FWDI vs MSTR
FWDI: A dual-natured company combining a Solana-focused digital asset treasury strategy with a specialized hardware and software engineering design services business. MSTR: MicroStrategy is a hybrid entity that combines an enterprise business intelligence software business with a massive, debt-financed Bitcoin treasury reserve strategy.
Side-by-side fundamentals
| Metric | FWDI | MSTR | Edge |
|---|---|---|---|
| Price as of 2026-10-08 close | $7.18 | $151.47 | |
| Market cap | $530M | $58.2B | |
| Net margin FY2025, SEC XBRL | -918.1% | -806.3% | MSTR higher |
| Gross margin FY2025, SEC XBRL | +28.5% | +68.7% | MSTR higher |
| Operating margin FY2025, SEC XBRL | -46.1% | -1140.8% | FWDI higher |
| ROE FY2025, SEC XBRL | -11.4% | -8.7% | MSTR higher |
| ROA FY2025, SEC XBRL | -11.3% | -6.2% | MSTR higher |
| Debt / equity as of 2026-09-03 | 0.09 | 0.15 | FWDI lower |
| Revenue growth (YoY) as of 2026-09-03 | n/a | +7.8% | |
| Revenue CAGR (3y) SEC XBRL | -21.9% | -1.5% | MSTR higher |
| Dividend yield as of 2026-09-03 | n/a | +2.5% | |
| Dividend streak (yrs) SEC XBRL | 0 | n/a | |
| Beta as of 2026-09-03 | 0.93 | 2.45 | |
| 1-year return as of 2026-10-08 close | -70.8% | -54.2% | MSTR higher |
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.