Optiver Holding B.V. Takes $17.67 Million Position in Strategy Inc $MSTR

Optiver Holding B.V. acquired a new position in Strategy Inc (NASDAQ:MSTR) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 54,834 shares of the software maker’s stock, valued at approximately $17,668,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. D.A. Davidson & CO. lifted its holdings in shares of Strategy by 71.4% in the second quarter. D.A. Davidson & CO. now owns 2,223 shares of the software maker’s stock valued at $899,000 after purchasing an additional 926 shares in the last quarter. AlphaQuest LLC raised its position in Strategy by 454.5% during the second quarter. AlphaQuest LLC now owns 122 shares of the software maker’s stock valued at $49,000 after buying an additional 100 shares during the period. Resonant Capital Advisors LLC raised its position in Strategy by 39.4% during the second quarter. Resonant Capital Advisors LLC now owns 991 shares of the software maker’s stock valued at $401,000 after buying an additional 280 shares during the period. Nisa Investment Advisors LLC lifted its stake in Strategy by 30.7% in the 2nd quarter. Nisa Investment Advisors LLC now owns 20,605 shares of the software maker’s stock worth $8,329,000 after acquiring an additional 4,840 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in Strategy by 4.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 19,936 shares of the software maker’s stock worth $8,059,000 after acquiring an additional 795 shares during the period. 59.84% of the stock is currently owned by hedge funds and other institutional investors.

Strategy Trading Up 0.7%

Shares of NASDAQ:MSTR opened at $124.60 on Wednesday. The company has a current ratio of 5.62, a quick ratio of 0.66 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $35.80 billion, a PE ratio of -6.77 and a beta of 3.54. Strategy Inc has a 1 year low of $104.17 and a 1 year high of $457.22. The firm has a fifty day moving average price of $150.25 and a 200 day moving average price of $235.60.

Strategy (NASDAQ:MSTR) last posted its earnings results on Thursday, February 5th. The software maker reported ($42.93) earnings per share for the quarter, missing the consensus estimate of $46.02 by ($88.95). The company had revenue of $122.99 million for the quarter, compared to the consensus estimate of $117.42 million. Strategy had a negative net margin of 806.34% and a negative return on equity of 8.74%. Strategy’s quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter last year, the business earned ($3.03) earnings per share.

Insider Buying and Selling

In other news, Director Jane A. Dietze acquired 1,000 shares of Strategy stock in a transaction dated Tuesday, January 20th. The stock was acquired at an average cost of $99.48 per share, for a total transaction of $99,480.00. Following the completion of the purchase, the director owned 3,600 shares of the company’s stock, valued at $358,128. This represents a 38.46% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Carl J. Rickertsen acquired 5,000 shares of the firm’s stock in a transaction that occurred on Monday, January 12th. The shares were purchased at an average cost of $155.88 per share, with a total value of $779,400.00. Following the completion of the acquisition, the director owned 5,000 shares in the company, valued at $779,400. This trade represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 6,012 shares of company stock valued at $880,080 in the last ninety days. Company insiders own 8.46% of the company’s stock.

Key Stories Impacting Strategy

Here are the key news stories impacting Strategy this week:

• Positive Sentiment: Continued disciplined accumulation — Strategy reported another purchase (592 BTC), raising its corporate stash (now ~717k BTC); for long-term BTC bulls, continued dollar-cost averaging keeps upside exposure if BTC recovers. Strategy Expands Bitcoin Holdings Using Recent Equity Offering
• Positive Sentiment: Corporate and industry engagement — Strategy World and the Bitcoin for Corporations summit are underway, which could support institutional adoption narrative and long-term demand for BTC (and Strategy’s treasury strategy). Strategy World 2026 Kicks Off in Las Vegas
• Neutral Sentiment: Market share of corporate buying — Media notes Strategy accounted for essentially all recent corporate BTC buying (≈99% last week). That highlights the company’s dominant role in corporate BTC flows but concentrates risk in one issuer. Strategy stands alone as it comprises 99% of all Bitcoin treasury buying these days
• Neutral Sentiment: CEO public defense of the thesis — Michael Saylor has been publicly rebutting critics and reiterating the long-term bitcoin thesis, which supports narrative stability but doesn’t change short-term marks. Michael Saylor Slams Bitcoin Critics
• Negative Sentiment: Dilution and funding method spooked investors — The 100th BTC buy was funded by at-the-market equity sales (≈298k Class A shares sold), raising fresh dilution concerns; that funding route, plus heavy legacy unrealized BTC losses, is pressuring the share price. Strategy (MSTR) Is Down 7.6% After Its 100th Bitcoin Purchase Funded by New Equity
• Negative Sentiment: Broader crypto and macro weakness — Bitcoin’s pullback (sub-$65k headlines) and elevated market “fear” are dragging crypto-linked equities like MSTR lower, amplifying volatility and downside risk for the stock. Markets Extend Losses Amid ‘Extreme Fear’

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on MSTR shares. HC Wainwright reiterated a “buy” rating on shares of Strategy in a report on Friday, February 6th. Truist Financial set a $268.00 price objective on shares of Strategy in a research report on Friday, January 9th. Mizuho set a $320.00 target price on shares of Strategy and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. TD Cowen restated a “buy” rating on shares of Strategy in a report on Thursday, January 15th. Finally, Benchmark reaffirmed a “buy” rating on shares of Strategy in a research note on Monday, December 1st. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Strategy has a consensus rating of “Moderate Buy” and an average target price of $368.21.

Strategy Company Profile

Strategy, formerly known as MicroStrategy, Incorporated (NASDAQ: MSTR) is a global provider of enterprise analytics and mobility software. The company’s flagship platform offers business intelligence, data discovery, and advanced visualizations that enable organizations to analyze large volumes of data and deliver actionable insights. In addition to traditional on-premises deployments, Strategy provides a range of cloud-based services and managed offerings that allow customers to leverage the power of its analytics tools without managing complex infrastructure.

Founded in 1989 by Michael J.