MicroStrategy’s Stock Soars While Giants Stumble: You Won’t Believe the Numbers!

Well, well, well! If it isn’t MicroStrategy’s stock, MSTR, strutting its stuff and snagging the second spot on the Nasdaq 100 Component Year-to-Date Returns list. Yes, you heard that right! It’s outpacing the likes of Meta, Netflix, and NVIDIA. Who knew the little engine that could would leave these tech titans in the dust? 🚀

Now, the Nasdaq 100 is like the Oscars for tech companies, and it’s here to highlight the crème de la crème through their Year-to-Date returns. As of January 29, 2025, Constellation Energy Corp is leading the pack with a dazzling 22.93% YTD gain, while MicroStrategy is not far behind with a respectable 20.13%. Meanwhile, Meta is limping along with a 12.7% increase, and Netflix? Well, it’s practically flatlining with a +0.04% change. And NVIDIA? Oh dear, it’s taken a nosedive of 11%. Talk about a rough day at the office! 😬

NEW: MicroStrategy boasts the second-highest year-to-date returns in the Nasdaq 100, outperforming giants like Meta, Netflix, and NVIDIA.

Bitcoin News (@BitcoinNewsCom) January 28, 2025

MSTR’s stock price rising rises

Since Michael Saylor, the Chairman of MicroStrategy, unveiled his “21/21 Plan” back in October 2024, MSTR’s stock prices have been on a bullish rampage. It’s like watching a toddler on a sugar high—unpredictable but undeniably entertaining!

Under this ambitious plan, MicroStrategy aims to rake in a whopping $42 billion over three years—$21 billion from selling shares and another $21 billion from borrowing. The grand goal? To buy more Bitcoin (BTC) and enjoy annual returns of 6% to 10% on their BTC investments from 2025 to 2027. In the last six months, MSTR’s price has skyrocketed by 108.01%. That’s right, folks, 108.01%! If only my investments could do the same! 💸

Analysts are now predicting that MSTR could see another 20% jump in its price. On January 27, MicroStrategy went on a shopping spree, buying $1.1 billion worth of BTC, bringing its total BTC holding to a staggering 471,107. According to MSTR’s Bitcoin Treasury report, the company is sitting on $48.23 billion worth of BTC. That’s a lot of digital coins! 🪙

MSTR faces backlash

But it’s not all sunshine and rainbows for MicroStrategy. The largest corporate holder of BTC has faced its fair share of backlash, with some analysts labeling it a “Ponzi scheme.” Ouch! On December 31, when MSTR’s price took a $300 tumble, analyst Martin Shkreli didn’t hold back, criticizing Saylor for relying heavily on debt and equity issuance to buy more BTC. Talk about a risky game of Jenga! 🎲

To add to the drama, the Wall Street Journal reported on January 24 that MicroStrategy could be facing an unquantified tax hit from a new corporate alternative minimum tax. This could mean paying federal income taxes on the increase in value of its BTC assets. If that tax hits, MicroStrategy might have to liquidate some of its BTC holdings to cover the bill—definitely not the kind of stock market rollercoaster anyone wants to ride! 🎢

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2025-01-29 10:21