MSTR Stock

Shares of Strategy (MSTR) fell sharply, dropping over 7% in early trading as Bitcoin itself tumbled below $90,000.

Strategy (MSTR) stock roared above $189 this morning as renewed bitcoin strength and continued corporate BTC purchases drove demand.

Strategy shares (MSTR) jumped after MSCI decided not to exclude bitcoin-heavy firms from its indexes.

Strategy purchased 10,624 bitcoin for about $963 million last week, lifting its total holdings to 660,624 BTC as shares edged higher alongside a modest rebound in bitcoin prices.

TD Cowen analysts warn that Strategy’s stock may stay under pressure as they expect MSCI to formally decide by mid-January to remove PBTCs like Strategy from all its indexes in February.

Michael Saylor took to X to dismiss concerns about MSCI-driven outflows, emphasizing that Strategy is an operating company with a $500 million software business and a $7.7 billion Bitcoin-backed digital credit program.

Strategy released its third-quarter earnings and reported a year-to-date Bitcoin yield of 26%, generating $12.9 billion in gains amid the ongoing 2025 crypto bull market.

A deep dive into the three strategic models emerging in corporate Bitcoin treasury companies, from pure-play credit issuers to hybrid operators, based on Michael Saylor’s latest thinking.

Strategy (MSTR) shares fell 3.6% to $319.84 as Bitcoin’s 2% decline dragged down crypto-related stocks.

Bitcoin treasury companies can no longer rely on holdings alone to stand out. Jurisdiction, capital strategy, and leadership now define shareholder trust and mNAV.