Description
MicroStrategy Incorporated: 4 Reasons Why We Are Bullish!
MicroStrategy’s 2024 second-quarter earnings update provided a clear view of its evolving business strategy and financial health, emphasizing its dual approach of advancing its core software technology operations while aggressively investing in bitcoin. The company continues to balance these two strategies, with outcomes reflecting both progress and challenges. During the quarter, MicroStrategy’s bitcoin holdings grew significantly, now totaling 226,500 bitcoins valued at approximately $15 billion. This increase, marked by the acquisition of 12,222 bitcoins, underscores the company’s commitment to enhancing its financial position through strategic bitcoin investments, particularly as market valuations rise. The strategy is a central pillar of MicroStrategy’s financial approach, reflecting its belief in the long-term value of bitcoin.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures
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