Loading article…
MicroStrategy shares rose 8% to $95, rebounding from a 52‑week low of $81.81 as the board approved a $1.25 billion Bitcoin monetization plan, sparking renewed
MicroStrategy (NASDAQ:MSTR) surged 8% to about $95 on July 1, snapping a steep decline and breaking out from a 52‑week low of $81.81 after the board authorized a $1.25 billion Bitcoin monetization program and $2 billion in buybacks [4].
| At a glance | |
|---|---|
| Price | $95 (up 8%) |
| 52‑week low | $81.81 |
| Catalyst | $1.25 B Bitcoin monetization program & $2 B buybacks |
| Bitcoin holding | 847,363 BTC at $75,651 avg cost (underwater) |
The new program directs fresh capital into Bitcoin, effectively resetting the company’s “never‑sell” stance. With 847,363 BTC on its balance sheet—averaging a cost of $75,651 per coin—the treasury is underwater as Bitcoin trades near $59,000, compressing the market‑adjusted NAV (mNAV) toward a 1× multiple [4]. The financing model, which previously relied on equity issuances to fund purchases, is being replaced by a direct monetization plan that could stabilize the mNAV if Bitcoin recovers.
MSTR’s price has collapsed from a 2024 high of $457.22 to the current $95, an 82% drop, mirroring Bitcoin’s own slump from its $63,495 peak a year ago [1]. Despite the steep decline, the stock remains above its 200‑day moving average of $233.32, indicating a long‑term uptrend that survived the recent volatility [2]. Analyst consensus still targets $328.67, with a wide range of $146 to $570, reflecting divergent views on the company’s upside tied to Bitcoin’s performance [2].
| Metric | Value |
|---|---|
| Avg. Bitcoin cost | $75,651 |
| Current Bitcoin price | ~$59,000 |
| mNAV multiple | ~1× (compressed) |
The bounce underscores how tightly MicroStrategy’s equity is linked to Bitcoin’s trajectory and to board‑level financing decisions. Whether the $1.25 billion program can sustain a recovery or merely provides a temporary lift remains an open question for investors tracking the crypto‑adjacent stock.
Coverage is mostly measured — 158 of 169 reports stay neutral.
Every Monday — the token unlocks, Fed dates & catalysts set to move crypto and markets this week. So you’re never blindsided.
Free · 3-min read · one-click unsubscribe
AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 4 outlets · Jul 5, 2026 · How we report
MicroStrategy treats Bitcoin as its primary treasury asset, using a combination of equity and credit instruments to accumulate holdings while managing liquidity for corporate obligations.
While the firm has historically emphasized long-term accumulation, reports indicate that it has engaged in Bitcoin sales to strengthen dollar reserves and cover dividend payments.
The company raises capital primarily through at-the-market sales of common stock and the issuance of perpetual preferred shares.
MicroStrategy stock often mirrors the performance of Bitcoin, with both assets frequently rising or falling in tandem during market shifts.