MSTR Stock Attracts Dip Buyers As BTC Finds Floor at $90K, Lifts MicroStrategy to $210
MicroStrategy’s unwavering Bitcoin-first strategy is paying off again as BTC’s rebound boosts investor sentiment and lifts MSTR shares...
Quick overview
- MicroStrategy's Bitcoin-first strategy is yielding positive results as BTC's rebound boosts investor sentiment and MSTR shares rise over 6%.
- The stock found strong support near $190, indicating a healthy consolidation rather than a trend change, with potential for further gains if Bitcoin surpasses $100,000.
- Executive Chairman Michael Saylor emphasizes the company's long-term commitment to Bitcoin as a foundational asset, rejecting short-term pessimism.
- MicroStrategy's recent financial performance, including a net income of $10.02 billion, reinforces its Bitcoin-centric approach and attracts institutional interest.
MicroStrategy’s unwavering Bitcoin-first strategy is paying off again as BTC’s rebound boosts investor sentiment and lifts MSTR shares sharply higher.
MicroStrategy Gains Momentum as Bitcoin Rebounds
Despite global market swings and the recent pullback in cryptocurrencies, MicroStrategy (NASDAQ: MSTR) remains firmly committed to its Bitcoin-centered corporate strategy. The stock initially came under pressure early this week, dipping nearly 5% as Bitcoin briefly fell under $90,000. However, as BTC reversed higher toward $94,000, sentiment improved quickly.
The rebound sparked a strong move in MSTR, which jumped above $210 and climbed more than 6% on the session, underscoring its tight correlation with Bitcoin and the persistent confidence of long-term holders.
Technical Picture: Support Levels Inspire Optimism
From a technical standpoint, the recent pullback appears more like a healthy consolidation than a structural trend change. MSTR found strong buying interest near $190 — a key level that previously served as the 2024 high and has now flipped into firm support. The alignment of this support with Bitcoin’s bounce from $90,000 reinforces the idea of a strong demand zone for both assets.
MSTR Chart Weekly – Will the Support Hold?
Analysts note that if Bitcoin reclaims the $100,000 mark, MSTR could accelerate higher, with bullish objectives still pointing toward $460 — the 2025 high — and $544, representing the 2024 peak.
Leadership Vision: Saylor Reaffirms Long-Term Commitment
Executive Chairman Michael Saylor remains a driving force behind MicroStrategy’s transformation. He continues to advocate for Bitcoin as a superior long-term store of value and a foundational treasury asset. Rejecting short-term pessimism, Saylor has reiterated that the company’s shift from software to a Bitcoin-powered enterprise is intentional, strategic, and built for decades ahead.
In a recent CNBC interview, he confirmed that the company has been “buying quite a lot” of Bitcoin, expressing confidence that the asset will outperform gold and the S&P 500 over the long horizon.
Financial Innovation: Targeting Institutions With New Instruments
MicroStrategy’s affiliate, Strategy Inc., is broadening the company’s financing capabilities. On November 3, it issued 3.5 million euro-denominated Series A Perpetual Stream Preferred Shares (STRE), offering a 10% annual dividend exclusively to institutions in the EEA and U.K.
The proceeds will be directed toward additional Bitcoin purchases and corporate initiatives, further aligning the company’s capital structure with its digital-asset mission.
Expanding Bitcoin Holdings: Institutional Confidence Rising
The company’s Bitcoin holdings continue to grow at an impressive pace. Strategy now owns 649,870 BTC, valued at approximately $61.7 billion, accumulated at an average price of $74,433. This long-term accumulation strategy keeps strengthening the company’s balance sheet.
Institutional interest is also accelerating. CalSTRS — one of the largest pension funds in the United States — recently revealed a $133 million stake in MSTR, a move seen as a major endorsement of the firm’s Bitcoin-integrated model.
Financial Performance: Strong Earnings Reinforce the Strategy
MicroStrategy’s Q2 2025 earnings confirmed the momentum behind its Bitcoin-first approach:
- Net income: $10.02 billion
- EPS: $32.60 (far above expectations)
- Revenue: $114.5 million
Operating income: up 7,100% YoY
A substantial driver of this performance was the launch of the Perpetual Stretch Preferred Stock (STRC), a Bitcoin-backed security that raised $2.5 billion within days — a clear signal of institutional interest in regulated crypto-linked products.
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