MicroStrategy Stock Forecast: Has the Bitcoin Buying Spree Finally Ended?

Summary:
• MicroStrategy pauses Bitcoin purchases, raising questions about its strategy . Will the buying spree resume, or is a shift underway?

MicroStrategy (NASDAQ: MSTR) has been one of the most aggressive institutional Bitcoin buyers, accumulating 471,107 BTC as of February 5, 2025; however, recent reports suggest the company has paused its Bitcoin purchases, raising questions about the stock’s future.

With MSTR consolidating after a major rally, investors are wondering whether this signals a shift in strategy or just a temporary break. Here’s a look at what’s happening and how it could impact MicroStrategy’s stock price.

Has MicroStrategy Stopped Buying Bitcoin?

MicroStrategy’s Bitcoin approach has significantly influenced its stock performance, but recent reports suggest that the company has not acquired any new Bitcoin in 2024. This represents a significant change for a company that continuously purchased BTC during market phases, including during declines.

There are a few possible reasons for this pause:

• Market Conditions: Bitcoin prices have seen significant volatility, and MicroStrategy may be waiting for more favorable entry points.
• Regulatory Factors: Increased scrutiny on corporate Bitcoin holdings could be influencing decision-making.
• Debt Management: The company has raised funds through convertible debt and stock offerings to buy BTC. A pause might indicate a focus on financial stability.

If this trend continues, it could change how investors view MSTR, shifting focus back to earnings and company fundamentals rather than just Bitcoin exposure.

MSTR Stock Analysis: Can Bulls Regain Momentum?

MicroStrategy stock surged from around $100 in early 2023 to over $550 before pulling back. It is currently trading near $348, struggling to break out of its current range.

Key Support and Resistance Levels

• Resistance: $364, $444, $552
• Support: $344, $323, $280

The MACD is in bearish territory, indicating a loss of upside momentum, while the RSI at 49.47 suggests neutral conditions.

What’s Next for MSTR?

• Bullish Scenario: If MSTR reclaims $364, it could push toward $444, particularly if Bitcoin starts gaining momentum again.
• Bearish Scenario: A break below $344 could lead to a drop toward $323 or even $280, depending on broader market sentiment.

Will MicroStrategy Resume Bitcoin Purchases?

The biggest question for investors is whether MicroStrategy’s pause in Bitcoin accumulation is temporary or a long-term shift. If the company resumes buying, MSTR could regain strong upside potential. However, if it shifts focus to financial sustainability and balance sheet management, the stock may trade more in line with traditional tech stocks rather than crypto assets.

Conclusion

MicroStrategy remains highly correlated with Bitcoin, but its recent pause in purchases introduces new uncertainty. Traders should watch $344 support and $364 resistance to gauge the next move.

If the company announces new BTC purchases, expect MSTR to rally alongside Bitcoin. But if the buying spree is over, investors may start focusing more on fundamentals and earnings rather than just crypto exposure.