MicroStrategy STRC preferred shares. Photo by BeInCrypto MicroStrategy’s preferred share strategy is drawing fresh attention this week as STRC once again approaches the $100 mark. The move revives memories of early November when the stock held par for four trading days and generated roughly $100 million in ATM sales. How STRC Preferreds Let MicroStrategy Grow Bitcoin Holdings with Minimal Dilution Investors and analysts are closely watching as the Strategy leverages its STRC preferreds to accumulate Bit ...

Group 1 - The executive chairman of Strategy Inc. highlights that Bitcoin makes the stock interesting, but there is a 76% probability that the company will be removed from the MSCI index by March 31 [1][5] - The options interest-to-market cap ratio for MSTR is at 86.2%, significantly higher than that of major companies like Tesla (22%), Meta (10.4%), and Nvidia (7.2%) [2] - Major tech companies such as Alphabet, Amazon, Apple, and Microsoft have much lower options exposure, clustering around 3-4%, indicating MSTR's extreme derivatives positioning relative to its market size [3] Group 2 - A large options expiry on January 2 could increase short-term volatility, although MSTR's returns have lagged behind its mega-cap peers despite high options activity [4] - Traders on Polymarket are anticipating structural pressure on Strategy's equity narrative as 2026 approaches, with concerns over classification and index eligibility [5] - The likelihood of MicroStrategy announcing Bitcoin holdings above 680,000 BTC by January 31 is at 64%, down from recent highs, indicating a decrease in confidence regarding aggressive Bitcoin disclosures [5][6] Group 3 - MSTR's stock is currently up 3.70% but remains in a downtrend after a 66% decline from its peak near $460 in late July [9] - The nearest overhead resistance is at $167.67, represented by the 20 EMA, followed by the 50 EMA at $202.78 [9] - The Supertrend indicator has turned bearish at $181.47, reinforcing the current downtrend, with recent price action showing consolidation in the $150-$160 range [10]

Core Insights - Retail investors have shown significant interest in five stocks this week, driven by retail hype, AI advancements, and corporate news [1] Group 1: Target Corp. (NYSE:TGT) - Target was highlighted after activist investor Toms Capital Investment Management acquired a significant stake, which is seen as a potential catalyst for operational changes [5] - The stock is trading around $97 to $99 per share, with a 52-week range of $83.44 to $145.08, and has declined by 28.75% in 2025 and 7.30% in the last six months [6] Group 2: Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) - Retail investors are bullish on TSM ahead of its earnings release later this month [4] Group 3: Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) - GOOG is trading around $303 to $305 per share, with a 52-week range of $134.25 to $313.98, and has returned 50.75% in 2025 and 30.09% in the last six months [10] - The stock has shown strong performance driven by AI advancements, cloud growth, and progress in Waymo, outperforming its peers [10] Group 4: IREN Ltd. (NASDAQ:IREN) - IREN gained attention due to discussions about using Ukraine's Zaporizhzhia nuclear power plant for cryptocurrency mining, which could impact U.S. bitcoin production [16] - The stock is trading around $36 to $38 per share, with a 52-week range of $5.12 to $76.87, and has risen 261.09% in 2025 [17] Group 5: Strategy Inc. (NASDAQ:MSTR) - MSTR announced the purchase of 1,229 Bitcoin for approximately $108.8 million, increasing its holdings to 672,497 BTC [17] - The stock is trading around $150 to $152 per share, with a 52-week range of $151.42 to $457.22, and has declined by 49.35% in 2025 [19] Group 6: Market Context - The retail focus has combined meme-driven narratives with earnings outlooks and corporate news, amidst negative market action in the S&P 500, Dow Jones, and Nasdaq [18]

Core Viewpoint - Retail investors are actively discussing five notable stocks driven by retail enthusiasm, AI developments, and corporate news, including Target Corp., Taiwan Semiconductor Manufacturing Co., Alphabet Inc., IREN Ltd., and Strategy Inc. [1] Group 1: Target Corp. (NYSE:TGT) - Target was highlighted after activist investor Toms Capital Investment Management acquired a significant stake, which investors viewed as a potential catalyst for operational changes to unlock long-term value [5] - Target reaffirmed its commitment to improving its merchandise and shopping experience, indicating a focus on returning to growth [5] - The stock had a 52-week range of $83.44 to $145.08, trading around $97 to $99 per share, with a decline of 28.75% in 2025 and 7.30% in the last six months [6] Group 2: Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) - Retail investors expressed bullish sentiment ahead of TSM's earnings release later in the month [4] Group 3: Alphabet Inc. (NASDAQ:GOOG) - Alphabet's stock had a 52-week range of $134.25 to $313.98, trading around $303 to $305 per share, with a return of 50.75% in 2025 and 30.09% in the last six months [10] - The stock showed strong performance among its peers, driven by advancements in AI, cloud growth, and progress in Waymo [10] Group 4: IREN Ltd. (NASDAQ:IREN) - IREN gained attention due to discussions about using Ukraine's Zaporizhzhia nuclear power plant for cryptocurrency mining, which could impact U.S. bitcoin production [16] - The stock had a 52-week range of $5.12 to $76.87, trading around $36 to $38 per share, with a significant rise of 261.09% in 2025 [17] Group 5: Strategy Inc. (NASDAQ:MSTR) - MSTR announced the purchase of 1,229 Bitcoin for approximately $108.8 million, increasing its holdings to 672,497 BTC [17] - Retail investors were cautious about investing in MSTR following its performance in 2025 [17] Group 6: Market Context - The retail focus combined meme-driven narratives with earnings outlooks and corporate news, as major indices like the S&P 500, Dow Jones, and Nasdaq experienced negative market action, missing the Santa Claus rally [18]

Group 1 - Bitcoin has broken the psychological barrier of $90,000, trading at $90,742 with a 3.2% increase, marking a reversal from the selling pressure observed during U.S. trading hours in Q4 2025 [1] - The end of tax-loss harvesting, which had driven Bitcoin down by 23% in Q4, is reflected in the recent price action [1] - Buying volume increased significantly at 09:30 ET, contrasting with the previous sell-off pattern, and futures open interest rose by 2.16% to $130 billion, indicating renewed appetite for leverage [2] Group 2 - MicroStrategy is believed to have established a local price floor by purchasing 1,229 BTC at an average price of $88,568, which helped defend the price range ahead of the New Year [3] - Miners, such as Hut 8, are outperforming the spot market, with Hut 8's stock rallying nearly 15% to $50.73 [3] - The crypto market is starting 2026 positively, driven by renewed institutional interest, clearer regulations, and faster ETF approvals, which have boosted confidence, particularly in Bitcoin and Ethereum [4] Group 3 - Prediction markets remain cautious despite the recent rally, with only 26% odds assigned to Bitcoin exceeding $150,000 in 2026, indicating a preference for a consolidation year [5] - Immediate resistance for Bitcoin is identified at the Q4 2025 breakdown level of $92,500 [5] - The recent price action suggests that the "tax drag" is no longer a factor, and if U.S. institutions are indeed risk-on, a rotation into high-beta altcoins and miner equities is expected to outpace spot Bitcoin in the short term [6]

Core Viewpoint - Bitcoin-related stocks experienced a pre-market rally, with significant gains observed across various companies as Bitcoin price surged past $89,900, marking an increase of over 1.4% in a single day [1] Group 1: Company Performance - Strategy (MSTR.US) saw an increase of over 1.4% [1] - Circle (CRCL.US) rose by more than 1.9% [1] - Coinbase (COIN.US) experienced a gain of over 1.8% [1] - Mara Holdings (MARA.US) increased by more than 1.9% [1] Group 2: Bitcoin Price Movement - Bitcoin price briefly surpassed $89,900, reflecting a daily increase of over 1.4% [1]

Core Viewpoint - Strategy (formerly MicroStrategy) has experienced a significant decline in its stock price, closely correlated with the downturn in Bitcoin prices, highlighting the volatility and risks associated with its investment strategy in digital assets [1][2][4]. Stock Performance - Since October 6, 2025, MSTR shares have fallen from $360 to $151.86, representing a nearly 58% decrease in less than three months [2]. - The current market capitalization of Strategy is approximately $47.2 billion, reflecting a loss of around $53 billion [3]. - MSTR stock is trading at its 52-week lows and would rank as the sixth worst-performing stock in the S&P 500 if it were included, with a 47.5% decline in 2025 [6][10]. Bitcoin Holdings - Despite the stock decline, Strategy still holds approximately $60 billion worth of Bitcoin, indicating that the company is trading at about 21% below the value of its Bitcoin holdings [3]. - Even if Bitcoin prices were to drop to $75,000, the Bitcoin portfolio would still be valued at roughly $50 billion, with no collateral-backed Bitcoin debt [7]. Strategic Implications - The decline in MSTR shares illustrates the relationship between Bitcoin and the company's market performance, particularly given the aggressive Bitcoin investment strategy promoted by executive chairman Michael J. Saylor [4]. - The volatility in the interplay between Bitcoin and premium valuation may prompt similar companies to reconsider their approaches to digital assets and balance sheets [5].

strategy stock, mstr stock, bitcoin price. Photo by BeInCrypto Strategy (formerly MicroStrategy) stock (MSTR) had a difficult 2025, declining 49.3% as sustained selling pressure drove shares to their lowest level since late September 2024. As 2026 begins, the outlook remains challenging, with the company facing growing uncertainty over a potential exclusion from the MSCI index as the decision deadline looms on January 15. Why (Micro) Strategy's Stock Struggled in 2025 2025 proved to be a tough year for ...

Core Insights - Prenetics Global Limited, a health sciences firm associated with David Beckham, will cease Bitcoin purchases in 2026, indicating a strategic retreat from corporate Bitcoin treasury practices that gained popularity earlier in the cycle [1][7] - The decision to halt Bitcoin acquisitions follows a broader reassessment among public companies after Bitcoin's significant decline in late 2025 [1][2] Group 1: Company Strategy - Prenetics confirmed the end of daily Bitcoin purchases in December 2025 and will not pursue further acquisitions, although it will retain its existing Bitcoin holdings [1] - The shift in strategy reflects a focus on containing balance-sheet risk rather than completely abandoning Bitcoin [4][5] Group 2: Market Context - The decline in Bitcoin's value during November and December 2025 has pressured companies that used their balance sheets for crypto exposure, with MicroStrategy experiencing a stock drop of over 60% in six months [2][3] - This volatility poses reputational and governance risks for non-crypto firms, as boards must justify capital allocation decisions to shareholders who may prefer stable cash deployment [4] Group 3: Financial Performance - IM8, Prenetics' premium health and longevity brand co-founded with Beckham, has shown rapid revenue growth, shifting the company's focus towards operational expansion rather than financial engineering [5]

Core Viewpoint - Peter Schiff has criticized Strategy's heavy investment in Bitcoin, questioning its potential inclusion in the S&P 500 due to a significant decline in performance [1][2] Company Performance - Strategy's stock experienced a 47.5% decline in 2025, which would categorize it among the worst performers if it were part of the S&P 500 [1] - The company's aggressive Bitcoin accumulation has negatively impacted shareholders, undermining the argument that Bitcoin investment is the optimal corporate strategy [2] Market Context - The S&P 500 index saw an overall increase of approximately 17.3% in 2025, following gains of 23.3% in 2024 and 24.2% in 2023, indicating a strong year for the broader U.S. equity market [3] - Despite the overall positive performance of the S&P 500, several large-cap stocks faced significant losses due to specific company challenges and changing market conditions [3] Notable Stock Performances - Fiserv was the worst-performing stock in the S&P 500 in 2025, down roughly 70% after missing earnings expectations and facing client complaints [4] - The Trade Desk followed closely with a decline of around 68%, impacted by slower revenue growth and increased competition [4] - Sarepta Therapeutics experienced a decline of over 80% due to patient deaths and regulatory issues related to its gene therapy treatments [4] - Other notable laggards included Deckers Outdoor, Gartner, and Lululemon Athletica, each losing more than 50% amid weaker forecasts and restructuring efforts [5] Strategy's Stock Movement - Strategy, trading under the ticker MSTR, is not part of the S&P 500 but had a volatile performance in 2025, starting near $300 and gaining about 50% in the first quarter as Bitcoin prices rose [6] - The stock reached an annual high of $457.22 on July 16, 2025, but reversed sharply in the second half of the year as Bitcoin prices fell [6] - By December 31, 2025, MSTR hit an annual low of $151.42, closing the year down approximately 49.35%, making it the worst performer in the Nasdaq-100 [7]