Strategy Inc (NASDAQ:MSTR) stock is falling on Friday as a result of profit-taking and Bitcoin (CRYPTO: BTC) prices falling below the $80,000 mark in the last 24 hours.
On Thursday, Strategy shares traded higher by more than 13%. The advance occurred as Bitcoin prices hit $80,000 amid lower yields and a weaker dollar. The Nasdaq is down 0.44% while the S&P 500 has shed 0.48%.
Federal Reserve Comments
Federal Reserve Governor Christopher Waller stated that he is inclined to support holding interest rates steady.
These comments may have supported the speculative asset by easing concerns about tighter monetary policy and improving risk appetite.
On Thursday, B. Riley Securities maintained a Buy rating on Strategy and raised its price forecast to $175.
Enterprise AI Partnership Launch
Strategy and Google Cloud launched the AI Transformation Forum, a seven-city U.S. executive series focused on helping organizations scale AI with trusted data, governance, and business context.
The events will take place this fall in New York City, Boston, Washington, D.C., Sunnyvale, California, Chicago, Dallas, and Atlanta for senior data, IT, and AI leaders. The forums will address enterprise data, semantic layers, AI governance, token and compute efficiency and strategies for moving AI from pilots to production.
Technical Analysis
From a trend perspective, MSTR is still holding a constructive intermediate setup: it’s trading 21.9% above the 20-day SMA ($115.40) and 36% above the 50-day SMA ($103.45), which signals the rebound off the June swing low is still intact. At the same time, price is only 1.2% above the 200-day SMA ($139.07), making this area a “decision zone” where breakouts or rejections can happen quickly.
The bigger-picture backdrop is still conflicted, though, because the 50-day SMA remains below the 200-day SMA (the death cross that formed in October 2025). That’s one reason traders may treat rallies as tradable bounces until the stock can build acceptance above the longer-term trend gauges, especially after the August swing high and the steep 12-month drawdown of 57.15%.
- Key Resistance: $149.50 — a nearby pivot area that can cap rebounds, sitting above the current price and below the 200-day EMA ($153.79)
- Key Support: $118.50 — a prior buyer-defense zone that also sits near the broader uptrend off the June low
MSTR Price Action: Strategy shares were down 4.18% at $138.76 at the time of publication on Friday, according to Benzinga Pro data.
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