12 Trending AI Stocks on Latest News and Ratings

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9. MicroStrategy Incorporated (NASDAQ:MSTR)

Number of Hedge Fund Holders: 25

Strategy, formerly known as MicroStrategy Incorporated (NASDAQ:MSTR), offers AI-powered enterprise analytics software and services. It is the largest corporate holder of Bitcoin and the world’s first Bitcoin Treasury Company. On February 5, the company announced that it had changed its name to Strategy, reflecting on Bitcoin and AI as the two transformative technologies of the industry. Strategy will continue to trade under the ticker MSTR. The company reported financial results for the fourth quarter of its 2024 fiscal year on the same day. It reported a loss of $3.03 per share, compared to earnings of 50 cents last year. Revenue also declined 3% to $120.7 million. The consecutive quarterly loss stems from booking an impairment charge on its stockpile of the cryptocurrency. The company booked impairment losses from digital assets of $1.01 billion in the quarter, as compared with $39.2 million a year ago.

“Earlier today, we announced that we are now Strategy, a new name that powerfully and succinctly conveys the universal and global appeal of our company. Strategy is at the cutting edge of innovation, championing the two most transformative technologies of the 21st century: Bitcoin and AI. We have completed $20 billion of our $42 billion capital plan, significantly ahead of our initial timelines, while leading the digital transformation of capital in the financial markets. Looking ahead to the rest of 2025, we are well-positioned to further enhance shareholder value by leveraging the strong support from institutional and retail investors for our strategic plan”.

-Phong Le, President and Chief Executive Officer.

Strategy has been splurging on cryptocurrency and also announced plans to raise even more funding.

“The fourth quarter of 2024 marked our largest ever increase in quarterly bitcoin holdings, culminating in the acquisition of 218,887 bitcoins acquired for $20.5 billion, since the end of Q3. We carried this strong momentum forward into Q1, raising an additional $584 million through the launch and upsize of the inaugural STRK convertible preferred offering which was supported by both institutional and retail investors. 2025 will take our evolution further with the introduction of the BTC $ Gain KPI and when we adopt fair value accounting for our bitcoin holdings with our Q1 results, transforming our financial results and bringing more transparency to the value generation and profitability of our treasury operations”.

-Andrew Kang, Chief Financial Officer.

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