15 Hot Tech Stocks to Buy Right Now

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3. MicroStrategy Inc. (NASDAQ:MSTR

Upside Potential: 58%

Number of Hedge Funds: 25

MicroStrategy Inc. (NASDAQ:MSTR) is a business intelligence (BI) company that provides software and services for data analytics and visualization. The company’s enterprise analytics platform, MicroStrategy ONE, enables organizations to analyze vast amounts of data and derive actionable insights. Additionally, the company considers itself the world’s first bitcoin treasury company, using cash flows from its BI operating business as well as proceeds from equity and debt financings to accumulate bitcoins, which serves as its primary treasury reserve asset.

MicroStrategy Inc. (NASDAQ:MSTR)’s strategy is to buy and hold bitcoins indefinitely. Its investment in bitcoin has made it an attractive option for investors seeking exposure to digital assets. The company’s strategy of holding bitcoins as a primary treasury reserve asset aims to mitigate inflation risks and enhance shareholder value over the coming years. The company acquired 218,887 bitcoins for $20.5 billion in Q4 2024, and by the end of the December 2024 quarter, it held approximately 447,470 bitcoins with a market value of $46 billion (as of February 5, 2025).

Notably, on February 5, 2025, MicroStrategy Inc. (NASDAQ:MSTR) announced its rebranding and will henceforth do business under the name ‘Strategy’. Along with the rebranding, the company announced its Q4 2024 earnings, reporting a 3% year-over-year (YoY) increase in quarterly revenue. The company has been transitioning towards a subscription revenue model, showing strong (48% YoY) growth in subscription services revenue and a faster decline in license revenue (-18%). However, the primary focus remains on its Bitcoin strategy.

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