Q2-osavuosiraportti
47 päivää sitten‧2 t 9 min
Tarjoustasot
Määrä
Osto
4
Myynti
Määrä
202
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Ylin
330,73VWAP
Alin
324,84VaihtoMäärä
400,9 2 003 580
VWAP
Ylin
330,73Alin
324,84VaihtoMäärä
400,9 2 003 580
Välittäjätilasto
Dataa ei löytynyt
Yhtiötapahtumat
| Seuraava tapahtuma | |
|---|---|
Sijoittajakalenteri ei ole saatavilla | |
| Menneet tapahtumat | ||
|---|---|---|
| 2025 Q2-osavuosiraportti | 31.7. | |
| 2025 Yhtiökokous | 12.6. | |
| 2025 Q1-osavuosiraportti | 1.5. | |
| 2024 Vuosiraportti | 18.2. | |
| 2024 Q4-osavuosiraportti | 5.2. |
Datan lähde: Morningstar, Quartr
Asiakkaat katsoivat myös
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
12 min sitten · Muokattu·Here’s a guide to understanding Strategy that will hopefully adjust people’s expectations of the stock’s performance. What is Strategy? At its highest level, Strategy is just leveraged Bitcoin. Period. They use debt to buy more BTC. That’s why you invest in $MSTR: because you want to outperform Bitcoin. The only thing better than Bitcoin is more Bitcoin. mNAV For a pure Bitcoin Treasury like Strategy, mNAV is an expression of the market’s expectation of future Bitcoin Yield. Yields decline over time because each additional coin provides less “BTC per share.” The larger the stack, the harder it is to create yield—and thus beat Bitcoin. On a Bitcoin standard, mNAV will therefore always tend toward 1 in the long run because the supply is limited to 21 million. Why is MSTR’s mNav so low right now? 1. Strategy is a completely different company in 2025 In 2020, they didn't measure Yield and BTC per share. That didn't come until Q2 2024, and in October 2024, Saylor launched the 21/21 plan, which kickstarted the unnaturally large rally we had in November, when $MSTR hit ~550 USD. Comparing this to the last cycle, when mNAV peaked >8x, distorts the picture. Strategy today = a completely different company. 2. New industry The Bitcoin Treasury model is new. The market has had to learn to price it in real time. As a pioneer, Strategy has attracted disproportionate speculation. November 2024 was an over-correction to the upside (amplified by Trump's victory). Now we see an over-correction to the downside. 3. Bitcoin Yield With 637,460 BTC (>3% of supply), it is extremely difficult to create meaningful Yield. That's why we see mNAV compressing. To remedy this, the company introduced a new measure: Bitcoin-$-Gain (the value of newly purchased BTC plus the price increase in the BTC you own). Strategy wants the market to see it as “earnings”. Personally, I don't like it. It's not definitively like classic earnings, because the BTC price will always fluctuate. If Wall Street buys into the idea of BTC-$-Gain, $MSTR is probably undervalued by 5–10x. If not, 1–2x. If you can't live with the latter as a “worst case”, the stock is probably not for you. 4. Preferred products The entire case today rests on the success of the so-called preferred products. Saylor wants to make Strategy the “Amazon of fixed income” via Bitcoin-based credit instruments. It's not a small innovation, but an attempt to transform global finance. But it will take years, not months. The market is currently pricing it at zero. However, the capital markets are hungry for yield. When (not if) they discover Bitcoin, who can deliver credit instruments at scale? The answer is Strategy. But that’s a 5–10+ year game. So how do you value MSTR? There are 3 things YOU as an investor need to do: 1. Define your time horizon. How long do you want to hold the stock? 2. Second, estimate – depending on your preferred metric – how much Bitcoin yield or Bitcoin-$-Gain you expect Strategy to generate over that period, and then calculate how much you expect $MSTR to outperform Bitcoin based on those values. 3. Third, ask yourself whether you’d be happy with the level of outperformance you’ve calculated? In other words, is it worth the trade-off? Or would it be better to invest in either spot Bitcoin, an alternative Bitcoin finance company, or a Bitcoin ETF? If you are happy with the level of outperformance you have calculated, $MSTR is probably a good investment choice for you. If you are not, $MSTR is probably a bad investment choice for you. I personally believe that $MSTR will outperform Bitcoin by at least 1–2x over 5–10 years. Potentially much more if BTC-$-Gain becomes the dominant metric. Regardless: the best is yet to come.
18 t sitten·Everything points to good times for bitcoin. Anyone have any good theories as to why this is seeping over a longer period of time?
8 t sitten·One reason could be that capital is moving away from MSTR in search of new smaller crypto-related treasury companies, finding them early and speculating that they are rushing to make quick cash. The above usually comes at higher risk and many will get burned when they realize that the quality of these companies and their loans is crap compared to MSTR.
21 t sitten · Muokattu21 t sitten · MuokattuAt the moment 450 bitcoin are mined per day. That makes 164 250 bitcoin per year or 3158 bitcoin per week. Last year Strategy puchased 140 000 bitcoin. (85 %) This year Strategy has already purchased 115 000 bitcoin. (70 %) If Q4 is as good as I believe it is possible that Strategy will buy all bitcoin mined during 2025.
1 päivä sitten1 päivä sittenThe price of bitcoin is moving up, this has not performed well the last months, why having this stock instead of bitcoin?21 t sitten21 t sittenBitcoin yield is the investment case for all bitcoin treasury companies.
2 päivää sitten·Interesting, balanced and worth listening to interview with cross-sector perspective (bitcoin, gold, solana, crypto, altcoins, dollar, geopolitics, oil, "the market") with experienced investor. Personally, I was not familiar with the term/event "crack-up". "Florian Grummes, Managing Director of Midas Touch Consulting, predicts Bitcoin will hit $150,000 and gold will reach $9,000 due to massive money printing that forces investors into hard assets as fiat currencies lose value." https://youtu.be/frIl32YrBDM23 t sitten · Muokattu·Interesting interview with analyst Tom Lee. Haven't followed or listened to him that closely before - unfortunately - but he seems successful and has been right about a lot. And Bitmine has had a good journey since he stepped in. He claims, among other things, that 60% of Stablecoins spin on Ethereum and that 36% of Ethereum's revenue comes from there. Is this true? Ep 1: https://youtu.be/b-IyeN0cQaM Ep 2: https://youtu.be/BW2R2a9K42k Personally, I also believe/guess that part of the plan to deal with the US debt mountain is by deflating the dollar and inflation through money printing and that Stablecoins are therefore part of that plan (?). Tom Lee has apparently been a "wireless analyst" for 16 years before his current positions and seems to have his eye on it. I became curious and interested in Fundstrat's ETF that is supposed to reflect their "best ideas", but unfortunately American ETFs are not allowed for trading in the EU. https://www.nordnet.se/etf/lista/fundstrat-granny-shots-us-grny-xnas4 t sitten4 t sitten🤷🏼♂️🤷🏼♂️ Wall Street tokenization? 10 year zero downtime? Competing technologies? Ethereum killers? Goverments CBDC threats? https://youtu.be/B1-UAmYvh6c https://youtu.be/zCywXaIKIoE
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen 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.
Uutiset ja analyysit
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.
Q2-osavuosiraportti
47 päivää sitten‧2 t 9 min
Uutiset ja analyysit
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.
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- 12 min sitten · Muokattu·Here’s a guide to understanding Strategy that will hopefully adjust people’s expectations of the stock’s performance. What is Strategy? At its highest level, Strategy is just leveraged Bitcoin. Period. They use debt to buy more BTC. That’s why you invest in $MSTR: because you want to outperform Bitcoin. The only thing better than Bitcoin is more Bitcoin. mNAV For a pure Bitcoin Treasury like Strategy, mNAV is an expression of the market’s expectation of future Bitcoin Yield. Yields decline over time because each additional coin provides less “BTC per share.” The larger the stack, the harder it is to create yield—and thus beat Bitcoin. On a Bitcoin standard, mNAV will therefore always tend toward 1 in the long run because the supply is limited to 21 million. Why is MSTR’s mNav so low right now? 1. Strategy is a completely different company in 2025 In 2020, they didn't measure Yield and BTC per share. That didn't come until Q2 2024, and in October 2024, Saylor launched the 21/21 plan, which kickstarted the unnaturally large rally we had in November, when $MSTR hit ~550 USD. Comparing this to the last cycle, when mNAV peaked >8x, distorts the picture. Strategy today = a completely different company. 2. New industry The Bitcoin Treasury model is new. The market has had to learn to price it in real time. As a pioneer, Strategy has attracted disproportionate speculation. November 2024 was an over-correction to the upside (amplified by Trump's victory). Now we see an over-correction to the downside. 3. Bitcoin Yield With 637,460 BTC (>3% of supply), it is extremely difficult to create meaningful Yield. That's why we see mNAV compressing. To remedy this, the company introduced a new measure: Bitcoin-$-Gain (the value of newly purchased BTC plus the price increase in the BTC you own). Strategy wants the market to see it as “earnings”. Personally, I don't like it. It's not definitively like classic earnings, because the BTC price will always fluctuate. If Wall Street buys into the idea of BTC-$-Gain, $MSTR is probably undervalued by 5–10x. If not, 1–2x. If you can't live with the latter as a “worst case”, the stock is probably not for you. 4. Preferred products The entire case today rests on the success of the so-called preferred products. Saylor wants to make Strategy the “Amazon of fixed income” via Bitcoin-based credit instruments. It's not a small innovation, but an attempt to transform global finance. But it will take years, not months. The market is currently pricing it at zero. However, the capital markets are hungry for yield. When (not if) they discover Bitcoin, who can deliver credit instruments at scale? The answer is Strategy. But that’s a 5–10+ year game. So how do you value MSTR? There are 3 things YOU as an investor need to do: 1. Define your time horizon. How long do you want to hold the stock? 2. Second, estimate – depending on your preferred metric – how much Bitcoin yield or Bitcoin-$-Gain you expect Strategy to generate over that period, and then calculate how much you expect $MSTR to outperform Bitcoin based on those values. 3. Third, ask yourself whether you’d be happy with the level of outperformance you’ve calculated? In other words, is it worth the trade-off? Or would it be better to invest in either spot Bitcoin, an alternative Bitcoin finance company, or a Bitcoin ETF? If you are happy with the level of outperformance you have calculated, $MSTR is probably a good investment choice for you. If you are not, $MSTR is probably a bad investment choice for you. I personally believe that $MSTR will outperform Bitcoin by at least 1–2x over 5–10 years. Potentially much more if BTC-$-Gain becomes the dominant metric. Regardless: the best is yet to come.
- 18 t sitten·Everything points to good times for bitcoin. Anyone have any good theories as to why this is seeping over a longer period of time?8 t sitten·One reason could be that capital is moving away from MSTR in search of new smaller crypto-related treasury companies, finding them early and speculating that they are rushing to make quick cash. The above usually comes at higher risk and many will get burned when they realize that the quality of these companies and their loans is crap compared to MSTR.
- 21 t sitten · Muokattu21 t sitten · MuokattuAt the moment 450 bitcoin are mined per day. That makes 164 250 bitcoin per year or 3158 bitcoin per week. Last year Strategy puchased 140 000 bitcoin. (85 %) This year Strategy has already purchased 115 000 bitcoin. (70 %) If Q4 is as good as I believe it is possible that Strategy will buy all bitcoin mined during 2025.
- 1 päivä sitten1 päivä sittenThe price of bitcoin is moving up, this has not performed well the last months, why having this stock instead of bitcoin?21 t sitten21 t sittenBitcoin yield is the investment case for all bitcoin treasury companies.
- 2 päivää sitten·Interesting, balanced and worth listening to interview with cross-sector perspective (bitcoin, gold, solana, crypto, altcoins, dollar, geopolitics, oil, "the market") with experienced investor. Personally, I was not familiar with the term/event "crack-up". "Florian Grummes, Managing Director of Midas Touch Consulting, predicts Bitcoin will hit $150,000 and gold will reach $9,000 due to massive money printing that forces investors into hard assets as fiat currencies lose value." https://youtu.be/frIl32YrBDM23 t sitten · Muokattu·Interesting interview with analyst Tom Lee. Haven't followed or listened to him that closely before - unfortunately - but he seems successful and has been right about a lot. And Bitmine has had a good journey since he stepped in. He claims, among other things, that 60% of Stablecoins spin on Ethereum and that 36% of Ethereum's revenue comes from there. Is this true? Ep 1: https://youtu.be/b-IyeN0cQaM Ep 2: https://youtu.be/BW2R2a9K42k Personally, I also believe/guess that part of the plan to deal with the US debt mountain is by deflating the dollar and inflation through money printing and that Stablecoins are therefore part of that plan (?). Tom Lee has apparently been a "wireless analyst" for 16 years before his current positions and seems to have his eye on it. I became curious and interested in Fundstrat's ETF that is supposed to reflect their "best ideas", but unfortunately American ETFs are not allowed for trading in the EU. https://www.nordnet.se/etf/lista/fundstrat-granny-shots-us-grny-xnas4 t sitten4 t sitten🤷🏼♂️🤷🏼♂️ Wall Street tokenization? 10 year zero downtime? Competing technologies? Ethereum killers? Goverments CBDC threats? https://youtu.be/B1-UAmYvh6c https://youtu.be/zCywXaIKIoE
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen 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
4
Myynti
Määrä
202
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Ylin
330,73VWAP
Alin
324,84VaihtoMäärä
400,9 2 003 580
VWAP
Ylin
330,73Alin
324,84VaihtoMäärä
400,9 2 003 580
Välittäjätilasto
Dataa ei löytynyt
Asiakkaat katsoivat myös
Yhtiötapahtumat
| Seuraava tapahtuma | |
|---|---|
Sijoittajakalenteri ei ole saatavilla | |
| Menneet tapahtumat | ||
|---|---|---|
| 2025 Q2-osavuosiraportti | 31.7. | |
| 2025 Yhtiökokous | 12.6. | |
| 2025 Q1-osavuosiraportti | 1.5. | |
| 2024 Vuosiraportti | 18.2. | |
| 2024 Q4-osavuosiraportti | 5.2. |
Datan lähde: Morningstar, Quartr
Q2-osavuosiraportti
47 päivää sitten‧2 t 9 min
Uutiset ja analyysit
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
| Seuraava tapahtuma | |
|---|---|
Sijoittajakalenteri ei ole saatavilla | |
| Menneet tapahtumat | ||
|---|---|---|
| 2025 Q2-osavuosiraportti | 31.7. | |
| 2025 Yhtiökokous | 12.6. | |
| 2025 Q1-osavuosiraportti | 1.5. | |
| 2024 Vuosiraportti | 18.2. | |
| 2024 Q4-osavuosiraportti | 5.2. |
Datan lähde: Morningstar, Quartr
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- 12 min sitten · Muokattu·Here’s a guide to understanding Strategy that will hopefully adjust people’s expectations of the stock’s performance. What is Strategy? At its highest level, Strategy is just leveraged Bitcoin. Period. They use debt to buy more BTC. That’s why you invest in $MSTR: because you want to outperform Bitcoin. The only thing better than Bitcoin is more Bitcoin. mNAV For a pure Bitcoin Treasury like Strategy, mNAV is an expression of the market’s expectation of future Bitcoin Yield. Yields decline over time because each additional coin provides less “BTC per share.” The larger the stack, the harder it is to create yield—and thus beat Bitcoin. On a Bitcoin standard, mNAV will therefore always tend toward 1 in the long run because the supply is limited to 21 million. Why is MSTR’s mNav so low right now? 1. Strategy is a completely different company in 2025 In 2020, they didn't measure Yield and BTC per share. That didn't come until Q2 2024, and in October 2024, Saylor launched the 21/21 plan, which kickstarted the unnaturally large rally we had in November, when $MSTR hit ~550 USD. Comparing this to the last cycle, when mNAV peaked >8x, distorts the picture. Strategy today = a completely different company. 2. New industry The Bitcoin Treasury model is new. The market has had to learn to price it in real time. As a pioneer, Strategy has attracted disproportionate speculation. November 2024 was an over-correction to the upside (amplified by Trump's victory). Now we see an over-correction to the downside. 3. Bitcoin Yield With 637,460 BTC (>3% of supply), it is extremely difficult to create meaningful Yield. That's why we see mNAV compressing. To remedy this, the company introduced a new measure: Bitcoin-$-Gain (the value of newly purchased BTC plus the price increase in the BTC you own). Strategy wants the market to see it as “earnings”. Personally, I don't like it. It's not definitively like classic earnings, because the BTC price will always fluctuate. If Wall Street buys into the idea of BTC-$-Gain, $MSTR is probably undervalued by 5–10x. If not, 1–2x. If you can't live with the latter as a “worst case”, the stock is probably not for you. 4. Preferred products The entire case today rests on the success of the so-called preferred products. Saylor wants to make Strategy the “Amazon of fixed income” via Bitcoin-based credit instruments. It's not a small innovation, but an attempt to transform global finance. But it will take years, not months. The market is currently pricing it at zero. However, the capital markets are hungry for yield. When (not if) they discover Bitcoin, who can deliver credit instruments at scale? The answer is Strategy. But that’s a 5–10+ year game. So how do you value MSTR? There are 3 things YOU as an investor need to do: 1. Define your time horizon. How long do you want to hold the stock? 2. Second, estimate – depending on your preferred metric – how much Bitcoin yield or Bitcoin-$-Gain you expect Strategy to generate over that period, and then calculate how much you expect $MSTR to outperform Bitcoin based on those values. 3. Third, ask yourself whether you’d be happy with the level of outperformance you’ve calculated? In other words, is it worth the trade-off? Or would it be better to invest in either spot Bitcoin, an alternative Bitcoin finance company, or a Bitcoin ETF? If you are happy with the level of outperformance you have calculated, $MSTR is probably a good investment choice for you. If you are not, $MSTR is probably a bad investment choice for you. I personally believe that $MSTR will outperform Bitcoin by at least 1–2x over 5–10 years. Potentially much more if BTC-$-Gain becomes the dominant metric. Regardless: the best is yet to come.
- 18 t sitten·Everything points to good times for bitcoin. Anyone have any good theories as to why this is seeping over a longer period of time?8 t sitten·One reason could be that capital is moving away from MSTR in search of new smaller crypto-related treasury companies, finding them early and speculating that they are rushing to make quick cash. The above usually comes at higher risk and many will get burned when they realize that the quality of these companies and their loans is crap compared to MSTR.
- 21 t sitten · Muokattu21 t sitten · MuokattuAt the moment 450 bitcoin are mined per day. That makes 164 250 bitcoin per year or 3158 bitcoin per week. Last year Strategy puchased 140 000 bitcoin. (85 %) This year Strategy has already purchased 115 000 bitcoin. (70 %) If Q4 is as good as I believe it is possible that Strategy will buy all bitcoin mined during 2025.
- 1 päivä sitten1 päivä sittenThe price of bitcoin is moving up, this has not performed well the last months, why having this stock instead of bitcoin?21 t sitten21 t sittenBitcoin yield is the investment case for all bitcoin treasury companies.
- 2 päivää sitten·Interesting, balanced and worth listening to interview with cross-sector perspective (bitcoin, gold, solana, crypto, altcoins, dollar, geopolitics, oil, "the market") with experienced investor. Personally, I was not familiar with the term/event "crack-up". "Florian Grummes, Managing Director of Midas Touch Consulting, predicts Bitcoin will hit $150,000 and gold will reach $9,000 due to massive money printing that forces investors into hard assets as fiat currencies lose value." https://youtu.be/frIl32YrBDM23 t sitten · Muokattu·Interesting interview with analyst Tom Lee. Haven't followed or listened to him that closely before - unfortunately - but he seems successful and has been right about a lot. And Bitmine has had a good journey since he stepped in. He claims, among other things, that 60% of Stablecoins spin on Ethereum and that 36% of Ethereum's revenue comes from there. Is this true? Ep 1: https://youtu.be/b-IyeN0cQaM Ep 2: https://youtu.be/BW2R2a9K42k Personally, I also believe/guess that part of the plan to deal with the US debt mountain is by deflating the dollar and inflation through money printing and that Stablecoins are therefore part of that plan (?). Tom Lee has apparently been a "wireless analyst" for 16 years before his current positions and seems to have his eye on it. I became curious and interested in Fundstrat's ETF that is supposed to reflect their "best ideas", but unfortunately American ETFs are not allowed for trading in the EU. https://www.nordnet.se/etf/lista/fundstrat-granny-shots-us-grny-xnas4 t sitten4 t sitten🤷🏼♂️🤷🏼♂️ Wall Street tokenization? 10 year zero downtime? Competing technologies? Ethereum killers? Goverments CBDC threats? https://youtu.be/B1-UAmYvh6c https://youtu.be/zCywXaIKIoE
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen 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
4
Myynti
Määrä
202
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Ylin
330,73VWAP
Alin
324,84VaihtoMäärä
400,9 2 003 580
VWAP
Ylin
330,73Alin
324,84VaihtoMäärä
400,9 2 003 580
Välittäjätilasto
Dataa ei löytynyt