Pilgrim Partners Asia Pte Ltd Purchases 69,900 Shares of Strategy Inc $MSTR

Key Points

• Pilgrim Partners Asia Pte Ltd boosted its stake in Strategy Inc (MSTR) by 69,900% to 70,000 shares, making it the firm's 5th-largest holding valued at roughly $10.64 million.
• Strategy reported a large Q1 net loss driven by bitcoin markdowns — EPS of ($38.25) versus a consensus of ( $0.86) — and disclosed an ~$82M equity raise and a shift toward potentially selling BTC, raising execution, dilution and headline risks.
• Analysts hold a consensus of Moderate Buy with an average price target of $323.57, while bitcoin rallies and elevated options-implied volatility remain the key near-term drivers of upside and risk for MSTR.

Pilgrim Partners Asia Pte Ltd lifted its stake in shares of Strategy Inc (NASDAQ:MSTR - Free Report) by 69,900.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 70,000 shares of the software maker's stock after acquiring an additional 69,900 shares during the quarter. Strategy comprises about 5.1% of Pilgrim Partners Asia Pte Ltd's investment portfolio, making the stock its 5th biggest holding. Pilgrim Partners Asia Pte Ltd's holdings in Strategy were worth $10,636,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in MSTR. Rhumbline Advisers boosted its holdings in Strategy by 16.1% during the third quarter. Rhumbline Advisers now owns 313,565 shares of the software maker's stock worth $101,034,000 after buying an additional 43,509 shares in the last quarter. Schroder Investment Management Group boosted its holdings in Strategy by 21.0% during the third quarter. Schroder Investment Management Group now owns 118,478 shares of the software maker's stock worth $38,175,000 after buying an additional 20,536 shares in the last quarter. Van ECK Associates Corp boosted its holdings in Strategy by 46.1% during the third quarter. Van ECK Associates Corp now owns 204,506 shares of the software maker's stock worth $65,894,000 after buying an additional 64,482 shares in the last quarter. Harvest Portfolios Group Inc. boosted its holdings in Strategy by 119.0% during the third quarter. Harvest Portfolios Group Inc. now owns 1,550,520 shares of the software maker's stock worth $499,593,000 after buying an additional 842,480 shares in the last quarter. Finally, Shariaportfolio Inc. boosted its holdings in Strategy by 18.1% during the third quarter. Shariaportfolio Inc. now owns 106,492 shares of the software maker's stock worth $34,313,000 after buying an additional 16,354 shares in the last quarter. Institutional investors and hedge funds own 59.84% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on MSTR shares. BTIG Research restated a "buy" rating and set a $350.00 target price on shares of Strategy in a report on Wednesday. Wall Street Zen lowered shares of Strategy from a "hold" rating to a "sell" rating in a research note on Sunday, February 8th. Truist Financial set a $268.00 price objective on shares of Strategy in a research note on Friday, January 9th. TD Cowen decreased their price objective on shares of Strategy from $440.00 to $350.00 and set a "buy" rating for the company in a research note on Friday, April 10th. Finally, HC Wainwright reaffirmed a "buy" rating on shares of Strategy in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $323.57.

Key Headlines Impacting Strategy

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Bitcoin rally lifts crypto-linked equities — renewed bitcoin strength above ~$80k has re-rated bitcoin-treasury names and helped support demand for MSTR shares. Bitcoin Surges Above $80K — Blockonomi
• Positive Sentiment: Preferred-stock yields (STRC) are drawing investor interest — STRC’s high effective yield is a capital-market tailwind that can support funding for bitcoin purchases or balance‑sheet activity. STRC Yields — Bitcoin.com
• Positive Sentiment: Street sees meaningful upside vs. current price — several analyst notes highlight large upside scenarios if bitcoin recovers and execution continues. Analysts See Upside — 247WallSt
• Neutral Sentiment: ATM equity program and recent share sales updated — company reported at‑the‑market (ATM) equity activity and current BTC holdings; informative for pace of future BTC buys but not an immediate directional catalyst. ATM Equity Update — TipRanks
• Neutral Sentiment: Equity raise — company raised ~$82M via MSTR share sales while keeping BTC holdings flat in the snapshot; raises liquidity but can dilute near term. Raised $82M via Stock Sales — Yahoo Finance
• Neutral Sentiment: Options show elevated near-term volatility — traders priced an outsized move around the Q1 report, signaling higher short-term risk for the stock. Options Move Preview — TipRanks
• Negative Sentiment: Large Q1 loss tied to bitcoin markdowns — Strategy reported a multi‑billion net loss and a ($38.25) EPS miss as bitcoin valuation declines overwhelmed operating gains, driving headline risk and earnings volatility. Wider Q1 Loss — Reuters
• Negative Sentiment: Management abandons 'never sell' stance on bitcoin — CEO signaled the company may sell BTC or use BTC to fund debt when accretive to bitcoin‑per‑share, introducing execution and signaling risk around the firm’s pure accumulation story. Policy Shift — CNBC
• Negative Sentiment: Insider selling — a director disclosed share sales in late April/early May, which can attract investor attention on insider liquidity even though holdings remain material. SEC Filing — Insider Sales

Strategy Trading Up 1.7%

Strategy stock opened at $186.90 on Wednesday. The company has a 50 day moving average price of $141.84 and a 200 day moving average price of $169.59. Strategy Inc has a 52 week low of $104.17 and a 52 week high of $457.22. The company has a debt-to-equity ratio of 0.18, a quick ratio of 5.62 and a current ratio of 5.62. The firm has a market capitalization of $62.38 billion, a price-to-earnings ratio of -10.16 and a beta of 3.59.

Strategy (NASDAQ:MSTR - Get Free Report) last released its earnings results on Tuesday, May 5th. The software maker reported ($38.25) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.86) by ($37.39). Strategy had a negative return on equity of 8.74% and a negative net margin of 806.34%.The company had revenue of $124.30 million during the quarter, compared to analysts' expectations of $120.75 million. During the same quarter in the previous year, the company earned ($16.49) EPS. The firm's quarterly revenue was up 11.9% compared to the same quarter last year. Research analysts forecast that Strategy Inc will post 136.35 EPS for the current year.

Insider Transactions at Strategy

In other Strategy news, Director Jarrod M. Patten sold 2,250 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $173.84, for a total value of $391,140.00. Following the completion of the sale, the director owned 28,000 shares in the company, valued at $4,867,520. This represents a 7.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last three months, insiders have sold 25,452 shares of company stock valued at $3,708,002. 8.46% of the stock is owned by corporate insiders.

Strategy Company Profile

Strategy, formerly known as MicroStrategy, Incorporated NASDAQ: MSTR is a global provider of enterprise analytics and mobility software. The company’s flagship platform offers business intelligence, data discovery, and advanced visualizations that enable organizations to analyze large volumes of data and deliver actionable insights. In addition to traditional on-premises deployments, Strategy provides a range of cloud-based services and managed offerings that allow customers to leverage the power of its analytics tools without managing complex infrastructure.

Founded in 1989 by Michael J.

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