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MicroStrategy (NASDAQ:MSTR) 株価情報, 空売り情報

MicroStrategy

MicroStrategy Inc is a provider of enterprise analytics and mobility software. It offers MicroStrategy Analytics platform that delivers reports and dashboards and enables users to conduct ad hoc analysis and share insights through mobile devices or the Web; MicroStrategy Server, which provides analytical processing and job management. The company's reportable operating segment is engaged in the design, development, marketing, and sales of its software platform through licensing arrangements and cloud-based subscriptions and related services.

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世界最大の仮想通貨であるビットコイン（CRYPTO:BTC）が初めて10万ドルの大台を突破した。出来事：望まれていたこの大台をとうとう突破しました。

ビットコインが歴史的な10万ドルのマイルストーンを達成、マイケル・セイラーがパーティーの準備

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過去1週間でこれらの10本の大型株は最も良いパフォーマンスを発揮しました。投資ポートフォリオには含まれていますか？Rivian Automotive, Inc. (NASDAQ:RIVN)の株は、同社が生産を単純化し、コストを削減し、フォルクスワーゲンとの 合弁事業を発表したという報告書に続き、先週30.04％急騰しました。

過去1週間の大型株を特集　米国市場での存在感は

MicroStrategy Incorporated - Class A Common Stock

MicroStrategy Inc

<a href="https://in.benzinga.com/news/global/25/02/43483622/bukeles-big-house-el-salvador-offers-us-a-prison-deal-like-no-other-musk-says-great-idea">El Salvador's President Nayib Bukele</a> met with MicroStrategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) co-founder Michael Saylor on Thursday at the country's presidential palace, according to the country&#8217;s National Bitcoin Office.
What Happened: While the specifics of their discussion remain undisclosed, the meeting brought together two of Bitcoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) most outspoken supporters at a time when El Salvador is adjusting its cryptocurrency policies.
Bukele <a href="https://x.com/nayibbukele/status/1890121069941707068">shared</a> a photo of the dinner on social media, and the National Bitcoin Office later released additional images.
Saylor also tweeted photos of the encounter, <a href="https://x.com/saylor/status/1890397311504638075">saying</a> the discussion focused on El Salvador benefiting from and accelerating &#8220;global Bitcoin adoption.&#8221;
Around the same time, El Salvador added one Bitcoin to its reserves, bringing its total holdings to 6,077 BTC, valued at approximately $590 million, according to Arkham Intelligence data. 
The country continues to purchase Bitcoin through a strategy of daily dollar-cost averaging.
Saylor's company, MicroStrategy, has also been steadily expanding its Bitcoin portfolio over the last few months. 
The firm recently acquired 7,633 BTC, pushing its total Bitcoin reserves to 478,740 BTC, <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43535901/strategy-ex-microstrategy-with-bullish-outlook-but-challenges-remain-report">worth an estimated $46 billion.</a>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43735243/bad-trump-to-good-trump-means-bitcoin-could-go-to-102500-standard-chartered-says">&#8216;Bad Trump To Good Trump&#8217; Means Bitcoin Could Go To $102,500, Standard Chartered Says</a>
Why It Matters: The meeting occurred against the backdrop of regulatory changes in El Salvador's Bitcoin policy.
Although the country made Bitcoin legal tender in 2021, recent amendments to its Bitcoin law were introduced to align with conditions set by the International Monetary Fund for a $1.4 billion loan agreement. 
These amendments prevent Bitcoin from being used for tax payments and government fees and restrict the government's ability to directly manage BTC holdings. 
Additionally, changes to Article 8 remove the state's obligation to facilitate Bitcoin transactions, which could impact the future use of Chivo, the government-backed cryptocurrency wallet.
The International Monetary Fund has been a consistent critic of El Salvador's Bitcoin strategy, warning that its widespread adoption could pose risks to financial stability. 
As part of the loan agreement, the country is expected to scale back aspects of its Bitcoin program, raising speculation about how its policies will evolve in the coming years.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43731983/gamestop-buying-bitcoin-is-a-hail-mary-from-a-company-with-no-viable-business-plan-peter-schiff">GameStop Buying Bitcoin Is A &#8216;Hail Mary&#8217; From A Company With &#8216;No Viable Business Plan&#8217;: Peter Schiff</a></li>
</ul>
Image: Shutterstock

El Salvador's Bitcoin President Nayib Bukele Meets Michael Saylor To 'Accelerate Adoption'

GameStop Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) shares are trading higher on Friday following a report suggesting that the company is considering investing in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) along <a href="https://www.benzinga.com//node/43727179">with other cryptocurrencies</a>.
The Details: According to <a href="https://www.cnbc.com/2025/02/13/gamestop-is-considering-investing-in-bitcoin-and-other-cryptocurrencies-sources-say.html">CNBC</a>, citing sources familiar with the matter, the company is struggling to decide if the investment in cryptocurrencies makes sense. The stock surged as much as 20% in after-hours trading on Thursday after the news broke.
GameStop previously launched crypto wallets which let users manage their crypto and nonfungible tokens, but the company shut down the service in 2023 due to &#8220;regulatory uncertainty.&#8221;
To keep the business profitable despite a lack of growth, CEO Ryan Cohen has prioritized reducing expenses and optimizing operations. In a November 2 filing, the company reported having $4.6 billion in cash, which it has been using for investments and could use for a potential cryptocurrency investment.
In December 2023, GameStop revised its policies to give the CEO, two independent board members and necessary staff control over the company&#8217;s securities investments. Under the new policy, investments must adhere to specific guidelines or receive approval through a unanimous committee vote or a majority vote from the full board.
GameStop is not the first company to consider investing in cryptocurrencies. MicroStrategy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) has bought billions of dollars worth of Bitcoin and is currently the largest corporate holder of the cryptocurrency.
Related Link:<a href="https://www.benzinga.com/25/02/43730446/jfrog-analysts-increase-their-forecasts-after-better-than-expected-earnings"> JFrog Analysts Increase Their Forecasts After Better-Than-Expected Earnings</a>
GME Price Action: At the time of writing, GameStop shares are trading 5.58% higher at $27.81, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: via Shutterstock

What's Going On With GameStop Shares Friday?

Even as GameStop's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) <a href="https://www.benzinga.com/25/02/43727179/gamestop-stock-surges-over-8-in-pre-market-trading-on-friday-on-reports-of-cryptocurrency-investments">stock surged on reports</a> that the company is considering investing in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), economist Peter Schiff sees the move as a desperate attempt to stay relevant.
What Happened: Schiff, a long-time Bitcoin critic, <a href="https://x.com/PeterSchiff/status/1890166114677895302">said</a> on Thursday on X that while GameStop has no viable business model, the irony is that Bitcoin itself is even more overpriced than the video game retailer's stock.
GameStop, which has struggled to maintain consistent profitability, saw its shares rise 8.6% in pre-market trading Friday after reports surfaced that the company is exploring Bitcoin and other cryptocurrency investments. 
CNBC reported that GameStop is still evaluating whether such a move aligns with its business strategy, and no final decision has been made. 
Despite the uncertainty, the stock jumped as much as 20% in extended trading as speculators reacted to the news.
The potential shift into crypto comes after years of speculation that the company might integrate digital assets into its strategy. 
In 2022, GameStop launched a crypto wallet for handling cryptocurrencies and NFTs, but the service was discontinued in 2023 due to regulatory concerns. 
Under CEO Ryan Cohen, the company has focused on cost-cutting and optimizing operations to maintain stability. 
According to a December securities filing, GameStop had $4.6 billion in cash reserves as of Nov. 2, funds that Cohen has been leveraging for investments.
Schiff likened GameStop's possible crypto investment to a &#8220;Hail Mary&#8221; play, comparing it to MicroStrategy&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NYSE">MSTR</a>) aggressive Bitcoin strategy led by Michael Saylor. 
According to Schiff, GameStop is a company with &#8220;no viable business plan.&#8221;
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43702814/bitcoin-mining-equipment-seized-at-us-ports-nationwide-report">Bitcoin Mining Equipment Seized At US Ports Nationwide: Report</a>
Why It Matters: While some investors see Bitcoin as a way to hedge against inflation and diversify corporate balance sheets, Schiff dismissed the move as irrational speculation.
Adding to his critique, Schiff used the moment to advocate for silver, calling it &#8220;the new Bitcoin, except with real value.&#8221; 
He <a href="https://x.com/PeterSchiff/status/1890360750117449965">noted</a> that silver had climbed above $33.38, its highest price since October, and urged investors to buy before prices rise further.
GameStop's potential Bitcoin investment remains uncertain, but the stock's volatility highlights the continued influence of crypto speculation on financial markets. 
Whether the company follows through or not, the market reaction signifies how digital assets continue to shape corporate investment strategies.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43699338/opensea-launches-os2-platform-with-token-trading-and-sea-community-token">OpenSea Launches OS2 Platform With Token Trading And $SEA Community Token</a></li>
</ul>
Image: Shutterstock

GameStop Buying Bitcoin Is A 'Hail Mary' From A Company With 'No Viable Business Plan': Peter Schiff

GameStop Corp.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>), the renowned video game retailer is trading 8.6% higher in Friday pre-market amid reports of investments in bitcoin and other cryptocurrencies.
What Happened: GameStop is exploring the possibility of diversifying its investments into alternative asset classes, such as cryptocurrencies, with a particular focus on bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>),<a href="https://www.benzinga.com/general/gaming/25/02/43715293/gamestop-stock-jumps-on-report-its-considering-bitcoin-crypto-investments"> indicated a CNBC report. </a>This news triggered a surge in GameStop&#8217;s shares, which skyrocketed by up to 20% in extended trading.
However, the company may decide against proceeding with these investments as it is still assessing whether such a move aligns with its business strategy, as revealed by an insider.
It&#8217;s noteworthy that GameStop had previously launched crypto wallets in 2022, enabling users to&nbsp;handle their crypto and nonfungible&nbsp;tokens. However, this service was discontinued in 2023 due to &#8220;regulatory uncertainty,&#8221; 
Under the leadership of CEO Ryan Cohen, GameStop has&nbsp;been focusing on cost-cutting&nbsp;and optimizing operations to maintain profitability, even without growth. According to a securities filing in December, the company had a cash reserve of $4.6 billion as of Nov 2, which it has been leveraging for investments.
SEE ALSO: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43723477/billionaire-peter-theil-backed-crypto-startup-plasma-raises-20m-to-develop-bitcoin-based-stablecoin-network">Billionaire Peter Thiel-Backed Crypto Startup Plasma Raises $20M To Develop Bitcoin-Based Stablecoin Network</a>
Why It Matters: GameStop&#8217;s potential move into Bitcoin and other cryptocurrencies has been a topic of speculation for years. The company had previously amended its rules on its cash balance to give CEO Cohen control over trading the company&#8217;s cash balance into stocks and cryptocurrencies.
The rumors gained momentum when Cohen posted a photo with the Co-Founder and former CEO of MicroStrategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) Michael Saylor, a vocal proponent of adding Bitcoin to corporate balance sheets.
This potential move into the crypto space has been viewed by some, such as economist Peter Schiff, as a desperate attempt to gain relevance, <a href="https://www.benzinga.com/25/02/43719682/peter-schiff-says-gamestop-has-thrown-a-hail-mary-by-considering-bitcoin-investments-draws-parallels-with-michael-saylors-strategy">likening it to a &#8220;Hail Mary&#8221; pass</a>. Regardless, if GameStop does decide to proceed with this move, it would be joining a growing list of public companies diversifying into the crypto sector.
READ MORE: <a href="https://www.benzinga.com/general/market-summary/25/02/43688600/exclusive-michael-saylors-mstr-linked-etfs-are-not-for-long-term-investors-say-crypto-experts-they-also-double-the-potential-loss">[Exclusive] Michael Saylor&#8217;s MSTR-Linked ETFs Are &#8216;Not For Long-Term Investors&#8217; Say Crypto Experts: &#8216;…They Also Double The Potential Loss&#8217;</a>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tech

GameStop Stock Surges Over 8% In Friday Pre-Market: What's Going On?

Renowned economist Peter Schiff criticized video game retailer GameStop Corp.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) potential move to invest in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) on Thursday, likening it to a desperate attempt to gain relevance.
What Happened: Schiff said the company, which he believed lacked a &#8220;viable&#8221; business plan, had &#8220;thrown another Hail Mary&#8221; by considering adding Bitcoin to its reserves.
&#8220;The&nbsp;irony is that Bitcoin is&nbsp;even more overpriced than GME,&#8221; Schiff&#8217;s X post read. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">GameStop, a company with no viable business plan, has thrown another Hail Mary by announcing that it might use its cash to buy Bitcoin. The irony is that Bitcoin is even more overpriced than GME. No matter; speculators are buying the stock anyway, hoping it becomes another MSTR.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1890166114677895302?ref_src=twsrc%5Etfw">February 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
He compared GameStop&#8217;s plans to Michael Saylor&#8217;s Bitcoin Treasury company Strategy, which has <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43596456/strategy-acquires-7633-bitcoin-for-742-4-million-boosts-holdings-to-478740-btc">spearheaded corporate Bitcoin adoption</a> in the last few months. &#8220;No matter; speculators are buying the stock anyway, hoping it becomes another MSTR.&#8221;
Schiff has been a vocal critic of MicroStrategy and called it a<a href="https://www.benzinga.com/24/11/42237876/peter-schiff-predicts-microstrategys-bankruptcy-due-to-bitcoin-investment-strategy"> &#8220;great short&#8221;</a> previously. 
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43682382/robinhood-ceo-vlad-tenev-reveals-what-hes-most-excited-about-as-crypto-revenue-skyrockets-8x-stock-surges-15-after-hours">Robinhood CEO Vlad Tenev Reveals What He&#8217;s &#8216;Most Excited&#8217; About As Crypto Revenue Skyrockets 8X, Stock Surges 15% After Hours</a>
Why It Matters: Schiff&#8217;s comments come <a href="https://www.benzinga.com/general/gaming/25/02/43715293/gamestop-stock-jumps-on-report-its-considering-bitcoin-crypto-investments">in the wake of reports</a> that&nbsp;GameStop is mulling adding Bitcoin and other cryptocurrencies to its reserves. The company recently changed its rules on its cash balance, giving CEO Ryan Cohen control over trading the company&#8217;s cash balance into stocks and cryptocurrencies.
The speculations were boosted when <a href="https://www.benzinga.com/trading-ideas/movers/25/02/43614269/gamestop-themed-crypto-rallies-50-after-ryan-cohen-posts-intriguing-photo-with-bitcoin-bull-michael-saylor">Cohen shared a photo with Saylor</a>—an outspoken advocate of including Bitcoin on the balance sheets of companies.
GameStop reported <a href="https://www.benzinga.com/general/gaming/24/12/42425015/gamestop-q3-earnings-revenue-miss-4b-cash-no-more-offerings-planned-in-fiscal-year">a decline in its</a> hardware, software, and collectibles sales revenue in the third quarter.
Price Action: Shares of GameStop soared 7.46% in after-hours trading, after closing 1.35% higher at $26.34 during Thursday&#8217;s trading session, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.&nbsp;
Moreover, meme coins themed on the company rallied in the last 24 hours. BNB Chain (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/bnb/usd">BNB</a>)-based GameStop Coin (GME) was up 440%, while another Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)-based coin ripped 21%. 
It&#8217;s worth noting that these coins aren't directly tied to GameStop but rather seek to capitalize on the hype surrounding the meme stock.
Image via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43674050/us-releases-russian-bitcoin-exchange-co-founder-alexander-vinnik-in-prisoner-deal-with-moscow">US Releases Russian Bitcoin Exchange Co-Founder Alexander Vinnik In Prisoner Deal With Moscow</a></li>
</ul>

$BNB

$ETH

Gamestop's Potential Bitcoin Move A 'Hail Mary,' Says Peter Schiff —Crypto Themed On Company Rips 440%

GameStop Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) is reportedly considering adding Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and other cryptocurrencies to its balance sheet, a move that would follow several other public companies <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42196217/will-gamestop-amc-follow-microstrategy-rumble-into-bitcoin">into the sector.</a>
What Happened: Speculation that GameStop has considered buying Bitcoin and other cryptocurrencies has risen in recent years. The company changed its rules on its cash balance to give CEO Ryan Cohen control over<a href="https://www.benzinga.com/analyst-ratings/analyst-color/23/12/36142175/meme-king-ryan-cohen-now-able-to-trade-stocks-with-gamestop-funds"> trading the company's cash balance</a> into stocks and cryptocurrencies.
While Cohen has not made a move yet, the company's cash balance has grown. Cohen recently transferred his stake in the company from an LLC to <a href="https://www.benzinga.com/general/gaming/25/01/43342224/ryan-cohen-moves-gamestop-shares-to-personal-name-sparking-speculation-on-next-steps">his personal name</a>, prompting further speculation that a move by the company could be coming.
Sources say GameStop is considering investing in Bitcoin and other cryptocurrencies, <a href="https://www.cnbc.com/2025/02/13/gamestop-is-considering-investing-in-bitcoin-and-other-cryptocurrencies-sources-say.html#:~:text=GameStop%20is%20exploring%20investments%20in,follow%20through%20with%20the%20investments">according </a>to a CNBC report. There is no guarantee that GameStop will invest in cryptocurrency, but this marks one of the strongest indications yet that the company has considered such a move.
Read Also: <a href="https://www.benzinga.com/general/gaming/24/12/42425015/gamestop-q3-earnings-revenue-miss-4b-cash-no-more-offerings-planned-in-fiscal-year">GameStop Q3 Earnings: Revenue Miss, $4B+ Cash, No More Offerings Planned In Fiscal Year</a>
 Why It's Important: GameStop previously launched crypto wallets and a non-fungible token trading platform before shutting down the service in 2023 due to "regulatory uncertainty."
Cohen recently <a href="https://www.benzinga.com/trading-ideas/movers/25/02/43605313/gamestop-stock-is-surging-monday-whats-going-on">posted a photo </a>with MicroStrategy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) co-founder and chairman Michael Saylor on X recently, prompting further speculation that a crypto move could be coming. MicroStrategy, which is changing its name to Strategy, is the largest corporate holder of Bitcoin.
Sources say Saylor is not involved in GameStop's potential move into cryptocurrency investments. Saylor has previously offered to help companies purchase Bitcoin and recently presented to the Microsoft Board of Directors a shareholder proposal to buy Bitcoin.
Price Action: GameStop stock is up 9.7% to $28.90 in after-hours trading Thursday.
Bitcoin trades at $96,537.04 at the time of writing.
GME Coin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">GME</a>), which is not affiliated with the company, is up 27% to $0.002403 on Thursday, spiking on the report.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/gaming/25/01/42924593/gamestop-pr-blitz-incoming-heres-what-public-relations-job-opening-says">GameStop PR Blitz Incoming? Here&#8217;s What Public Relations Job Opening Says</a></li>
</ul>
Photo: Shutterstock

Gaming

$GME

GameStop Stock Jumps On Report It's Considering Bitcoin, Crypto Investments

As a company that has effectively transitioned into a proxy wager for the cryptocurrency market, MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) must take the good with the bad. On the positive side of the spectrum, the returns of MSTR stock during its <a href="https://www.benzinga.com/topic/microstrategy">decisively bullish cycles</a> are nothing short of extraordinary. However, on the negative side, MSTR tends to be incredibly volatile — hardly surprising given that it acts like a crypto alternative.
Largely coinciding with the digital asset ecosystem, MicroStrategy saw its equity value peak late last year. Since then, broader economic, social and geopolitical concerns have weighed on investor sentiment. At the moment, <a href="https://www.benzinga.com/news/global/25/02/43618203/gold-nears-3000-but-miners-struggle-as-rising-costs-squeeze-profits">gold bullion</a> — the traditional safe-haven asset — has been the category to watch. Still, with <a href="https://www.benzinga.com/trading-ideas/movers/25/02/43681236/bitcoin-ethereum-dogecoin-spike-amid-hotter-than-expected-inflation-numbers-eths-decisive-move-above-3000-could-restore-confidence-says-analyst">inflation coming in hotter than expected</a>, several leading cryptos enjoyed a sizable pop recently.
While precious metals tend to attract buying demand during inflationary periods, it's not at all shocking to see blockchain assets absorb some of the safe-haven market share. As data from Bank of America Private Bank revealed last year, millennial investors who have at least $3 million are <a href="https://www.benzinga.com/startups/24/10/41232614/young-millionaires-are-betting-17-of-their-portfolios-on-crypto-and-theyre-the-conservative-ones">piling aggressively into cryptos</a>.
As the asset of choice among young people, MicroStrategy stands on solid ground. Interestingly, amid the optimistic fundamental backdrop, MSTR stock appears to be charting a buy signal. Specifically, a triangular shape has formed, reminiscent of a <a href="https://www.benzinga.com/money/stock-chart-patterns">bullish pennant formation</a>.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="582" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13054717/MSTR-stock-bullish-pennant-1024x582.jpg" alt="" class="wp-image-780691" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13054717/MSTR-stock-bullish-pennant-1024x582.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13054717/MSTR-stock-bullish-pennant-300x170.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13054717/MSTR-stock-bullish-pennant-768x436.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13054717/MSTR-stock-bullish-pennant.jpg 1051w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Image by TradingView</figcaption></figure>
Granted, standard technical analysis is interpretive, which naturally generates skepticism. However, the empirical framework also supports the bullish angle, making MSTR stock a tempting (albeit high-risk) proposition.
<h2 class="wp-block-heading">Playing MSTR Stock by the Numbers</h2>
One of the benefits of investing in a relatively saccharine investment like the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) is that investors can bank on the <a href="https://www.benzinga.com/trading-ideas/24/06/39164841/june-historically-a-weak-month-for-stocks-with-negative-average-returns-over-last-20-years">upward bias</a> of the benchmark equities index. What may catch some folks off guard is that MSTR stock likewise leans northward, at least when considering the parameters of the trailing five years.
From a stochastic or temporal view of the data, a position in MSTR entered at the beginning of the week has about a 53.2% chance of rising by the end of it. Over the course of a four-week period, the long odds actually inch forward at 53.82%. Place enough bets and theoretically, speculators should noticeably win more than they lose.
Circumstances get even more intriguing when considering dynamic probabilities — probabilities based on certain conditions being true. The best way to think about this is the difference between a baseball player's batting average over a season (stochastic) versus that player's batting average when runners are in scoring position (dynamic).
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13055610/MSTR-stock-probability-gambit-1024x576.jpg" alt="" class="wp-image-780710" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13055610/MSTR-stock-probability-gambit-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13055610/MSTR-stock-probability-gambit-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13055610/MSTR-stock-probability-gambit-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13055610/MSTR-stock-probability-gambit.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Image by author</figcaption></figure>
For example, last week, MSTR stock gained roughly 5.7%. Whenever MSTR gains between 5% and 10% in a one-week period, the subsequent week enjoys long odds of 64.71%. This metric improves to 67.7% through the end of the third week and ultimately slips to 58.82% by the end of the fourth week. Still, the evidence seems clear: modest (at least for MSTR stock) strength fuels FOMO or the fear of missing out.
Recall that FOMO is a powerful emotion. Earlier, I identified Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) as a <a href="https://www.benzinga.com/25/02/43543843/cathie-wood-sells-pltr-stock-ignores-fomo-fuel">FOMO stock</a>, despite already enjoying remarkable upside. As of this writing, PLTR continues to march higher. I also <a href="https://www.benzinga.com/news/earnings/25/02/43638984/hood-stock-unusual-options-activity-q4-earnings">said the same thing</a> about Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) before its big earnings blowout.
Also Read: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/02/43708938/5-robinhood-analysts-react-to-blowout-q4-earnings-can-the-tremendous-momentum-continue">5 Robinhood Analysts React To &#8216;Blowout&#8217; Q4 Earnings: Can The &#8216;Tremendous Momentum&#8217; Continue?</a>
<h2 class="wp-block-heading">A Risky but Rare Opportunity</h2>
 From a holistic perspective, MSTR stock — while being wildly risky on account of being a crypto proxy — is simultaneously enticing. It's a rare opportunity, combining compelling fundamental, technical and statistical catalysts. While a volatility play could be prudent, the evidence seems to lean heavily toward the northbound direction.
The magnitude of bullishness, though, is the question. Under the previously calculated dynamic odds, over a four-week period, the median return under the positive scenario stands at an astounding 32%. Under the negative scenario, the median loss sits at 11.5%.
Based on the implications of the bullish pennant formation, it's not impossible to see a 30%-plus breakout move. However, arguably most investors might find that to be too much of a stretch. On the other hand, a 10% move within a few weeks should be quite reasonable.
One idea to consider, then, is the 355/360 <a href="https://www.benzinga.com/money/bull-spread">bull call spread</a> for the options chain expiring March 7. This transaction involves buying the $355 call and simultaneously selling the $360 call. Speculators are aiming for MSTR stock to reach $360 or above, triggering the maximum reward.
To be clear, a bull spread caps the risk and the reward. However, one of the benefits of this multi-leg options strategy is that the sale of the short call helps offset the debit paid for the long call, effectively discounting the net bullish position.
Plus, with a debit paid at time of writing of $210 (which is the most that can be lost in the trade) for the chance to earn $290, the positional risk is manageable. More importantly, the data implies that the probabilistic risk is more reasonable than meets the eye.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43583287/michael-saylor-declares-death-to-blue-lines-long-live-green-dots-is-strategys-btc-purchase-streak-about-to-resume">Michael Saylor Declares &#8216;Death To Blue Lines, Long Live Green Dots:&#8217; Is Strategy&#8217;s BTC Purchase Streak About To Resume?</a></li>
</ul>
Photo: Shutterstock

Long Ideas

Options

HOOD

PLTR

Options Corner: Crypto Proxy MicroStrategy Could Be Flashing Buy Signal

Investors love dividend stocks, and it's easy to see why. They provide a reliable income stream while offering the potential for capital appreciation. Some investors focus on total returns, while others prioritize passive income, or even a mix of both. For those looking for a hassle-free approach, <a href="https://www.benzinga.com/etfs">dividend-focused ETFs</a> are an excellent choice.
ETFs yielding dividends simplify the process by offering instant diversification, typically at a lower cost than actively managed funds. They are easy to buy and sell, and many are managed by well-known asset managers. If you're looking to test some dividend-generating stocks but can&#8217;t decide which one to invest in, here are five high-yield ETFs that are gaining investor interest—some of them ranking among the most searched names on Benzinga.
Also Read: <a href="https://www.benzinga.com/top-stories/25/02/43433458/yieldmax-rolls-out-new-etf-for-investors-to-tap-into-carvanas-rally-and-generate-income">YieldMax Rolls Out New ETF For Investors To Tap Into Carvana&#8217;s Rally And Generate Income</a>
<ul>
<li>The YieldMax Ultra Option Income Strategy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ULTY#NYSE">ULTY</a>) is designed to maximize yield by implementing an options-based income strategy. This ETF invests in a diversified set of options contracts, aiming to generate high monthly income while managing risk exposure. It's an attractive pick for income-focused investors looking for steady payouts. The Distribution Rate, which represents the projected annual return based on the latest declared distribution, including option income and dividends, is 85.01%. The net expense ratio is 1.14%.</li>
</ul>
<ul>
<li>The YieldMax MSTR Option Income Strategy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSTY#NYSE">MSTY</a>) provides exposure to MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) while implementing an options strategy to boost income. Given MicroStrategy's increasing involvement in Bitcoin holdings, this ETF is popular among investors seeking crypto-adjacent income opportunities. The ETF has a distribution rate of 98.03%, and an expense ratio of 0.99%.</li>
</ul>
<ul>
<li>The YieldMax Universe Fund of Option Income ETFs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YMAX#NYSE">YMAX</a>) is a fund-of-funds that invests in a portfolio of high-yielding option income ETFs. This means investors get access to multiple high-income strategies in a single fund. Its distribution rate is 47.11% and it carries an expense ratio of 1.28%.</li>
</ul>
<ul>
<li>The YieldMax NVDA Option Income Strategy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVDY#NYSE">NVDY</a>) is tailor-made for investors who want exposure to Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) while generating additional income through options. Nvidia has been a buzzing stock among tech investors, and this ETF allows them to benefit from both the company's growth potential and option-generated yield. The ETF has a distribution rate of 52.44% and carries an expense ratio of 1.01%.</li>
</ul>
For those who are bullish on Bitcoin but also want steady income, the YieldMax Bitcoin Option Income Strategy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YBIT#NYSE">YBIT</a>) is an interesting choice. It uses options to generate yield while maintaining exposure to Bitcoin's price movements, making it an intriguing pick for crypto-savvy income investors. The distribution rate is 84.66% and the expense ratio is 0.99%.
Dividend ETFs provide an easy and cost-effective way to generate passive income while diversifying across multiple stocks or assets. The YieldMax family of ETFs, in particular, has captured significant attention due to their innovative options-based income strategies. With the growing popularity of dividend ETFs, these high-yield options are definitely worth keeping an eye on.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/etfs/new-etfs/25/02/43703434/new-leveraged-etfs-let-traders-bet-big-on-dell-intel-qualcomm">New Leveraged ETFs Let Traders Bet Big On Dell, Intel, Qualcomm</a></li>
</ul>
Photo: Shutterstock

Specialty ETFs

ETFs

Tidal Trust II YieldMax MSTR Option Income Strategy ETF

MSTY

NVDA

NVDY

ULTY

YBIT

YMAX

5 High-Yield Dividend ETFs By YieldMax That Investors Are Talking About

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$240.00</td>
<td>$207.0K</td>
<td>35.2K</td>
<td>29.6K</td>
</tr>
<tr>
<td>SMCI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/14/25</td>
<td>$42.00</td>
<td>$94.1K</td>
<td>3.8K</td>
<td>7.7K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$20.00</td>
<td>$25.2K</td>
<td>15.1K</td>
<td>5.8K</td>
</tr>
<tr>
<td>APP</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/14/25</td>
<td>$450.00</td>
<td>$86.0K</td>
<td>2</td>
<td>5.7K</td>
</tr>
<tr>
<td>MARA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/17/27</td>
<td>$5.00</td>
<td>$41.8K</td>
<td>4.7K</td>
<td>3.7K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/14/25</td>
<td>$322.50</td>
<td>$100.0K</td>
<td>241</td>
<td>2.6K</td>
</tr>
<tr>
<td>ARM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$175.00</td>
<td>$43.4K</td>
<td>408</td>
<td>1.2K</td>
</tr>
<tr>
<td>DDOG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$175.00</td>
<td>$190.5K</td>
<td>1.8K</td>
<td>1.1K</td>
</tr>
<tr>
<td>PLTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>02/21/25</td>
<td>$118.00</td>
<td>$27.0K</td>
<td>929</td>
<td>1.1K</td>
</tr>
<tr>
<td>SOUN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/14/25</td>
<td>$13.50</td>
<td>$27.6K</td>
<td>899</td>
<td>958</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option trade that happens to be bearish, expiring in 8 day(s) on February 21, 2025. This event was a transfer of 600 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $207.0K, with a price of $345.0 per contract. There were 35226 open contracts at this strike prior to today, and today 29683 contract(s) were bought and sold. 
• For SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we notice a put option sweep that happens to be bearish, expiring in 1 day(s) on February 14, 2025. This event was a transfer of 1000 contract(s) at a $42.00 strike. This particular put needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $94.1K, with a price of $95.0 per contract. There were 3848 open contracts at this strike prior to today, and today 7764 contract(s) were bought and sold. 
• Regarding INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we observe a call option sweep with bearish sentiment. It expires in 63 day(s) on April 17, 2025. Parties traded 50 contract(s) at a $20.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $25.2K, with a price of $506.0 per contract. There were 15170 open contracts at this strike prior to today, and today 5800 contract(s) were bought and sold. 
• For APP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>), we notice a put option sweep that happens to be bearish, expiring in 1 day(s) on February 14, 2025. This event was a transfer of 200 contract(s) at a $450.00 strike. This particular put needed to be split into 46 different trades to become filled. The total cost received by the writing party (or parties) was $86.0K, with a price of $430.0 per contract. There were 2 open contracts at this strike prior to today, and today 5799 contract(s) were bought and sold. 
• Regarding MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we observe a put option trade with bullish sentiment. It expires in 854 day(s) on June 17, 2027. Parties traded 310 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $41.8K, with a price of $135.0 per contract. There were 4750 open contracts at this strike prior to today, and today 3767 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a call option trade with bearish sentiment. It expires in 1 day(s) on February 14, 2025. Parties traded 200 contract(s) at a $322.50 strike. The total cost received by the writing party (or parties) was $100.0K, with a price of $500.0 per contract. There were 241 open contracts at this strike prior to today, and today 2668 contract(s) were bought and sold. 
• For ARM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>), we notice a call option sweep that happens to be bullish, expiring in 92 day(s) on May 16, 2025. This event was a transfer of 42 contract(s) at a $175.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $43.4K, with a price of $1035.0 per contract. There were 408 open contracts at this strike prior to today, and today 1282 contract(s) were bought and sold. 
• For DDOG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>), we notice a call option trade that happens to be bullish, expiring in 127 day(s) on June 20, 2025. This event was a transfer of 866 contract(s) at a $175.00 strike. The total cost received by the writing party (or parties) was $190.5K, with a price of $220.0 per contract. There were 1800 open contracts at this strike prior to today, and today 1170 contract(s) were bought and sold. 
• For PLTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), we notice a put option sweep that happens to be neutral, expiring in 8 day(s) on February 21, 2025. This event was a transfer of 60 contract(s) at a $118.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $27.0K, with a price of $450.0 per contract. There were 929 open contracts at this strike prior to today, and today 1116 contract(s) were bought and sold. 
• For SOUN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>), we notice a call option trade that happens to be bearish, expiring in 1 day(s) on February 14, 2025. This event was a transfer of 200 contract(s) at a $13.50 strike. The total cost received by the writing party (or parties) was $27.6K, with a price of $138.0 per contract. There were 899 open contracts at this strike prior to today, and today 958 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AAPL

DDOG

INTC

MARA

SMCI

SOUN

10 Information Technology Stocks Whale Activity In Today's Session

Cryptocurrency experts have warned against the use of double-leveraged Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) exchange-traded funds, emphasizing that these are designed for short-term trading strategies due to their daily rebalancing and inherent volatility. While the long-term investors risk significant losses.
What Happened: The double-leveraged ETFs tracking Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), formerly MicroStrategy, have raised concerns among cryptocurrency experts. The firm now known as just &#8216;Strategy&#8217; is a Michael Saylor-led company heavily invested in Bitcoin.
While these ETFs, like T-Rex 2X Long MSTR Daily Target ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/MSTU#BATS">MSTU</a>) launched in September, and Defiance Daily Target 2x Long MSTR ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTX#NASDAQ">MSTX</a>) launched in August, promise amplified daily returns, experts warn they are unsuitable for long-term investment strategies.
&#8220;Leveraged ETFs such as MSTU and MSTX offer multiples of the daily performance of the underlying stock, MicroStrategy Inc,&#8221; Srinivas L, MD &amp; CEO of 9Point Capital, told <a href="https://pro.benzinga.com/dashboard">Benzinga</a>.
&#8220;While the ETFs aim to double the daily return, they also double the potential loss. With the inherent volatility of Bitcoin, the doubling can lead to wild fluctuations in value.&#8221;
A key concern highlighted by experts is the impact of daily rebalancing, a mechanism inherent in leveraged ETFs.
&#8220;They're designed for short-term strategies, not long-term holding, as daily rebalancing can erode returns over time, especially in volatile markets,&#8221; says Thangapandi, CEO and Founder of Koinpark.
This daily rebalancing can lead to a phenomenon known as &#8220;value decay,&#8221; where the ETF&#8217;s long-term performance deviates significantly from the expected multiple of the underlying asset&#8217;s cumulative return, explains Srinivas L.
Sathvik Vishwanath, Co-founder and CEO of Unocoin, reinforces this point, stating, &#8220;Leveraged plays on BTC, or in this case, BTC-exposed companies like Strategy, are inherently high-risk.&#8221; These are best suited for &#8220;experienced traders rather than long-term investors.&#8221;
He emphasizes that these ETFs are designed for short-term trading and not holding and that their long-term returns often don&#8217;t match expected multiples, &#8220;due to daily rebalancing.&#8221;
See Also: <a href="https://www.benzinga.com/general/market-summary/25/02/43683299/cisco-systems-lands-700m-ai-gold-rush-amid-increased-appetite-from-tech-giants-build-more-and-we-will-buy-more-customers-tell-ceo">Cisco Systems Lands $700M AI Gold Rush Amid Increased Appetite From Tech Giants: &#8216;Build More And We Will Buy More&#8217;</a>
Why It Matters: MSTU and MSTX have shown significant <a href="https://www.benzinga.com/24/12/42667093/microstrategy-etfs-face-tracking-error-because-of-volatility-here-are-the-potential-risks-investors-face">tracking errors in the past</a>, likely due to the company&#8217;s volatile swaps and options exposure.
These ETFs have on occasion deviated substantially from their intended 2x daily performance, as seen during the price swings in November 2024. It has exceeded or fallen short of expected movements based on Strategy&#8217;s stock price. These swings pose an increased risk for investors.
Strategy is the only publicly listed company holding the highest Bitcoin reserves, representing 2.28% of the total 21 million supply. According <a href="https://treasuries.bitbo.io/#public">to</a> BiTBO, MSTR held 478,740 coins, valued at $45.971 billion, as of Feb. 12, 2025.
See Also: <a href="https://www.benzinga.com/24/12/42667093/microstrategy-etfs-face-tracking-error-because-of-volatility-here-are-the-potential-risks-investors-face">Strategy ETFs Face Tracking Error Because Of Volatility: Here Are The Potential Risks Investors Face</a>
Price Action: Strategy rose by 2.30% to $326.82 apiece on Wednesday and advanced further by 0.44% in after-hours. The exchange-traded fund tracking the Nasdaq 100 index, Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rose by 0.059%.
MSTR shares have gained 8.94% on a year-to-date basis, whereas it was down by 376.41% over the last year.
The average price target among 14 <a href="https://www.benzinga.com/quote/MSTR/analyst-ratings">analysts tracked by Benzinga</a> is $494.93 with a ‘Buy' rating. The estimates range from $140 to $690 apiece. Recent ratings from Barclays, Keefe, Bruyette &amp; Woods, and Maxim Group suggest a $493.67 target, implying a potential upside of 50.39%.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/MSTR/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="380" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13020508/MSTR-ANR-Latest-1024x380.png" alt="" class="wp-image-780320" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13020508/MSTR-ANR-Latest-1024x380.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13020508/MSTR-ANR-Latest-300x111.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13020508/MSTR-ANR-Latest-768x285.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/13020508/MSTR-ANR-Latest.png 1063w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/02/43650247/marriotts-digital-penetration-hits-historic-highs-as-bonvoy-app-downloads-soar-adding-31-million-new-members-ceo-says-transformation-enhancing-the-customer-experience" target="_blank" rel="noreferrer noopener">Marriott's Digital Penetration Hits ‘Historic Highs' As Bonvoy App Downloads Soar Adding 31 Million New Members</a></li>
</ul>
Photo courtesy: Strategy

Analyst Color

Equities

Market Summary

Analyst Ratings

ETF Opportunities Trust T-Rex 2X Long MSTR Daily Target ETF

MSTU

MSTX

[Exclusive] Michael Saylor's MSTR-Linked ETFs Are 'Not For Long-Term Investors' Say Crypto Experts: '…They Also Double The Potential Loss'

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SMCI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/14/25</td>
<td>$40.00</td>
<td>$38.4K</td>
<td>5.6K</td>
<td>34.0K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$21.50</td>
<td>$25.8K</td>
<td>15.8K</td>
<td>9.6K</td>
</tr>
<tr>
<td>MSTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/14/25</td>
<td>$320.00</td>
<td>$302.2K</td>
<td>5.5K</td>
<td>8.2K</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$255.00</td>
<td>$37.0K</td>
<td>2.2K</td>
<td>2.8K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$120.00</td>
<td>$38.0K</td>
<td>17.6K</td>
<td>2.8K</td>
</tr>
<tr>
<td>RGTI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$15.00</td>
<td>$27.0K</td>
<td>10.9K</td>
<td>2.0K</td>
</tr>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$150.00</td>
<td>$28.5K</td>
<td>31.9K</td>
<td>1.4K</td>
</tr>
<tr>
<td>TSM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$190.00</td>
<td>$2.8 million</td>
<td>2.0K</td>
<td>1.0K</td>
</tr>
<tr>
<td>SOUN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$37.00</td>
<td>$66.9K</td>
<td>7.7K</td>
<td>704</td>
</tr>
<tr>
<td>MARA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$15.00</td>
<td>$55.5K</td>
<td>5.9K</td>
<td>685</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on February 14, 2025. Parties traded 300 contract(s) at a $40.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $38.4K, with a price of $128.0 per contract. There were 5657 open contracts at this strike prior to today, and today 34060 contract(s) were bought and sold. 
• For INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we notice a call option sweep that happens to be bullish, expiring in 9 day(s) on February 21, 2025. This event was a transfer of 275 contract(s) at a $21.50 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $25.8K, with a price of $94.0 per contract. There were 15857 open contracts at this strike prior to today, and today 9675 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a put option sweep with bearish sentiment. It expires in 2 day(s) on February 14, 2025. Parties traded 785 contract(s) at a $320.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $302.2K, with a price of $385.0 per contract. There were 5574 open contracts at this strike prior to today, and today 8216 contract(s) were bought and sold. 
• Regarding IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>), we observe a call option sweep with bullish sentiment. It expires in 9 day(s) on February 21, 2025. Parties traded 100 contract(s) at a $255.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $37.0K, with a price of $370.0 per contract. There were 2256 open contracts at this strike prior to today, and today 2848 contract(s) were bought and sold. 
• For PLTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), we notice a call option trade that happens to be neutral, expiring in 37 day(s) on March 21, 2025. This event was a transfer of 50 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $38.0K, with a price of $760.0 per contract. There were 17635 open contracts at this strike prior to today, and today 2804 contract(s) were bought and sold. 
• For RGTI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>), we notice a call option trade that happens to be bearish, expiring in 338 day(s) on January 16, 2026. This event was a transfer of 60 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $27.0K, with a price of $450.0 per contract. There were 10927 open contracts at this strike prior to today, and today 2007 contract(s) were bought and sold. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bearish sentiment. It expires in 93 day(s) on May 16, 2025. Parties traded 39 contract(s) at a $150.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $28.5K, with a price of $735.0 per contract. There were 31971 open contracts at this strike prior to today, and today 1445 contract(s) were bought and sold. 
• For TSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), we notice a call option trade that happens to be bearish, expiring in 128 day(s) on June 20, 2025. This event was a transfer of 1000 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $2.8 million, with a price of $2862.0 per contract. There were 2077 open contracts at this strike prior to today, and today 1053 contract(s) were bought and sold. 
• Regarding SOUN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>), we observe a call option sweep with bearish sentiment. It expires in 338 day(s) on January 16, 2026. Parties traded 300 contract(s) at a $37.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $66.9K, with a price of $223.0 per contract. There were 7711 open contracts at this strike prior to today, and today 704 contract(s) were bought and sold. 
• Regarding MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we observe a put option sweep with bullish sentiment. It expires in 37 day(s) on March 21, 2025. Parties traded 500 contract(s) at a $15.00 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $55.5K, with a price of $111.0 per contract. There were 5953 open contracts at this strike prior to today, and today 685 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

RGTI

GameStop Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) shares are trading higher Monday after CEO Ryan Cohen posted a picture with MicroStrategy Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43596456/strategy-acquires-7633-bitcoin-for-742-4-million-boosts-holdings-to-478740-btc">Michael Saylor</a>.
What Happened: Cohen posted a picture with Saylor on <a href="https://x.com/ryancohen/status/1888098643732811864">X</a> over the weekend, which appears to have sparked speculation that the company could be leaning further into Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>).
MicroStrategy, which recently <a href="https://www.benzinga.com/news/earnings/25/02/43511849/strategy-q4-earnings-bitcoin-treasury-company-spends-20-5b-on-btc-shares-inch-higher-despite-revenue-miss">rebranded to &#8220;Strategy,&#8221;</a> is the largest corporate holder of Bitcoin. GameStop previously made a push into the crypto space with the launch of wallets that let users manage crypto and non-fungible tokens (NFTs) and also provided access to GameStop's NFT marketplace. However, the company closed down the offering in 2023 due to <a href="https://www.benzinga.com/markets/cryptocurrency/23/08/33511904/gamestop-cites-regulatory-uncertainty-drops-ios-chrome-extension-crypto-wallet-support">&#8220;regulatory uncertainty.&#8221;</a>
GameStop reported third-quarter financial results in December. The company included a note in the filing showing that it was <a href="https://www.benzinga.com/analyst-ratings/analyst-color/23/12/36142175/meme-king-ryan-cohen-now-able-to-trade-stocks-with-gamestop-funds">freeing up Cohen to bet on stocks</a> in order to improve the company&#8217;s financial standing. 
&#8220;We have traditionally invested our excess cash in investment grade short-term fixed income securities, which consist of U.S. government and agency securities and time deposits,&#8221; the company said.
&#8220;On December 5, 2023, the Board of Directors approved a new investment policy that permits the Company to invest in equity securities, among other investments.&#8221;
Check This Out: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43596456/strategy-acquires-7633-bitcoin-for-742-4-million-boosts-holdings-to-478740-btc">Strategy Acquires 7,633 Bitcoin For $742.4 Million, Boosts Holdings To 478,740 BTC</a>
GameStop said in the filing that Cohen would lead the investment activity for GameStop in public and private markets. Cohen is the company&#8217;s largest shareholder with approximately an 8.2% stake. 
The photo also follows a regulatory filing from the end of January showing that Cohen transferred ownership of more than 36.8 million GameStop shares from RC Ventures LLC to his personal name. The move <a href="https://www.benzinga.com/general/gaming/25/01/43342224/ryan-cohen-moves-gamestop-shares-to-personal-name-sparking-speculation-on-next-steps">sparked speculation</a> on social media that Cohen could be considering a merger or acquisition for GameStop, among other possibilities. 
GameStop has been one of the most popular retail stocks in recent years ever since the historic 2021 meme stock craze that saw GameStop and other heavily shorted names squeeze higher. Meme stock trader Keith Gill, also known as <a href="https://www.benzinga.com/topic/roaring-kitty">"Roaring Kitty,&#8221;</a> has continued to influence GameStop price action with cryptic posts on X. 
Gill&#8217;s latest post on Jan. 22 featured a dog hanging out on a sidewalk outside of a pizza shop. The song "I Will Wait For You," sung by Connie Francis, plays throughout as the dog appears to be waiting for something. GameStop shares briefly popped on the post. 
GME Price Action: <a href="http://benzinga.com/quote/gme">GameStop shares</a> are up approximately 83% over a one-year period. The stock was up 7.86% at $26.67 at the time of publication Monday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Shutterstock.

GameStop Stock Is Surging Monday: What's Going On?

<a href="https://www.benzinga.com/real-estate/24/12/42440855/barstool-sports-founder-dave-portnoys-shocking-admission-his-former-partner-has-full-access-to-his-150m-cash-assets-and-65m-property-portfolio">Barstool Sports founder Dave Portnoy</a> is doubling down on his commitment to the meme coin Stool Prisondente (CRYPTO: JAILSTOOL), even as traders question its future.
What Happened: Portnoy, who initially invested hundreds of thousands of dollars in the token, insists he remains committed, despite the coin's struggles.
In an X post Monday evening, he <a href="https://x.com/stoolpresidente/status/1889015371400958106?s=19">emphasized </a>his dedication, saying, &#8220;The fact I'm still putting my own money into #Jailstool cause I don't want people losing money shows that my heart is too big for this stupid space. I need a blacker heart. Rise #Jailstool rise.&#8221;
His statement comes after scrutiny from crypto traders, some of whom argue that Jailstool's decline has hurt retail investors.
However, Portnoy maintains he's stayed true to his word, refusing to take early profits and continuing to support the project.
"I put 100's of thousands of my own money into #Jailstool and promised up to 1 million more as it grew," Portnoy <a href="https://x.com/stoolpresidente/status/1888972298004135943">wrote</a> in another post. "I coulda cashed out for 6 million. I didn't. But I'm not just gonna promote forever for free while sharks eat Minos. I've done exactly what I promised to do like I always do. 100% transparent."
The price of Jailstool crashed around 82% on Monday evening European time to 2 cents, after making a high of 21 cents a day earlier, according to CoinGecko <a href="https://www.coingecko.com/en/coins/stool-prisondente">data</a>.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43596456/strategy-acquires-7633-bitcoin-for-742-4-million-boosts-holdings-to-478740-btc">Strategy Acquires 7,633 Bitcoin For $742.4 Million, Boosts Holdings To 478,740 BTC</a>
Why It Matters: Portnoy's approach has divided the crypto community.
Some traders see his investment as a genuine attempt to back the community, while others remain skeptical about his long-term credibility in the space.
Crypto analyst Stats <a href="https://x.com/punk9059/status/1888975984751493228">said</a> that Jailstool has nearly returned to its pre-promotion price, raising concerns about the effectiveness of Portnoy's marketing.
"His marketing plays didn&#8217;t work out. People lost real money (which is 100% their own fault). But I think his credibility in this space is pretty ruined," he wrote.
Others, like Kaleo, speculated that Portnoy might keep investing in Jailstool to try and stabilize its price. 
"With how much he&#8217;s talked about &#8216;not even thinking of selling this until it hits &gt;$500M,' feels like there&#8217;s a solid chance he lets his pride get the best of him," Kaleo tweeted, predicting that if Portnoy loses money, he'll turn against meme coins altogether.
Despite the backlash, Portnoy remains a major investor in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>), recently revealing that he <a href="https://www.benzinga.com/24/12/42602503/dave-portnoy-says-he-owns-15-million-bitcoin-13-million-xrp-bet-it-and-set-it-not-trading">holds $1.5 million in Bitcoin and $1.3 million in XRP</a>.
His Bitcoin investment followed a conversation with Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) chairman Michael Saylor, who convinced him of Bitcoin's long-term value. 
During their interview, Saylor explained Bitcoin through sports analogies, saying, "Satoshi created a game that is rigged in favor of the individual… Bitcoin is that game."
Portnoy, once a skeptic, has since embraced Bitcoin, stating, "I&#8217;m gonna bet it and set it, not trading." 
However, his latest Jailstool debacle has reignited doubts about his role in crypto, with many traders now questioning whether he should be <a href="https://www.benzinga.com/24/12/42602503/dave-portnoy-says-he-owns-15-million-bitcoin-13-million-xrp-bet-it-and-set-it-not-trading">taken seriously in the space.</a>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43591727/coinbase-ceo-brian-armstrong-says-bitcoin-adoption-to-reach-billions-by-2030">Coinbase CEO Brian Armstrong Says Bitcoin Adoption To Reach &#8216;Billions&#8217; By 2030</a></li>
</ul>
Image: Shutterstock

$XRP

Dave Portnoy Holds Millions In Bitcoin And XRP, But Here's Why He Concluded His Heart Is 'Too Big For This Space'

Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) has expanded its Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) holdings with a <a href="https://www.benzinga.com/insights/options/25/02/43594268/microstrategys-options-frenzy-what-you-need-to-know">significant new purchase</a>, acquiring 7,633 BTC for approximately $742.4 million at an average price of $97,255 per Bitcoin.
What Happened: The <a href="https://www.strategy.com/press/strategy-acquires-7633-btc-and-now-holds-478740-btc_02-10-2025">acquisition</a>, made between Feb. 3 and Feb. 9, was funded through proceeds from stock sales under its $21 billion equity offering program and its recently completed $563.4 million preferred stock offering.
With this latest purchase, Strategy now holds a total of 478,740 BTC, acquired at an average cost of $65,033 per Bitcoin.
Michael Saylor, Strategy's co-founder and executive chairman, has remained vocal about the company's long-term commitment to Bitcoin, often describing it as the best store of value in the digital age. 
The latest acquisition further cements Strategy&#8217;s position as the largest corporate holder of Bitcoin, aligning with its strategy of using public and private funding to accumulate the cryptocurrency.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43591727/coinbase-ceo-brian-armstrong-says-bitcoin-adoption-to-reach-billions-by-2030">Coinbase CEO Brian Armstrong Says Bitcoin Adoption To Reach &#8216;Billions&#8217; By 2030</a>
Why It Matters: The company has consistently leveraged equity sales and debt offerings to fund its purchases, a strategy that has significantly influenced its stock price movements.
The firm has $4.17 billion in shares still available for sale, indicating that additional Bitcoin purchases may be forthcoming. 
Strategy Inc.&#8217;s bold Bitcoin accumulation strategy has received mixed reactions from analysts. 
Mizuho recently began covering the stock with an ‘outperform' rating and set a price target of $515, describing the company as a &#8220;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43333849/microstrategy-is-a-lever-for-the-believer-says-mizuho-initiates-coverage-on-bitcoins-levered-play-with-an-outperform-rating#:~:text=MSTR%20has%20a%20consensus%20'buy,%2C%20implying%20a%2075.57%25%20upside.">Lever for the Believer</a>&#8221; in Bitcoin, emphasizing its appeal to investors who view Bitcoin as a long-term asset.
Despite this optimism, questions persist regarding the sustainability of Strategy&#8217;s valuation, particularly in relation to the value of its Bitcoin holdings. 
Some market observers have raised concerns about whether the <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43545769/microstrategy-rebrands-as-strategy-unveils-new-logo-and-bitcoin-focused-identity">company's stock price accurately reflects its assets</a>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43590115/trump-meme-coin-left-a-sour-taste-in-traders-mouths-10x-research">TRUMP Meme Coin Left A Sour Taste In Traders&#8217; Mouths: 10x Research</a></li>
</ul>
Image: Shutterstocl

Strategy Acquires 7,633 Bitcoin For $742.4 Million, Boosts Holdings To 478,740 BTC

Financial giants have made a conspicuous bullish move on MicroStrategy. Our analysis of options history for MicroStrategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) revealed 25 unusual trades.
Delving into the details, we found 52% of traders were bullish, while 28% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $332,219, and 19 were calls, valued at $1,367,782.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $0.5 and $450.0 for MicroStrategy, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in MicroStrategy's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to MicroStrategy's substantial trades, within a strike price spectrum from $0.5 to $450.0 over the preceding 30 days.
<h3>MicroStrategy Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1739198763_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/14/25</td>
<td>$26.6</td>
<td>$26.6</td>
<td>$26.6</td>
<td>$350.00</td>
<td>$361.7K</td>
<td>310</td>
<td>11</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$335.65</td>
<td>$333.75</td>
<td>$334.48</td>
<td>$0.50</td>
<td>$334.4K</td>
<td>14.5K</td>
<td>60</td>
</tr>
<tr>
<td>MSTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/14/25</td>
<td>$12.65</td>
<td>$12.35</td>
<td>$12.39</td>
<td>$335.00</td>
<td>$116.4K</td>
<td>1.3K</td>
<td>1.6K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/14/25</td>
<td>$17.5</td>
<td>$16.6</td>
<td>$17.0</td>
<td>$330.00</td>
<td>$76.5K</td>
<td>2.9K</td>
<td>191</td>
</tr>
<tr>
<td>MSTR</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$82.5</td>
<td>$80.2</td>
<td>$81.38</td>
<td>$315.00</td>
<td>$65.1K</td>
<td>259</td>
<td>8</td>
</tr>
</tbody>
</table>

<h3>About MicroStrategy</h3>
MicroStrategy Inc is a provider of enterprise analytics and mobility software. It offers MicroStrategy Analytics platform that delivers reports and dashboards and enables users to conduct ad hoc analysis and share insights through mobile devices or the Web; MicroStrategy Server, which provides analytical processing and job management. The company's reportable operating segment is engaged in the design, development, marketing, and sales of its software platform through licensing arrangements and cloud-based subscriptions and related services.
In light of the recent options history for MicroStrategy, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Present Market Standing of MicroStrategy</h3>
<ul>
<li>Currently trading with a volume of 666,526, the MSTR's price is up by 1.87%, now at $333.7. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 77 days.</li>
</ul>
<h3>What The Experts Say On MicroStrategy</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $523.0.
Unusual Options Activity Detected: Smart Money on the Move
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&#x2A; In a cautious move, an analyst from Mizuho downgraded its rating to Outperform, setting a price target of $515. 
&#x2A; Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on MicroStrategy with a target price of $421. 
&#x2A; An analyst from Maxim Group has decided to maintain their Buy rating on MicroStrategy, which currently sits at a price target of $500. 
&#x2A; Reflecting concerns, an analyst from Keefe, Bruyette &amp; Woods lowers its rating to Outperform with a new price target of $560. 
&#x2A; Maintaining their stance, an analyst from Cantor Fitzgerald continues to hold a Overweight rating for MicroStrategy, targeting a price of $619. 
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MicroStrategy's Options Frenzy: What You Need to Know

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) adoption is on track to <a href="https://www.benzinga.com/money/will-bitcoin-reach-1-million-a-coin">reach several billion users</a> by the end of the decade, according to Coinbase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) CEO Brian Armstrong.
In a <a href="https://x.com/brian_armstrong/status/1888822443873325247">statement</a> on X on Monday, Armstrong pointed to the rapid pace of Bitcoin growth, comparing it to the early adoption rates of mobile phones and the internet.
&#8220;Bitcoin adoption should get to several billion people by 2030 at current rates,&#8221; Armstrong wrote, emphasizing the acceleration in mainstream cryptocurrency use.
He was responding to a tweet by entrepreneur Mario Nawfal, who, citing data from BlackRock (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NASDAQ">BLK</a>)stated that crypto adoption has grown 43% faster than mobile phones and 20% faster than the internet.
He said that the report suggests that younger generations, concerns over inflation, and a <a href="https://www.benzinga.com/etfs/specialty-etfs/25/02/43537016/donald-trump-once-said-bitcoin-was-based-on-thin-air-now-his-media-company-is-launching-btc-etf">pro-crypto stance</a> from U.S. leadership are key drivers of this expansion.
Meanwhile, <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43560433/bitcoin-to-hit-between-300000-and-1-5-million-by-2030-ark-invest#:~:text=The%20firm%20outlines%20several%20key,see%20a%20significant%20price%20boost.">institutional adoption</a> continues to grow, with Bitcoin ETFs projected to hit $250 billion in assets under management.
Regulatory clarity is also improving, further legitimizing Bitcoin as a mainstream financial asset.
&#8220;With Bitcoin ETFs projected to hit $250 billion and regulatory wins piling up, crypto's mainstream takeover is accelerating,&#8221; Nawfal said.
As Bitcoin adoption scales, experts see further integration into global finance, driven by both institutional participation and growing retail demand.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43589576/is-solanas-growth-being-held-back-by-a-technical-bottleneck">Is Solana&#8217;s Growth Being Held Back By A Technical Bottleneck?</a>
Why It Matters: Meanwhile, asset management giant BlackRock has increased its stake in Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), a company best known for its <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43568126/blackrock-expands-investment-in-bitcoin-heavy-strategy-reaching-5-ownership">substantial Bitcoin holdings.</a>
A Feb. 6 filing with the U.S. Securities and Exchange Commission (SEC) shows BlackRock now owns approximately 11.26 million shares of Strategy, up from 9.48 million shares three months prior.
This brings BlackRock's total ownership in Strategy to 5%, reflecting an estimated $584 million investment based on Strategy's current share price of $325. 
In total, BlackRock&#8217;s stake is now valued at more than $3.67 billion. 
The company's growing exposure to Strategy aligns with the firm's ongoing accumulation of Bitcoin, which now stands at 471,107 BTC, worth over $46 billion at current prices.
BlackRock's increasing Bitcoin exposure marks a stark shift in the perspective of its CEO, Larry Fink, who once dismissed Bitcoin as an "index of money laundering" and doubted its legitimacy as a financial asset.
However, Fink's stance has significantly changed in recent years, particularly with BlackRock's launch of the iShares Bitcoin Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>). 
He now refers to Bitcoin as a potential &#8220;international asset,&#8221; akin to gold, and sees Bitcoin ETFs as a means to offer <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42998035/bitcoin-adoption-still-early-blackrock-says">regulated access to digital assets. </a>
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43570466/bitcoin-to-hit-all-time-highs-in-february-under-one-condition-standard-chartered-says">Bitcoin To Hit All-Time Highs In February Under One Condition, Standard Chartered Says</a></li>
</ul>
Image: Shutterstock

COIN

IBIT

Coinbase CEO Brian Armstrong Says Bitcoin Adoption To Reach 'Billions' By 2030

As of February&nbsp;9, 2025, the Company, together with its subsidiaries, held an aggregate of approximately 478,740 bitcoins, which were acquired at an aggregate purchase price of approximately&nbsp;$31.1&nbsp;billion and an average purchase price of approximately $65,033 per bitcoin, inclusive of fees and expenses.

Strategy Says During February 3 and February 9, It Acquired Approximately 7,633 Bitcoins For ~$742.4 Million In Cash, At An Average Price Of $97,255 Per Bitcoin - Filing

Barclays analyst Ramsey El-Assal maintains MicroStrategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) with a Overweight and lowers the price target from $515 to $421.

Price Target

Barclays Maintains Overweight on MicroStrategy, Lowers Price Target to $421

Michael Saylor, co-founder of the newly branded Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), hinted at a potential Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) purchase on Sunday after a one-week break.
What Happened: Saylor posted a chart that tracks the&nbsp;company&#8217;s Bitcoin purchases on X. 
&#8220;Death to the blue lines.&nbsp;Long live the green dots,&#8221; the influential CEO of Strategy, formerly known as MicroStrategy, wrote. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Death to the blue lines. Long live the green dots. <a href="https://t.co/SOtFHRoykd">pic.twitter.com/SOtFHRoykd</a>
&mdash; Michael Saylor&#x26a1;&#xFE0F; (@saylor) <a href="https://twitter.com/saylor/status/1888598467729150282?ref_src=twsrc%5Etfw">February 9, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Notably, Saylor has been posting the chart on Sundays <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43506411/microstrategy-rebrands-as-strategy-unveils-new-logo-and-bitcoin-focused-identity">for the past several weeks</a>, preceding Bitcoin acquisition the following Monday. The trend persisted for 12 consecutive weeks before the firm took a break from loading the apex cryptocurrency last week.
The latest post possibly signaled the resumption of the Bitcoin-buying streak.
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/25/02/43454192/microstrategys-convertible-bonds-a-better-choice-than-spot-bitcoin-for-inclusion-in-sovereign-wealth-fund-says-analyst">Trump-Announced Wealth Fund Should Choose MicroStrategy Bonds Over Bitcoin, Analyst Says</a>
Why It Matters: Just last week,&nbsp;Strategy&nbsp;unveiled its new logo featuring a stylized &#8220;B,&#8221; marking its pivot to a <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43506411/microstrategy-rebrands-as-strategy-unveils-new-logo-and-bitcoin-focused-identity">Bitcoin-centric company</a>. 
The rebranding comes in the middle of an aggressive Bitcoin acquisition strategy, one that has boosted the firm&#8217;s coffers to 471,107 BTC, worth over $45 billion, <a href="https://bitcointreasuries.net/">according </a>to bitcointreasuries.com. Strategy was sitting on unrealized gains of over $14 billion.
Strategy reported <a href="https://in.benzinga.com/news/earnings/25/02/43511849/strategy-q4-earnings-bitcoin-treasury-company-spends-205b-on-btc-shares-inch-higher-despite-revenue-miss">fourth-quarter revenue</a> of $120.7 million last week, missing analyst&nbsp;estimates&nbsp;of $123.25 million. The company reported a fourth-quarter adjusted loss of $3.20 per share.
Price Action: At the time of writing, Bitcoin was exchanging hands at $95,811.92, down 1.02% in the last 24 hours, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.
Shares of MicroStrategy closed 0.65% higher at $327.56 during Friday's regular trading session.
Price Action: Shares of Strategy closed 0.65% higher at $327.56 during Friday's regular trading session.
Image via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43581896/analyst-who-nailed-2021-crypto-collapse-now-says-worst-of-bitcoin-could-come-in-next-few-weeks">Analyst Who Nailed 2021 Crypto Collapse Now Says Worst Of Bitcoin Could Come In Next Few Weeks</a></li>
</ul>

Michael Saylor Declares 'Death To Blue Lines, Long Live Green Dots:' Is Strategy's BTC Purchase Streak About To Resume?

The past week in the world of finance was marked by significant developments in the cryptocurrency sector. From warnings against buying the dip in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), and XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>), to Shiba Inu&#8217;s surprising partnership with the UAE government, the week was anything but dull. Here&#8217;s a quick recap of the top stories.
Standard Chartered Advises Against Buying Crypto Dip
Standard Chartered&#8216;s Head of Digital Assets Research, Geoffrey Kendrick, cautioned investors against buying the dip in cryptocurrencies until U.S. Treasury yields come lower. Kendrick noted that the current sell-off differs significantly from the previous one, attributing the downturn to newly imposed U.S. tariffs on Canada and Mexico.
<a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43433440/dont-buy-the-dip-on-bitcoin-ethereum-xrp-yet-standard-chartered-warns">Read the full article here.</a>
Shiba Inu Partners with UAE Government
Cryptocurrency traders are hopeful that Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) may be poised for a comeback following a partnership announcement with the government of the United Arab Emirates. Crypto trader Scofield highlighted that meme coins are evolving beyond hype, with governance, innovation, and real utility separating long-term winners from speculative fads.
<a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43538370/shiba-inu-more-than-a-meme-the-technology-powerhouse-partners-with-united-arab-emirates-government">Read the full article here.</a>
Analyst Recommends Strategy Bonds Over Bitcoin
Cryptocurrency analyst James Van Straten suggested that the newly announced U.S. sovereign wealth fund should have exposure to Strategy through its convertible bonds rather than buying spot Bitcoin.
<a href="https://www.benzinga.com/25/02/43454192/microstrategys-convertible-bonds-a-better-choice-than-spot-bitcoin-for-inclusion-in-sovereign-wealth-fund-says-analyst">Read the full article here.</a>
Strategy Targets Volatility Gap Between Bitcoin and Traditional Markets
Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) chairman Michael Saylor revealed a strategy to fill a significant void in the investment landscape between traditional market indices and Bitcoin. The company aims to create investment products targeting different volatility preferences, including the newly launched Strike preferred shares.
<a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43519244/michael-saylor-eyes-45-volatility-gap-between-bitcoin-and-traditional-markets-reveals-new-strategy-to-attract-large-pool-of-investors">Read the full article here.</a>
Nobel Laureate Predicts Bitcoin&#8217;s Value Will Plummet
Nobel Prize-winning economist Eugene Fama predicted a 100% probability that Bitcoin will lose all of its value within the next decade. Fama stated that cryptocurrency runs against all that is known about monetary theory.
<a href="https://www.benzinga.com/25/02/43425769/nobel-prize-winner-eugene-fama-predicts-bitcoins-value-will-plummet-to-zero">Read the full article here.</a>
Read Next:
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<li><a href="https://www.benzinga.com/general/sports/25/02/43577295/trump-praises-taylor-swifts-boyfriend-travis-kelce-ahead-of-super-bowl-appearance-after-kansas-city-chiefs-tight-end-says-it-would-be-a-great-honor-to-have-the-president-at-the-game" target="_blank" rel="noreferrer noopener">Trump Praises Taylor Swift's Boyfriend Travis Kelce Ahead Of Super Bowl Appearance After Kansas City Chiefs Tight End Says It Would Be A ‘Great Honor' To Have The President At The Game</a></li>
</ul>
Photo courtesy: Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>

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Press Releases

MicroStrategy to Redeem $1.05B of 2027 Convertible Notes and Settle All Conversion Requests in Shares

MicroStrategy Announces Proposed Strike Preferred Stock Offering (STRK)

Crypto Stocks Plunge In Market Rout

MicroStrategy Delivers Rapid Value from AI through Personalized Experiences with Latest Release

MicroStrategy Prices Strike Preferred Stock Offering (STRK)

MicroStrategy is Now Strategy

Strategy Announces Fourth Quarter 2024 Financial Results; Holds 471,107 BTC

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