MSTR - MICROSTRATEGY HAS A PLAN TO BUY EVEN MORE BITCOIN.
"MicroStrategy, now focused more on Bitcoin than software, reported a Q1 loss of $4.23B ($16.49/share), far worse than expected. Revenue fell 3.6% to $111.1M, missing forecasts. The company launched a bold new “42/42 Plan” to raise $84B over two years for Bitcoin purchases, following last year’s $42B “21/21 Plan.” Analysts say the stock remains a strong Bitcoin proxy, trading at 2.13x NAV, with solid performance despite market volatility."