MSTR is trading at $163.19 after a blistering 30%+ surge in three sessions, with B. Riley raising its target to $195 and Wall Street consensus sitting at $228–$240. The $169.98 resistance wall is t...
MSTR is printing $163.19 as of early September 25, up 3.60% in the last 24 hours, and the context here matters enormously. This stock ripped from $126.18 on September 16 to an intraday peak of $171.19 on September 22 — a 33% move in under a week — before pulling back to digest. What we're watching now is whether this consolidation phase builds the base for the next leg higher, or whether the stock gets capped under heavy technical resistance.
The catalyst driving all of this is not complicated: Strategy (formerly MicroStrategy) just disclosed that it added 950 Bitcoin using existing cash, bringing total holdings to 846,000 BTC acquired at an aggregate cost of $63.80 billion and an average price of $75,416 per coin. At current Bitcoin levels, that treasury is showing a gain. Simultaneously, the company repurchased $174 million of its STRC preferred stock — a capital allocation signal that management is actively managing its leverage stack rather than just piling on exposure blindly. That combination of accumulation and liability reduction is exactly the kind of dual signal that gets institutional investors leaning in. Traders following the MSTR setup are well-advised to track macro developments on Blockchain.news, where Bitcoin's trajectory and Strategy's treasury updates consistently drive the narrative ahead of Wall Street's formal coverage.
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