MSTR Stock Surges 5% as Bitcoin Bounces Back—Wall Street Pretends It Saw This Coming

MicroStrategy's gamble on Bitcoin pays off—again—as the crypto rebound fuels a 5% rally in MSTR shares. Who needs diversification when you've got diamond hands and a CFO who treats treasury management like a Vegas high roller?

The Bitcoin Leverage Play

Nobody loads up on BTC quite like Michael Saylor's software-turned-crypto-holding-company. This week's price pop proves the strategy still works—until it doesn't.

Wall Street's Selective Amnesia

Analysts now cheer the 'visionary' capital allocation they called reckless six months ago. Funny how a green candlestick turns skeptics into believers.

MSTR eyes Strategy’s BTC bet

Worth noting, however, that MSTR’s Tuesday pump was stirred by the announcement of new preferred stock, Stride (STRD), to acquire more BTC. According to Metaplanet’s Dylan LeClair, the move WOULD allow Strategy to raise more capital. 

“$STRD is $STRF without all of the protections in place; non-cumulative, non-mandatory dividends, junior to $STRF. Saylor is coming for the entire fixed income market.”

Another MSTR analyst, Jeff Walton, echoed LeClair’s outlook, terming it “history in the making.”

With the STRD, STRF, and the class A stock MSTR, the firm still has a massive capital capacity war chest to aggressively drive its BTC buying plan.   

Strategy now has 580,955 BTC worth $60 billion with an acquisition cost of $40 billion. That means that the firm is sitting on unrealized profits of $20 billion at current prices. 

MSTR’s stock surged by 5% and closed Tuesday’s session at $387. However, at press time, the stock gave back some of the gains. Unsurprisingly, in Q2, MSTR was up 28% compared to BTC’s gains of 22%. 

Source: MSTR (TradingView)

Even so, QCP Capital cautioned that June and Q3 could remain bumpy for BTC amid renewed tariff headlines and U.S debt ceiling debate. The firm added,

“Q3 could bring more turbulence. Tariffs may start to hit macro data, and fiscal noise around the “Big Beautiful Bill” and debt ceiling could stir headline volatility. Without a strong catalyst, $BTC may continue to drift within its current range.”

If so, MSTR stock’s close correlation with bitcoin may suffer some losses. At press time, the stock was valued at $376, down 3% following BTC’s brief dip below $105k.