13 Best Software Stocks to Buy Now

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10. Strategy Incorporated (NASDAQ:MSTR)

1-Year Return as of June 16: 154.01%

Number of Hedge Fund Holders as of Q1 2025: 33

Strategy Incorporated (NASDAQ:MSTR) is one of the 13 best software stocks to buy now. On June 16, the company confirmed the addition of $1 billion worth of Bitcoin into its portfolio. The company acquired 10,100 bitcoin during the week ending June 15, as the Israel-Iran conflict continues to pressure the markets.

The purchase came on Bitcoin dropping from $110,000 to a low of $103,639 on June 12. Strategy leveraged the pullback to purchase the flagship cryptocurrency as Israel continues to strike Iranian nuclear facilities, sending shockwaves in the equity markets. The purchase also came as Strategy’s third bitcoin-backed preferred stock started trading on the NASDAQ on June 11.

Following the purchase, Strategy’s total holding now stands at 592,100 BTC, acquired for about $41.8 billion at an average price of $70.666 per coin.

Strategy Incorporated (NASDAQ:MSTR) provides cloud-native, AI-powered enterprise analytics software. It is also the world’s first and largest Bitcoin Treasury Company, holding Bitcoin as its primary treasury reserve asset. The company leverages its software expertise and Bitcoin strategy to explore innovation in business intelligence and applications.

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