Key takeaways:
Strategy’s stock rose 32% in April, its biggest monthly gain since November.
Speculation is building that Strategy will announce a major capital raise during its Q1 earnings call on May 1 as it continues to grow its Bitcoin holdings.
Analysts expect a 1% year-on-year revenue bump to $116.6 million, following the firm’s $120.7 million revenues for Q4 2024.
Michael Saylor’s Strategy closed April with its highest monthly gain since November, ahead of the firm’s highly anticipated earnings call on May 1.
Strategy (MSTR), formerly known as MicroStrategy, closed April 30 trading at $380.11, a 32% increase from its closing price of $288 on March 31, according to Google Finance data.
Speculation mounts on “huge capital raise”
It’s Strategy’s highest monthly gain in five months, following a 59% rise over November as the value of its vast Bitcoin (BTC) holdings swelled