microstrategy.com - הכנסה לפני ניכוי ריבית, מסים ופחת MSTR

MicroStrategy combines profitable BI software with the role of a crypto fund, expanding its assets through leveraged funds. An EBITDA breakdown confirms this potential, with the metric standing at 1.33. Risks are linked to mining ESG standards and the specific valuation of shares as a premium to Bitcoin, which leaves the business dependent on cheap debt and digital currency volatility.

The metric is based on an analysis of cash flows from operating activities, adjusted for depreciation and amortization. It measures the business's actual ability to generate cash before accounting for debt obligations. For MicroStrategy (MSTR), this flow is secondary to the strategy of accumulating Bitcoin through cheap leveraged capital. The speculative nature of share issuance renders operating profit merely a basic foundation. The EBITDA_Co valuation trend helps determine the risk of overpaying for the asset.