MicroStrategy’s second quarter saw headline results that exceeded Wall Street’s expectations, yet the market responded negatively. Management attributed the quarter’s performance primarily to two factors: a significant rise in the price of Bitcoin, which benefited from broader institutional adoption and government support, and the adoption of new fair value accounting for digital assets. CFO Andrew Kang highlighted that the company’s ongoing issuance of Bitcoin-backed credit instruments and continued accumulation of unencumbered Bitcoin holdings were key contributors to growth, emphasizing the company’s role as a leader in the Bitcoin Treasury space.
Is now the time to buy MSTR?
Find out in our full research report (it’s free).
While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention.
In the coming quarters, the StockStory team will be monitoring (1) the pace at which MicroStrategy transitions its capital structure from convertible debt to perpetual preferreds, (2) the market’s acceptance and seasoning of new products such as STRC and Stretch, and (3) the evolution of Bitcoin’s price and volatility, which will directly impact reported earnings and capital-raising ability. Execution on investor education and regulatory clarity will also serve as important milestones.
MicroStrategy currently trades at $395.71, down from $401.72 just before the earnings. In the wake of this quarter, is it a buy or sell?
The answer lies in our full research report (it’s free)
.
When Trump unveiled his aggressive tariff plan in April 2025, markets tanked as investors feared a full-blown trade war. But those who panicked and sold missed the subsequent rebound that’s already erased most losses.
Don’t let fear keep you from great opportunities and take a look at
Top 9 Market-Beating Stocks
. This is a curated list of our
High Quality
stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025).
Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return).
Find your next big winner with StockStory today
.
StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI?
See the open roles here.
