platforms, Inc. price-consensus-chart | Riot Platforms, Inc. Quote Stock Performance and Valuation: MSTR Vs. RIOT Year to date, Strategy shares have appreciated 47.2%, while Riot Platforms have returned 37.3%. MSTR Outperforms RIOT Image Source: Zacks Investment Research In terms of Price/Book, Strategy shares are trading at 3.63X, a premium compared with Riot Platforms' 1.7X. Valuation: RIOT is Cheaper Than MSTR Image Source: Zacks Investment Research Both Strategy and Riot Platforms are overvalued, as suggested by the Value Score of F. Conclusion Strategy benefits from its policy to hold Bitcoin on its balance sheet. However, RIOT's significant dependence on Bitcoin makes it a riskier stock due to growing volatility. Strategy's diversified business model (though software is a very small part of the business) offers some relief to investors in this a Zacks Rank #3 (Hold) company, has an edge compared with Riot Platforms, which currently has a Zacks Rank #4 (Sell).You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MicroStrategy Incorporated (MSTR) : Free Stock Analysis Report Riot Platforms, Inc. (RIOT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
MicroStrategy 'Stretch'-ed it too far with new product launch
MicroStrategy 'Stretch'-ed it too far with new product launch originally appeared on TheStreet. MicroStrategy, now renamed Strategy, made a fresh IPO of 5 million shares of its newest perpetual preferred stock: $STRC, aka 'Stretch," on July 21. The offering, led by chief executive Phong Le and executive chairman Michael Saylor, is being sold as a strategic complement to their growing suite of Bitcoin-linked investment products. But the news is already stirring debate online. Crypto commentator RunnerXBT said, "stretch investors bout to have their a**es, stretched," which reflects the more general cynicism on social media that Strategy may be overexposing itself to a bullish Bitcoin by offering more complex is Stretch different from Strategy's other products? In a live investor presentation, Strategy makes it known that Stretch is intended to set a target price of $100 per share. Phong Le outlined in detail three important modes to aid in this: A variable dividend rate, An at-the-market (ATM) issuance, and A unique call option feature. Since August 2020, when the firm adopted a Bitcoin standard, it has generated some eye-popping returns — claiming a 104% annualized return, compared to just 59% for Bitcoin itself, and 172% over the past 12 months. Strategy has generated $21 billion in digital asset value to date in the second quarter of 2025, with Saylor stating that the company's success makes its balance sheet as strong as that of Meta and Apple. According to Strategy execs, they're 'pretty excited" about the new $STRC product and point to the monthly dividend structure — a differentiator versus instruments such as Strike or Strife. "It's not a quarterly dividend, it's a monthly dividend," said Michael Saylor, adding that potential buyers, when taking on risk, favored "regular free cash flow." The dividend will be paid monthly, with a record date on the 15th of each month and a payout on the last day of the month. At $95, Stretch could be funded at a 9.5% annual rate, and at $90, Strategy's early guidance indicated a 10% rate. Still, critics are wondering whether the introduction of yet another favorite instrument — after Strike, Strife, and Stride — constitutes brilliance or brand fatigue. With investors in fierce agreement and drawing seemingly opposed conclusions, all eyes now are on whether Stretch will snap or hold. MicroStrategy 'Stretch'-ed it too far with new product launch first appeared on TheStreet on Jul 21, 2025 This story was originally reported by TheStreet on Jul 21, 2025, where it first appeared.
Los Angeles Times
7 days ago
- Entertainment
- Los Angeles Times
Ambition in Topanga paradise: Anton Chekhov and John Galsworthy at Theatricum Botanicum
'The Seagull: Malibu' and the seldom-revived 'Strife,' two ambitious offerings in Theatricum Botanicum's outdoor season, are reset in the American past. Ellen Geer, the director, calls her version of Anton Chekhov's play, 'a retelling.' She relocates 'The Seagull,' as a program note specifies and her production flamboyantly conveys, 'to the self-centered Me Generation of the '70s that followed the social upheaval of the '60s.' Malibu, a California world unto its own, hemmed in by the Pacific Ocean on one side and the Santa Monica Mountains on the other, sets up a groovy, glamorous equivalent to the backwater country setting of Chekhov's original, in which all of the characters seem to be suffering from terminal ennui. 'Strife,' John Galsworthy's 1909 social drama about the human cost of a deadlock between management and labor, is transferred from the England-Wales border to Pennsylvania of the 1890s. The play, directed by Ellen Geer and Willow Geer, isn't adapted in the freehanded way of 'The Seagull: Malibu,' and the change of locale doesn't always seem natural. The production's opening scene is slightly disorienting. The directors, called to an emergency meeting at the home of the chairman of the board of the American Steel Corp., have the haughty mien of British aristocrats. Later, at the freezing cold abode of one of the leaders of the strike, the impoverished scene takes on unmistakable Dickensian notes. There are a fair number of Irish accents in the mix, but I wouldn't have been surprised if one of the actors broke out his best cockney. 'The Seagull: Malibu' isn't always consistent in setting up the time period, but the production's larkish approach is infectious. Arkadina (Susan Angelo) plays the self-absorbed actress mother who sold out to Hollywood. Defensive about her age, she's even more prickly about the condescending attitude of her would-be avant-garde playwright son, Constantine (Christopher Glenn Gilstrap), who basically thinks she's a B-movie hack. Gilstrap's Constantine looks more like a future yacht rock frontman than a theatrical renegade. Angelo's Arkadina seems destined to have her career resurrected in the next decade by a recurring role on either 'Dallas' or 'Dynasty.' The charged Oedipal dynamics between them are vividly fleshed out. Willow Geer plays Masha, the Chekhov character who insouciantly declares that she's in mourning for her life. Her Masha is a pothead and sloppy self-dramatizing drunk, hopelessly in love with Constantine, who only has eyes for Nina (Caroline Quigley). Masha confides her discontent to Dr. Dore (Daniel Reichert), a Gestalt therapist who, like Chekhov's more traditional Dr. Dorn, has an empirical worldview that stands in stark contrast to the romantic dreaminess of everyone else at the estate. Thad (Tim Halligan), Arkadina's rechristened brother, suffers from fragile health and a sketchy backstory. Halligan, however, gives the character definition, especially when advocating for his nephew and risking the wrath of his volatile, penny-pinching sister. Trigger (Rajiv Shah) is the new version of Trigorin, the established writer who, as Arkadina's younger lover, resists becoming her property even as he enjoys the perks of their celebrity relationship. The boldly amusing and good-natured production makes the most of the fading California hippie era. The final act, unfortunately, is dreadfully acted. Quigley's Nina is a delight in the play's early going, all innocence and starry-eyed enthusiasm. But there appears to be no artistic growth when she returns to encounter a still-lovesick Constantine. Quigley's acting is as melodramatic and artificial as Nina's was said to be before her travails and losses transformed her talent. This isn't the production's only failure of subtlety, but it's surely the most consequential. Still, if you can cope with a deflating finale, there's much to enjoy in this update of 'The Seagull,' not least the glorious Topanga summer night backdrop, which translates Chekhov's setting into a rustic West Coast paradise. I can't remember ever having seen a Galsworthy play, so I was grateful for Theatrium Botanicum's vision in producing 'Strife.' Awarded the Nobel Prize in literature in 1932, Galsworthy is better known for his novels than his plays. (The 1967 BBC television adaptation of his Forsyte family chronicles brought him immense posthumous acclaim.) 'Strife' is an intelligent thesis play, not on the verbal or theatrical level of George Bernard Shaw's sparkling comedy of ideas but impressive all the same for its complexity of argument and compassionate determination to understand all sides of a problem. The play is especially resonant at this moment when workers are treated like items in a budget that can be erased without regard for human consequences. There's a rousing speech about the God of Capital, 'a white-faced, stony-hearted monster' that says, ''I'm very sorry for you, poor fellows — you have a cruel time of it, I know,' but will not give you one dollar of its dividends to help you have a better time.' These words are spoken by David Roberts (Gerald C. Rivers), a labor hard-liner and rabble-rouser, who is the ideological enemy and (mirror image of) John Anthony (Franc Ross), the chairman of American Steel who refuses to give an inch to the demands of the workers. In portraying these intractable figures in equivalent moral terms, Galsworthy reveals, if not his privileged background, then his muddled thinking on economic justice. But this large-cast drama (one of the reasons it's rarely produced today) provides a broad spectrum of human experience, adding depth and nuance to what is undeniably a vigorous debate. Enid Underwood (Emily Bridges), Mr. Anthony's married daughter, is desperate to help her ailing servant, Annie Roberts (Earnestine Phillips), whose health has been destroyed since her husband, David, has been on strike. Enid's sympathy is strong, but her class allegiance is stronger, setting up an intriguing character study that takes us into the heart of the societal dilemma Galsworthy diligently dissects. The acting is often at the level of community theater — broad, strident and overly exuberant. Galsworthy, to judge by this revival, seems to be working far outside the tradition of realism. I wish the directors had reined in some of the hoary excesses of the performers, but I felt fortunate to experience a play that might not be an indelible classic but is too incisive to be forgotten.
Business Wire
07-07-2025
- Business
- Business Wire
Strategy Announces $4.2 Billion STRD At-The-Market Program
TYSONS CORNER, Va.--(BUSINESS WIRE)--Strategy™ (Nasdaq: MSTR; STRK; STRF; STRD) today announced that it has entered into a sales agreement pursuant to which Strategy may issue and sell shares of its 10.00% Series A Perpetual Stride Preferred Stock, $0.001 par value per share (the 'STRD Stock'), having an aggregate offering price of up to $4.2 billion (the 'ATM Program'). Strategy expects to make sales of STRD Stock pursuant to the ATM Program in a disciplined manner over an extended period, taking into account the trading price and trading volumes of the STRD Stock at the time of sale. Strategy intends to use the net proceeds from the ATM Program for general corporate purposes, including the acquisition of bitcoin and for working capital, and may also use the net proceeds for the payment of dividends to holders of its 10.00% Series A Perpetual Strife Preferred Stock, $0.001 par value per share and 8.00% Series A Perpetual Strike Preferred Stock, $0.001 par value per share. The STRD Stock, subject to the terms and conditions of the sales agreement, may be sold by agents by any method that is deemed an 'at the market offering' as defined in Rule 415(a)(4) promulgated under the Securities Act of 1933, as amended or any other method permitted by law, which may include negotiated transactions or block trades. The sale of STRD Stock under the ATM Program is only offered pursuant to a prospectus supplement, filed with the Securities and Exchange Commission on July 7, 2025 under the existing automatic shelf registration statement, which became effective on January 27, 2025 (File No. 333-284510), and the base prospectus contained therein. This press release shall not constitute an offer to sell, or a solicitation of an offer to buy, STRD Stock, nor shall there be any sale of STRD Stock in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. About Strategy MicroStrategy Incorporated d/b/a Strategy (Nasdaq: MSTR/STRK/STRF/STRD) is the world's first and largest Bitcoin Treasury Company. We are a publicly traded company that has adopted Bitcoin as our primary treasury reserve asset. By using proceeds from equity and debt financings, as well as cash flows from our operations, we strategically accumulate Bitcoin and advocate for its role as digital capital. Our treasury strategy is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. In addition, we provide industry-leading AI-powered enterprise analytics software, advancing our vision of Intelligence Everywhere. We leverage our development capabilities to explore innovation in Bitcoin applications, integrating analytics expertise with our commitment to digital asset growth. We believe our combination of operational excellence, strategic Bitcoin reserve, and focus on technological innovation positions us as a leader in both the digital asset and enterprise analytics sectors, offering a unique opportunity for long-term value creation. Strategy, MicroStrategy, and Intelligence Everywhere are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners. Forward-Looking Statements Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute 'forward-looking statements' within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the at-the-market offering of the STRD Stock. The words 'anticipate,' 'believe,' 'continue,' 'could,' 'estimate,' 'expect,' 'intend,' 'may,' 'plan,' 'potential,' 'predict,' 'project,' 'should,' 'target,' 'will,' 'would,' and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the uncertainties related to the sales made pursuant to the offering program, if any, market conditions and the other factors discussed in the 'Risk Factors' section of Strategy's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 5, 2025, the factors discussed under the header 'Risk Factor Updates' in the current report on Form 8-K filed by Strategy with the Securities and Exchange Commission on July 7, 2025 and the risks described in other filings that Strategy may make with the Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof, and Strategy specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.
Yahoo
23-06-2025
- Business
- Yahoo
MicroStrategy Stock Trades 32% Below 52-Week High: Buy, Sell or Hold?
MicroStrategy MSTR, doing business as 'Strategy,' shares closed at $369.70 on Friday, 32% below the 52-week high of $543 it hit on Nov. 21, 2024. Strategy shares have appreciated 27.6% year to date (YTD), while the Zacks Computer - Software industry and Zacks Computer and Technology sector have returned 10.4% and 0.9%, is the world's largest bitcoin treasury company, holding 592,100 bitcoins as of June 15, 2025. In early June, Strategy acquired 10,100 bitcoins for $1.05 billion. MARA Holdings MARA, Riot Platform RIOT and Tesla TSLA are other well-known companies that hold bitcoins in their respective balance sheets. As of March 31, MARA Holdings and Riot Platforms had 47,531 and 19,223 bitcoins, respectively, while Tesla had 11,509 bitcoins at the end of the first quarter of shares have outperformed MARA Holdings, Riot Platform and Tesla, shares of which have dropped 14.6%, 6.4% and 20.3%, YTD. Image Source: Zacks Investment Research MSTR stock is currently trading above the 200-day moving average, indicating a bullish trend. Image Source: Zacks Investment Research Strategy benefits from the Trump administration's announcement of the establishment of a strategic bitcoin reserve. Bitcoin, the most popular cryptocurrency, has been soaring due to increasing acceptance as a non-sovereign asset, as well as higher institutional and corporate adoption. However, bitcoin's volatility is a headwind for MSTR. Bitcoin is now trading above $101K, much lower than the $111K it registered in benefits from increasing bitcoin yield, 13.7% year to date (as of April 28, 2025), keeping the company on track to reach full year target of 15%, which is now raised to 25% and bitcoin dollar gain target to $15 billion (up from initial target of $10 billion). Bitcoin gains in dollar terms were $4.1 billion in the first quarter of 2025 and $5.8 billion as of April 28, 2025. The company's disciplined approach to capital raising through preferred equity offerings — Strike (8% convertible preferred is trading with an effective yield of roughly 9%) and Strife (10% fixed coupon perpetual preferred) — is a key catalyst. As of April 28, 2025, MSTR raised $6.6 billion through equity offerings and $3.4 billion through fixed income ($2 billion from convertible notes, $0.7 billion each through Strike and Strife).Strategy has issued $20.9 billion in equities and $6.4 billion in fixed income securities as part of its 21/21 plan since Oct. 30, 2024. The company has $14.6 million remaining under fixed income securities and $0.1 million under equities as part of the existing plan. Strategy currently plans to raise $42 billion through equity issuance and $42 billion through fixed income securities by the end of 2027. Under the current plan, the company has $21.1 billion in equity and $35.6 billion in fixed income securities remaining to be issued. Strategy is benefiting from growing software subscription revenues that surged 62% year over year to $37.1 million and accounted for 33% of first-quarter 2025 total revenues. Subscription billings grew 38% year over year to $24.5 million. The company benefits from continuing cloud demand with its flagship Strategy One that powers some of the largest analytics deployments in the world. Strategy One supports varied industries, including retail, banking, technology, manufacturing, insurance, consulting, healthcare, telecommunications, and the public sector. Strategy is leveraging generative AI to automate and accelerate the deployment of AI-enabled applications across rich partner base that includes the likes of Amazon Web Services, Microsoft, STACKIT, and Google is a growth driver. For second-quarter 2025, the Zacks Consensus Estimate for MSTR's loss has been steady at 12 cents per share over the past 30 days. The company reported a loss of 76 cents in the year-ago quarter. MicroStrategy Incorporated price-consensus-chart | MicroStrategy Incorporated Quote For 2025, the Zacks Consensus Estimate for MSTR's loss has been steady at $15.73 per share over the past week. The company reported a loss of $6.72 per share in 2024. Strategy shares are overvalued, as suggested by the Value Score of F. In terms of Price/Book, Strategy is trading at 3.0X compared with MARA's 1.35X and Riot Platforms' 1.16X, suggesting a premium valuation. Image Source: Zacks Investment Research Image Source: Zacks Investment Research Strategy benefits from its growing bitcoin holdings and increasing subscription revenues. However, challenging macroeconomic conditions and uncertainty about tariffs increase volatility in bitcoin trading. Stretched valuation is a currently has a Zacks Rank #3 (Hold), which implies that investors should wait for a better entry point to accumulate the stock. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tesla, Inc. (TSLA) : Free Stock Analysis Report MicroStrategy Incorporated (MSTR) : Free Stock Analysis Report Marathon Digital Holdings, Inc. (MARA) : Free Stock Analysis Report Riot Platforms, Inc. (RIOT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
