MSTR ki Bitcoin pe pakad mazboot, par stock se paisa?
MicroStrategy Inc. (MSTR) apne Bitcoin kharidne ke junoon mein rukne ka naam hi nahi le raha! Company ne announcement kiya hai ki unhone $1.57 Billion ke 22,337 Bitcoins khareede hain. Sabse average price chal raha tha $70,194 per coin. Is deal ke baad, company ke paas ab total 761,068 BTC ho gaye hain. Ye strategy dikhata hai ki MSTR ab Bitcoin ko apna main treasury asset maanta hai.
Paisa kahaan se aaya? Naye shares ka khel!
Ab sawaal ye hai ki itna bada amount aaya kahaan se? Toh bhai, company ne apna preferred stock (STRC series) bech kar $1.1 Billion aur common stock bech kar $396 Million jutaaye hain. Yehi hai MicroStrategy ke business model ka khaas hissa – capital markets se paisa utha kar crypto khareedna.
Jab ye khabar aayi, tab tak Bitcoin ka price bhi $74,000 ke aas paas pahunch gaya tha, jo ki 3.2% up tha pichhle 24 ghante mein. MicroStrategy ke stock mein bhi pre-market mein tezi dikhi.
Analyst kya bol rahe hain? Kuch chinta, par 'Strong Buy'!
MicroStrategy duniya mein sabse zyada Bitcoin hold karne wali public company hai. Par recent performance mein thoda divergence dikh raha hai. Pichhle ek saal mein MSTR ka stock lagbhag 46.97% gira hai, jabki Bitcoin ne accha perform kiya hai. Iska reason ye hai ki market ko shares badhne (dilution) ki chinta hai.
Lekin Wall Street ke analysts abhi bhi MSTR par bullish hain. Unka collective rating 'Strong Buy' hai aur median price target $368.21 hai, jo current price se kaafi zyada lagta hai.
Chinta ki baat: Dilution aur Valuation
Sabse badi chinta ye hai ki jab company baar baar naye shares bechti hai, toh purane shareholders ka hissa (ownership percentage) kam ho jaata hai. Isse valuation par bhi pressure aata hai. Kuch log yeh bhi sawal utha rahe hain ki MSTR ka market cap kabhi kabhi uske Bitcoin holdings se bhi kam ho jaata hai.
Aage kya hoga?
MicroStrategy ka future toh Bitcoin ke price pe hi depend karta hai. Analysts ko abhi bhi bharosa hai ki Bitcoin long term mein badhega. Company ne apne stock sales agreement mein kuch changes bhi kiye hain jisse woh market ke favourable time mein zyada tezi se capital raise kar sake. Lekin sabse important hai ki Bitcoin ka price upar jaata rahe taaki dilution effect ko cover kiya ja sake.