$MSTR


Key details from the presentation:

$14.0B in operating income,

$10.0B in net income,

$32.60 EPS,

$BTC price target set at $150K by the end of 2025,

BTC yield target raised to 30%.

Equity Issuance Policy Based on mNAV Multiples:

mNAV < 2.5x: No share issuance – positive for existing shareholders.

mNAV between 2.5x and 4.0x: Opportunistic share issuance if favorable.

mNAV > 4.0x: Active equity issuance to purchase more BTC.
NET-0.11%
BTC1.15%
MORE-0.33%
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