MicroStrategy Inc. (NASDAQ:MSTR) shares have been steadily climbing over the past month, driven by continued momentum in its Bitcoin-centric strategy and recent earnings activity.

What To Know: This week, the company reported first-quarter revenue of $111.07 million, falling slightly below analyst expectations, while posting a significant adjusted loss of $16.53 per share.

Despite this, MicroStrategy’s Bitcoin holdings, now totaling 553,555 BTC, have helped reinforce investor confidence. Year-to-date, the firm has acquired over 15,000 Bitcoin at an average price of $92,737, funded primarily through its ongoing stock offerings.

Additionally, MicroStrategy raised its 2025 targets for both Bitcoin yield and dollar gains, aiming for a 25% yield and $15 billion in BTC-related returns. Meanwhile, Canaccord Genuity raised its price target on the stock from $409 to $464.

MSTR Price Action: Microstrategy shares were up 3.63% at $395.47 at the time of writing, according to Benzinga Pro.

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