Strategy's Stock Surges 32% in April Ahead of Earnings Report
2min read Strategy, formerly known as microstrategy, concluded April with a remarkable 32% surge in its stock price, marking its most significant monthly gain since November. The company's stock closed at $380.11 on April 30, up from $288 at the end of March. This impressive performance comes as investors eagerly await the company's first-quarter earnings announcement, scheduled for May 1 after US markets close. CEO Michael Saylor will host a webinar to discuss the results at 9 PM UTC.
Market analysts are forecasting Q1 revenue of $116.6 million, representing a modest 1% increase year-over-year. This would mark a 3.40% decline from the previous quarter when Strategy reported $120.7 million in revenue. The company’s Q4 2024 performance included a net loss of $670.8 million as it continued its aggressive Bitcoin acquisition strategy. During that quarter, Strategy added 218,887 Bitcoin to its holdings.
Strategy’s business model has become increasingly focused on acquiring and holding Bitcoin. According to Saylor Tracker data, the company currently holds 553,555 Bitcoin, valued at approximately $52.57 billion at current prices. On March 10, Strategy announced a new sales agreement allowing the firm to issue and sell shares of its 8% Series A perpetual strike preferred stock. The company stated this move would help raise funds for general corporate purposes, including potential Bitcoin acquisitions.
Speculation is building in the crypto community about Strategy’s next moves. Some industry observers have proposed alternative approaches to Strategy’s Bitcoin acquisition strategy. Syz Capital partner Richard Byworth recently questioned whether Strategy should take a more aggressive approach by acquiring companies to use their cash holdings to fund Bitcoin purchases rather than making over-the-counter buys.
Strategy’s stock has been a strong performer in 2025, up 37% year-to-date. The recent April surge follows a 59% rise in November 2024, which coincided with Bitcoin reaching $100,000 for the first time on December 5. Based on one-year price targets from 13 analysts, the average target for Strategy stock is $446.20, with estimates ranging from a low of $200.00 to a high of $600.00. This average target suggests a potential upside of nearly 17% from the current price.
Investors will be watching Strategy’s earnings report closely for updates on its Bitcoin holdings. From 2020 to 2024, the company’s Bitcoin holdings grew at a 59% compound annual growth rate. Under new FASB accounting rules, Strategy previously reported a $5.91 billion unrealized loss on its Bitcoin holdings. This will likely be a key point of discussion during the upcoming earnings release. Strategy’s historical performance with earnings reports shows the company has beaten revenue estimates 25% of the time over the past two years. For Q1 2025, analysts expect Strategy to narrow its loss per share to $0.11, improved from a loss of $0.31 in the same quarter last year.
The earnings call on May 1 will provide crucial insights into Strategy’s financial health and future plans as the company continues its unique approach of using its corporate treasury to accumulate Bitcoin. The call will also address the company's aggressive Bitcoin acquisition strategy and its potential impact on future earnings. Investors are particularly interested in any updates on the company's Bitcoin holdings and its plans for future acquisitions. The call will also provide an opportunity for the company to address any concerns about its financial health and its ability to continue its aggressive Bitcoin acquisition strategy.
