MSTR Stock Rebounds at Support as BTC Nears $90K, Despite JP Morgan Attack on Strategy
MicroStrategy's shares have gained pace due to the resurgence of Bitcoin, which supports the company's audacious and unshakable dedication..
Quick overview
- MicroStrategy's shares have surged as Bitcoin's recovery boosts investor confidence in the company's Bitcoin-first strategy.
- Despite recent market fluctuations, MicroStrategy's stock is showing signs of consolidation and strong support around the $170 level.
- Michael Saylor reaffirms MicroStrategy's commitment to Bitcoin, emphasizing its long-term potential over traditional assets.
- The company continues to expand its Bitcoin holdings and institutional ties, with significant investments from major financial entities.
MicroStrategy’s shares have gained pace due to the resurgence of Bitcoin, which supports the company’s audacious and unshakable dedication to its Bitcoin-first approach.
Bitcoin Recovery Reignites MSTR Momentum
Despite continued fluctuations in global markets and a recent downturn in cryptocurrencies, MicroStrategy (NASDAQ: MSTR) has reaffirmed its resilience through its long-standing Bitcoin-focused strategy. Over the past four months, the stock came under significant pressure, dropping more than 50% as Bitcoin briefly retreated to $81,000. However, sentiment shifted quickly when BTC recovered toward $90,000, restoring confidence among investors.
This renewed optimism translated into strong performance for MSTR, which rebounded $13 from its lows and climbed more than 5% in a single session. The move once again highlighted the stock’s close relationship with Bitcoin and the determination of long-term holders who continue to back the company’s unique vision.
Technical Structure Supports A Potential Reversal
The recent pullback in MicroStrategy’s share price is increasingly viewed as a period of consolidation rather than a reversal in trend. The stock found solid demand around the $170 level, which coincides with the 100-week simple moving average — an area now acting as strong support.
MSTR Chart Weekly – The Support Seems to Be Holding?
This level aligns with Bitcoin’s rebound from above $80,000, strengthening the idea that both assets have created a reliable demand zone. If Bitcoin manages to reclaim the $100,000 milestone, analysts believe MSTR could push back toward the $200 region in the near term, with longer-term projections stretching to $460.
JP Morgan Premeditated Attack
Grant Cardone, a real estate investor, has joined demands to boycott JPMorgan from the cryptocurrency community. This follows the bank’s warning that removing Strategy from MSCI indices might result in outflows of up to $2.8 billion. JPMorgan analysts added that if other index providers follow MSCI’s example, withdrawals might total $8.8 billion.
Because of its apparent connections to Jeffrey Epstein and Lolita Express, JPMorgan has come under increased criticism. The bank’s supervision of Epstein’s financial operations has drawn criticism from Congress. JPMorgan’s public image has been further complicated by allegations that its executives were involved in Epstein’s operations.
Leadership Renews Long-Term Conviction In Bitcoin
Michael Saylor, Executive Chairman of MicroStrategy, remains unwavering in his belief that Bitcoin is superior to traditional stores of value. In a recent interview with CNBC, he confirmed that the company has been “buying quite a lot” of Bitcoin and continues to view it as a long-term outperformer compared to gold and the S&P 500.
Saylor has repeatedly emphasized that MicroStrategy’s evolution from a software firm to a Bitcoin-focused enterprise is deliberate, long-term, and built around the idea of digital scarcity and monetary transformation.
Capital Strategy And Institutional Ties Continue To Expand
In a move designed to strengthen its financial position, Strategy Inc., an affiliate of MicroStrategy, issued 3.5 million euro-denominated Series A Perpetual Stream Preferred Shares (STRE) on November 3, offering a 10% annual dividend to institutional investors in the EEA and the U.K. Proceeds are expected to be used for additional Bitcoin purchases and corporate expansion.
At the same time, the company has drawn scrutiny from major financial institutions. JPMorgan warned that MicroStrategy could experience outflows of up to $2.8 billion if removed from the MSCI indices, and as much as $8.8 billion if other providers take similar action. Figures such as Grant Cardone and Max Keiser have accused JPMorgan of targeting MSTR shareholders, claiming that the bank’s stance represents a broader challenge to the Bitcoin movement.
Holdings And Earnings Highlight Growing Scale
MicroStrategy now holds 649,870 BTC, valued at approximately $56 billion, accumulated at an average price of $74,433 per Bitcoin. This aggressive accumulation continues to strengthen the company’s position as one of the largest corporate holders of Bitcoin in the world.
Institutional confidence has also increased. CalSTRS, one of the largest pension funds in the United States, recently disclosed a $133 million investment in MSTR, a move widely seen as an endorsement of its Bitcoin-based business model.
The company’s Q2 2025 financials reflect this momentum:
- Net income: $10.02 billion
- EPS: $32.60
- Revenue: $114.5 million
- Operating income growth: 7,100% year-over-year
Much of this performance was supported by the release of the Perpetual Stretch Preferred Stock (STRC), a Bitcoin-backed financial product tailored to investors seeking yield and exposure to digital assets.
Conclusion: MicroStrategy remains one of the most unconventional yet committed players in modern finance. While volatility and controversy continue to follow its strategy, the company’s expanding Bitcoin holdings, innovative funding methods, and growing institutional backing suggest that its long-term bet is strengthening, not fading. As Bitcoin regains momentum, MicroStrategy appears positioned to magnify that upside — further blurring the line between a corporation and a digital-first financial powerhouse.
- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
Save