12 Large-Cap Stocks Insiders Were Buying in Q1 2025 Before Trump’s Tariff Shockwave

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7. Strategy Incorporated (NASDAQ:MSTR)

Market cap: $84.74 billion

MicroStrategy Incorporated, founded in 1989 and based in Tysons Corner, Virginia, provides AI-powered enterprise analytics software and services worldwide. Its platform helps businesses and governments access real-time insights through tools like Strategy One and HyperIntelligence, while also offering support, consulting, and educational services. The company is also involved in bitcoin development and investment.

On March 20, Strategy Incorporated announced the pricing of its offering of 8.5 million shares of 10.00% Series A Perpetual Strife Preferred Stock at a public offering price of $85.00 per share. The company’s CEO, Phong Le, used the offering to acquire 6,000 shares. During the offering, three insiders, the president and CEO, along with the CFO, purchased $680,000 worth of Strategy Incorporated shares. Year-to-date the stock is up 19.37% trading at $345.73 per share. Over the past 12 months, Strategy Incorporated stock gained 173.15%.

In 2024, MicroStrategy achieved a BTC Yield of 74.3% and set a 2025 target of over 15%, using this metric to evaluate the effectiveness of its bitcoin acquisition strategy. The company reported a BTC Gain of 140,538 for the year and aims for a $10 billion BTC Gain in 2025. As of year-end, MicroStrategy held approximately 447,470 bitcoins valued at $41.8 billion, with a cost basis of $28 billion, and began reporting bitcoin holdings at fair value under new accounting rules starting January 1, 2025.

In Q4 2024, MicroStrategy reported total software revenues of $120.7 million, down 3% year-over-year, though subscription services saw strong growth of 48.4%. Gross profit for the quarter was $86.5 million, with a margin of 71.7%, down from 77.3% the previous year. Despite revenue in some areas increasing, the company recorded a net loss of $670.8 million—largely due to a $1 billion impairment on digital assets—compared to an $89.1 million profit in Q4 2023.

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