What changed
$MSTR — BUY 📊 | 6 MONTHS THESIS
🎯 Q2 2026 | EPS $10.70 vs $10.70 ➖
💡 Consensus is overly focused on the EPS miss and dilution fears, but misses the accretive nature of recent BTC purchases and the upcoming Bitcoin bull run, which will drive asset value per share higher despite share issuance.
📉 Reward/risk: 2.14:1
🏢 Business Quality: 4/10 - Software business is negligible; core value is Bitcoin treasury strategy, which is capital-destructive in bear markets but highly accretive in bull markets, creating an asymmetric but risky business model.
📊 Valuation: rich - on current BTC holdings (~400k estimated), stock trades at ~3x NAV, which is at the high end of historical premiums; however, premium could...
🔮 Catalyst: Next Bitcoin price leg up to new highs (e.g., BTC >$90k)
💰 Entry: $112.53, stop $95, target $150
📊 Our read: BUY. Full analysis →
https://stockduty.xyz/s/MSTR0619