MicroStrategy Poised for Growth With Strong Bitcoin Exposure and Software Expansion: Analyst
MicroStrategy Poised for Growth With Strong Bitcoin Exposure and Software Expansion: Analyst
The analyst flagged the company's success in channeling the cash flows and balance sheet of a well-established business intelligence software provider to amass a ~$13 billion bitcoin pile.Barclays analyst Ramsey El-Assal initiated coverage on MicroStrategy Inc (NASDAQ:MSTR) with an Overweight rating and a price target of $146.
巴克萊分析師拉姆齊·阿薩爾開始對微策略公司（納斯達克股票代碼：MSTR）進行報道，增持評級，目標股價爲146美元。
El-Assal flagged the company's unique differentiated vehicle that allows public company investors to gain exposure to bitcoin, resilient capital deployment model offering a long runway for continued bitcoin accumulation and protection from black swan liquidity events, software performance backed by a fast-growing TAM and demand for next-gen technology, the mix shift towards subscription services leading to higher-margin and recurring revenue and the software business' high retention rates.
El-Assal提到了該公司獨特的差異化工具，該工具使上市公司投資者能夠獲得比特幣的投資機會，彈性的資本部署模式爲比特幣的持續積累提供了漫長的道路，免受黑天鵝流動性事件的影響，由快速增長的TAM和對下一代技術的需求支持的軟件性能，向訂閱服務的組合轉移，從而帶來更高的利潤率和經常性收入，以及軟件業務的高留存率。
According to the analyst, MicroStrategy is the superior option for public-company investors looking for Bitcoin exposure.
根據分析師的說法，對於尋求比特幣敞口的上市公司投資者來說，MicroStrategy是更好的選擇。
The analyst flagged the company's success in channeling the cash flows and balance sheet of a well-established business intelligence software provider to amass a ~$13 billion bitcoin pile.
這位分析師表示，該公司成功地引導了一家知名商業智能軟件提供商的現金流和資產負債表，積累了約130億美元的比特幣。
El-Assal compared MicroStrategy to a bitcoin index fund capable of generating its own investment capital, helping investors gain exposure to the underlying bitcoin asset price and benefit from future self-funded accumulation.
El-Assal將MicroStrategy比作能夠產生自有投資資本的比特幣指數基金，幫助投資者獲得對基礎比特幣資產價格的敞口，並從未來的自籌資金積累中受益。
MicroStrategy's strategy appears capable of withstanding quite a bit of liquidity-related stress from potential future "crypto winters," the analyst said, citing the blended average cost of debt and maturities.
這位分析師以債務和到期日混合平均成本爲由表示，MicroStrategy的策略似乎能夠承受未來潛在的 「加密冬天」 帶來的相當多的與流動性相關的壓力。
The analyst expects MicroStrategy's partnerships with large hyperscalers to help it maintain market share over time, thanks to the growing demand for business intelligence (BI) and artificial intelligence (AI).
該分析師預計，由於對商業智能（BI）和人工智能（AI）的需求不斷增長，MicroStrategy與大型超大規模公司的合作伙伴關係將有助於其在一段時間內保持市場份額。
The analyst projected fiscal 2024 revenue of $474 million and EPS loss of $(1.58).
該分析師預計2024財年收入爲4.74億美元，每股收益虧損爲1.58美元。
Price Action: MSTR stock traded lower by 2.85% at $116.16 at he last check Friday.
價格走勢：週五最後一次支票時，MSTR股價下跌2.85％，至116.16美元。
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圖片來自 Shutterstock
