10 Worst Performing Crypto Stocks to Buy Now

4. MicroStrategy Incorporated (NASDAQ:MSTR)

Year-to-Date Performance: -0.11%

Number of Hedge Fund Holders: 44

MicroStrategy Incorporated (NASDAQ:MSTR), doing business as Strategy, is the world’s first and largest Bitcoin treasury company. The company is strategically focused on accumulating Bitcoin and supporting its role as digital capital. MicroStrategy Incorporated (NASDAQ:MSTR) also offers business intelligence, AI-powered enterprise analytics software, and cloud-based services. With Bitcoin as its primary treasury reserve asset, the company is a major corporate holder of Bitcoin. MSTR ranks among the worst-performing stocks to buy in the crypto space.

The company is strategically and intelligently leveraging Bitcoin to increase shareholder value. In October 2024, MicroStrategy Incorporated (NASDAQ:MSTR) announced its “21/21 Plan” to raise a total of $42 billion over the next three years. This strategic plan involves raising $21 billion in equity and $21 billion in fixed-income securities, which MicroStrategy Incorporated (NASDAQ:MSTR) will use to purchase more Bitcoin to achieve a higher BTC yield. By the end of 2024, the company had already completed $20 billion of its $42 billion capital plan, significantly ahead of the initial timelines. As a result, Q4 2024 marked the largest-ever increase in quarterly bitcoin holdings for MicroStrategy Incorporated (NASDAQ:MSTR). The company acquired 218,887 Bitcoins for $20.5 billion.