2026 Q3 - tulosraportti
Äänite tulossa
Tänään
Tarjoustasot
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä |
|---|---|---|
| - | - |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Rahastoja ja ETF:iä jotka omistavat osaketta
Mikään rahasto ei ilmoita osaketta kymmenen suurimman omistuksensa joukossa.
Asiakkaat katsoivat myös
Yhtiötapahtumat
Datan lähde: Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q4 - tulosraportti 5.2.2027 |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q3 - tulosraportti 29.10. | ||
2026 Q2 - tulosraportti 30.7. | ||
Vuosittainen yhtiökokous 2026 8.6. | ||
2026 Q1 - tulosraportti 5.5. | ||
2025 Q4 - tulosraportti 5.2. |
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Foorumi
Liity keskusteluun Nordnet Socialissa
4 t sitten · MuokattuThe Market Is Mispricing the Significance of Bitcoin Accretion The most important development in Strategy’s financial position over the past two years is not simply the growth in its Bitcoin holdings. It is the increase in net Bitcoin exposure per share, achieved during a period of substantial multiple compression and deteriorating market sentiment. A common misconception is that a larger Bitcoin treasury should automatically translate into a higher share price at any given Bitcoin price. That interpretation overlooks the critical role of mNAV. Consider the numbers. November 21, 2024 — MSTR’s all-time high: * MSTR: $543 intraday * Bitcoin: ~$98,000 * Net mNAV: 4.3x * Bitcoin holdings: ~331,000 BTC October 28, 2026: * MSTR: ~$145 * Bitcoin: ~$81,000 * Net mNAV: 1.15x * Bitcoin holdings: ~848,000 BTC Despite the substantial decline in MSTR’s market valuation, Strategy increased its Bitcoin treasury by approximately 156%. More importantly, at a constant Bitcoin price of $98,000, net Bitcoin value per share increased from approximately $127 to $160 — an improvement of 26%. This fundamentally changes the mathematics of MSTR’s future upside. In November 2024, a 4.3x mNAV was required to support a $543 share price. Today, assuming Bitcoin returns to $98,000, MSTR would require only approximately 3.4x mNAV to revisit that same valuation. At the previous 4.3x premium, the implied share price would approach $686. Even at Bitcoin’s current ~$81,000 valuation, a restoration of the November 2024 premium would theoretically place MSTR near its former all-time high. The implication is significant: Strategy has increased the fundamental Bitcoin exposure supporting each share, even as the market has assigned that exposure a dramatically lower valuation multiple. The decline in MSTR is therefore not evidence that Bitcoin accretion has failed. It primarily reflects two simultaneous forces: lower Bitcoin prices and a substantial contraction in the market premium. The next question is what drives that premium higher. Historically, MSTR’s most aggressive valuation expansions have coincided with accelerating Bitcoin momentum, new all-time highs, increasing institutional participation, and heightened investor demand for leveraged Bitcoin exposure. The premium is not fixed, nor is its expansion guaranteed. It reflects the market’s expectations for future Bitcoin accumulation, capital efficiency, financing opportunities, and the value of Strategy’s broader capital markets platform. My thesis is that the next major expansion in mNAV becomes increasingly plausible when Bitcoin decisively surpasses its previous $126,000 high and begins advancing toward $200,000–$250,000. Beyond that threshold, a sustained advance toward $300,000–$400,000 could create an entirely different valuation environment for Bitcoin treasury companies. Such a scenario could combine rising underlying asset values, renewed institutional demand, and potentially significant multiple expansion. Illustrative MSTR Valuation Scenarios — 2.5x Net mNAV: BTC $126,000 → MSTR ~$540 BTC $150,000 → MSTR ~$661 BTC $200,000 → MSTR ~$896 BTC $250,000 → MSTR ~$1,131 BTC $300,000 → MSTR ~$1,366 BTC $350,000 → MSTR ~$1,601 BTC $400,000 → MSTR ~$1,836 These are illustrative valuations under a simplified capital structure, not guaranteed outcomes or precise price targets. I do not expect MSTR to command a 2.5x premium simply because Bitcoin returns to $126,000. A sustained expansion would likely require considerably stronger momentum, improving liquidity, and renewed confidence in the durability of Bitcoin’s bull market. Yet the underlying asymmetry is compelling. Even without any expansion from today’s 1.15x mNAV, the model suggests that MSTR could surpass its previous $543 high if Bitcoin reaches approximately $261,000. That is the strategic importance of accretion. Every incremental increase in net Bitcoin per share reduces the valuation multiple required to achieve a given share price. And the 2.5x scenarios do not represent the upper boundary of what is theoretically possible. MSTR has previously traded above 4x net mNAV during periods of extraordinary Bitcoin momentum. If a future Bitcoin expansion toward $300,000–$400,000 coincides with renewed speculative demand and significantly higher valuation premiums, the resulting MSTR valuation could materially exceed the figures illustrated above. Meanwhile, its development of digital credit instruments represents an additional strategic dimension, potentially broadening its access to capital and creating new mechanisms for financing Bitcoin accumulation. The market currently focuses on the compression in MSTR’s share price. I believe the more consequential development is the improvement in its underlying Bitcoin economics.
·7 t sittenIncredibly slow price update on this compared to Bitcoin. Can provide an opportunity for some good buys.
·12 t sittenDoes a good financial report have an impact on this? Or is it solely the bitcoin price that determines the price of the stock?
Both parts, mostly bitcoin. Usual for it to swing around 5-8% on the earnings day. Up or down
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tuotteita joiden kohde-etuutena tämä arvopaperi
Välittäjätilasto
Dataa ei löytynyt
2026 Q3 - tulosraportti
Äänite tulossa
Tänään
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Foorumi
Liity keskusteluun Nordnet Socialissa
- 4 t sitten · MuokattuThe Market Is Mispricing the Significance of Bitcoin Accretion The most important development in Strategy’s financial position over the past two years is not simply the growth in its Bitcoin holdings. It is the increase in net Bitcoin exposure per share, achieved during a period of substantial multiple compression and deteriorating market sentiment. A common misconception is that a larger Bitcoin treasury should automatically translate into a higher share price at any given Bitcoin price. That interpretation overlooks the critical role of mNAV. Consider the numbers. November 21, 2024 — MSTR’s all-time high: * MSTR: $543 intraday * Bitcoin: ~$98,000 * Net mNAV: 4.3x * Bitcoin holdings: ~331,000 BTC October 28, 2026: * MSTR: ~$145 * Bitcoin: ~$81,000 * Net mNAV: 1.15x * Bitcoin holdings: ~848,000 BTC Despite the substantial decline in MSTR’s market valuation, Strategy increased its Bitcoin treasury by approximately 156%. More importantly, at a constant Bitcoin price of $98,000, net Bitcoin value per share increased from approximately $127 to $160 — an improvement of 26%. This fundamentally changes the mathematics of MSTR’s future upside. In November 2024, a 4.3x mNAV was required to support a $543 share price. Today, assuming Bitcoin returns to $98,000, MSTR would require only approximately 3.4x mNAV to revisit that same valuation. At the previous 4.3x premium, the implied share price would approach $686. Even at Bitcoin’s current ~$81,000 valuation, a restoration of the November 2024 premium would theoretically place MSTR near its former all-time high. The implication is significant: Strategy has increased the fundamental Bitcoin exposure supporting each share, even as the market has assigned that exposure a dramatically lower valuation multiple. The decline in MSTR is therefore not evidence that Bitcoin accretion has failed. It primarily reflects two simultaneous forces: lower Bitcoin prices and a substantial contraction in the market premium. The next question is what drives that premium higher. Historically, MSTR’s most aggressive valuation expansions have coincided with accelerating Bitcoin momentum, new all-time highs, increasing institutional participation, and heightened investor demand for leveraged Bitcoin exposure. The premium is not fixed, nor is its expansion guaranteed. It reflects the market’s expectations for future Bitcoin accumulation, capital efficiency, financing opportunities, and the value of Strategy’s broader capital markets platform. My thesis is that the next major expansion in mNAV becomes increasingly plausible when Bitcoin decisively surpasses its previous $126,000 high and begins advancing toward $200,000–$250,000. Beyond that threshold, a sustained advance toward $300,000–$400,000 could create an entirely different valuation environment for Bitcoin treasury companies. Such a scenario could combine rising underlying asset values, renewed institutional demand, and potentially significant multiple expansion. Illustrative MSTR Valuation Scenarios — 2.5x Net mNAV: BTC $126,000 → MSTR ~$540 BTC $150,000 → MSTR ~$661 BTC $200,000 → MSTR ~$896 BTC $250,000 → MSTR ~$1,131 BTC $300,000 → MSTR ~$1,366 BTC $350,000 → MSTR ~$1,601 BTC $400,000 → MSTR ~$1,836 These are illustrative valuations under a simplified capital structure, not guaranteed outcomes or precise price targets. I do not expect MSTR to command a 2.5x premium simply because Bitcoin returns to $126,000. A sustained expansion would likely require considerably stronger momentum, improving liquidity, and renewed confidence in the durability of Bitcoin’s bull market. Yet the underlying asymmetry is compelling. Even without any expansion from today’s 1.15x mNAV, the model suggests that MSTR could surpass its previous $543 high if Bitcoin reaches approximately $261,000. That is the strategic importance of accretion. Every incremental increase in net Bitcoin per share reduces the valuation multiple required to achieve a given share price. And the 2.5x scenarios do not represent the upper boundary of what is theoretically possible. MSTR has previously traded above 4x net mNAV during periods of extraordinary Bitcoin momentum. If a future Bitcoin expansion toward $300,000–$400,000 coincides with renewed speculative demand and significantly higher valuation premiums, the resulting MSTR valuation could materially exceed the figures illustrated above. Meanwhile, its development of digital credit instruments represents an additional strategic dimension, potentially broadening its access to capital and creating new mechanisms for financing Bitcoin accumulation. The market currently focuses on the compression in MSTR’s share price. I believe the more consequential development is the improvement in its underlying Bitcoin economics.
- ·7 t sittenIncredibly slow price update on this compared to Bitcoin. Can provide an opportunity for some good buys.
- ·12 t sittenDoes a good financial report have an impact on this? Or is it solely the bitcoin price that determines the price of the stock?Both parts, mostly bitcoin. Usual for it to swing around 5-8% on the earnings day. Up or down
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä |
|---|---|---|
| - | - |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Rahastoja ja ETF:iä jotka omistavat osaketta
Mikään rahasto ei ilmoita osaketta kymmenen suurimman omistuksensa joukossa.
Asiakkaat katsoivat myös
Yhtiötapahtumat
Datan lähde: Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q4 - tulosraportti 5.2.2027 |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q3 - tulosraportti 29.10. | ||
2026 Q2 - tulosraportti 30.7. | ||
Vuosittainen yhtiökokous 2026 8.6. | ||
2026 Q1 - tulosraportti 5.5. | ||
2025 Q4 - tulosraportti 5.2. |
Tuotteita joiden kohde-etuutena tämä arvopaperi
Välittäjätilasto
Dataa ei löytynyt
2026 Q3 - tulosraportti
Äänite tulossa
Tänään
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Yhtiötapahtumat
Datan lähde: Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q4 - tulosraportti 5.2.2027 |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q3 - tulosraportti 29.10. | ||
2026 Q2 - tulosraportti 30.7. | ||
Vuosittainen yhtiökokous 2026 8.6. | ||
2026 Q1 - tulosraportti 5.5. | ||
2025 Q4 - tulosraportti 5.2. |
Tuotteita joiden kohde-etuutena tämä arvopaperi
Foorumi
Liity keskusteluun Nordnet Socialissa
- 4 t sitten · MuokattuThe Market Is Mispricing the Significance of Bitcoin Accretion The most important development in Strategy’s financial position over the past two years is not simply the growth in its Bitcoin holdings. It is the increase in net Bitcoin exposure per share, achieved during a period of substantial multiple compression and deteriorating market sentiment. A common misconception is that a larger Bitcoin treasury should automatically translate into a higher share price at any given Bitcoin price. That interpretation overlooks the critical role of mNAV. Consider the numbers. November 21, 2024 — MSTR’s all-time high: * MSTR: $543 intraday * Bitcoin: ~$98,000 * Net mNAV: 4.3x * Bitcoin holdings: ~331,000 BTC October 28, 2026: * MSTR: ~$145 * Bitcoin: ~$81,000 * Net mNAV: 1.15x * Bitcoin holdings: ~848,000 BTC Despite the substantial decline in MSTR’s market valuation, Strategy increased its Bitcoin treasury by approximately 156%. More importantly, at a constant Bitcoin price of $98,000, net Bitcoin value per share increased from approximately $127 to $160 — an improvement of 26%. This fundamentally changes the mathematics of MSTR’s future upside. In November 2024, a 4.3x mNAV was required to support a $543 share price. Today, assuming Bitcoin returns to $98,000, MSTR would require only approximately 3.4x mNAV to revisit that same valuation. At the previous 4.3x premium, the implied share price would approach $686. Even at Bitcoin’s current ~$81,000 valuation, a restoration of the November 2024 premium would theoretically place MSTR near its former all-time high. The implication is significant: Strategy has increased the fundamental Bitcoin exposure supporting each share, even as the market has assigned that exposure a dramatically lower valuation multiple. The decline in MSTR is therefore not evidence that Bitcoin accretion has failed. It primarily reflects two simultaneous forces: lower Bitcoin prices and a substantial contraction in the market premium. The next question is what drives that premium higher. Historically, MSTR’s most aggressive valuation expansions have coincided with accelerating Bitcoin momentum, new all-time highs, increasing institutional participation, and heightened investor demand for leveraged Bitcoin exposure. The premium is not fixed, nor is its expansion guaranteed. It reflects the market’s expectations for future Bitcoin accumulation, capital efficiency, financing opportunities, and the value of Strategy’s broader capital markets platform. My thesis is that the next major expansion in mNAV becomes increasingly plausible when Bitcoin decisively surpasses its previous $126,000 high and begins advancing toward $200,000–$250,000. Beyond that threshold, a sustained advance toward $300,000–$400,000 could create an entirely different valuation environment for Bitcoin treasury companies. Such a scenario could combine rising underlying asset values, renewed institutional demand, and potentially significant multiple expansion. Illustrative MSTR Valuation Scenarios — 2.5x Net mNAV: BTC $126,000 → MSTR ~$540 BTC $150,000 → MSTR ~$661 BTC $200,000 → MSTR ~$896 BTC $250,000 → MSTR ~$1,131 BTC $300,000 → MSTR ~$1,366 BTC $350,000 → MSTR ~$1,601 BTC $400,000 → MSTR ~$1,836 These are illustrative valuations under a simplified capital structure, not guaranteed outcomes or precise price targets. I do not expect MSTR to command a 2.5x premium simply because Bitcoin returns to $126,000. A sustained expansion would likely require considerably stronger momentum, improving liquidity, and renewed confidence in the durability of Bitcoin’s bull market. Yet the underlying asymmetry is compelling. Even without any expansion from today’s 1.15x mNAV, the model suggests that MSTR could surpass its previous $543 high if Bitcoin reaches approximately $261,000. That is the strategic importance of accretion. Every incremental increase in net Bitcoin per share reduces the valuation multiple required to achieve a given share price. And the 2.5x scenarios do not represent the upper boundary of what is theoretically possible. MSTR has previously traded above 4x net mNAV during periods of extraordinary Bitcoin momentum. If a future Bitcoin expansion toward $300,000–$400,000 coincides with renewed speculative demand and significantly higher valuation premiums, the resulting MSTR valuation could materially exceed the figures illustrated above. Meanwhile, its development of digital credit instruments represents an additional strategic dimension, potentially broadening its access to capital and creating new mechanisms for financing Bitcoin accumulation. The market currently focuses on the compression in MSTR’s share price. I believe the more consequential development is the improvement in its underlying Bitcoin economics.
- ·7 t sittenIncredibly slow price update on this compared to Bitcoin. Can provide an opportunity for some good buys.
- ·12 t sittenDoes a good financial report have an impact on this? Or is it solely the bitcoin price that determines the price of the stock?Both parts, mostly bitcoin. Usual for it to swing around 5-8% on the earnings day. Up or down
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä |
|---|---|---|
| - | - |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Rahastoja ja ETF:iä jotka omistavat osaketta
Mikään rahasto ei ilmoita osaketta kymmenen suurimman omistuksensa joukossa.
Asiakkaat katsoivat myös
Välittäjätilasto
Dataa ei löytynyt