Strategy (MSTR), the largest corporate owner of Bitcoin in the world, is scheduled to announce its results for the second quarter of 2025 on Thursday, July 31. MSTR stock has rallied 40% year-to-date and over 140% over the past year, mainly due to its large Bitcoin holdings and the rise in crypto prices. Growing interest in Bitcoin ETFs and steady gains in its software business have also helped lift the stock. Ahead of the results, Wall Street remains upbeat on MSTR stock, projecting over 30% upside from current levels.
The company, earlier known as MicroStrategy, is expected to report a narrower loss per share of $0.10 for Q2 2025 compared to $0.57 per share in the prior-year quarter. Analysts expect MSTR to report Q2 revenue of $13.65 million, reflecting a year-over-year growth of 2%.
Investors will be watching for management’s comments on its Bitcoin strategy, along with any updates on the company’s software business.
Ahead of Q2 results, Top analyst Lance Vitanza of TD Cowen raised his price target on MSTR stock to a Street-high of $680, up from $590, and kept a Buy rating. Vitanza believes Bitcoin could hit $155,000 by December, which could push MSTR stock much higher, since it closely follows Bitcoin’s price.
Looking ahead, the analyst expects MSTR to keep buying more Bitcoin using funds raised through the capital markets.
Strategy (formerly known as MicroStrategy) continues to win over analysts. According to TipRanks, the stock currently holds a Strong Buy rating based on 12 analyst reviews: 11 Buys, zero Holds, and just one lonely Sell. The average 12-month MSTR price target is $541, implying 33.29% upside potential.
