TLDR
Strategy’s stock rose 32% in April, its best month since November
Q1 earnings call scheduled for May 1 with speculation about a major capital raise
Analysts expect $116.6M in revenue, a 1% year-over-year increase
Strategy currently holds 553,555 Bitcoin worth approximately $52.57 billion
Stock is up 37% in 2025 with analyst price targets averaging $446.20
Strategy (MSTR), formerly known as MicroStrategy, closed April with its best monthly performance since November as investors await the company’s first-quarter earnings announcement. The Bitcoin-focused company’s stock surged 32% in April, closing at $380.11 on April 30, up from $288 at the end of March.
This impressive monthly gain comes as Strategy prepares to release its Q1 2025 financial results on 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.
Bitcoin Acquisition Strategy
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.
$MSTR began the month at $288 and ended at $380, for a +32% return in April, its biggest monthly gain since November 2024. pic.twitter.com/LQ9kYDaA6C
— Mark Harvey (@thepowerfulHRV) April 30, 2025
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. Apollo Sat’s founder Thomas Fahrer suggested in an April 30 social media post that “MSTR will announce a huge capital raise in their earnings call tomorrow. $100B is in play.”
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.
Market Performance and Outlook
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.
Wall Street appears cautiously optimistic about Strategy’s future prospects. 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, according to data from Seeking Alpha.
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 post Strategy Stock Rises 32% in April Before Q1 2025 Earnings Report appeared first on Blockonomi.
