Strategy (MSTR) climbed 7% and now trades near its 200‑day simple moving average, a move closely tied to Bitcoin’s latest upswing. The stock’s valuation remains directly linked to the digital asset’s price, a dynamic that matters for managers active in both markets.
Context and key figures
As of September 18, 2025, MSTR hovered around $350, a few dollars below its 200‑day SMA at $355, according to on-chain data. The stock’s 7% rise reflects Bitcoin’s run, with BTC approaching $118,000 and gaining more than 8% in September, one of its stronger monthly performances since at least 2013 per the same source.
AInvest reports MSTR is up 18% year‑to‑date versus Bitcoin’s 22%, underscoring a high correlation with slight equity underperformance. The 200‑day SMA measures an asset’s average closing price over 200 sessions, helping filter noise and highlight the trend; a move above it often signals improving sentiment, while a failure can intensify corrections, according to on-chain data.
Macro backdrop, technical levels and trading implications
Experts note that the rally is unfolding amid sensitive macro conditions, where upcoming inflation readings and central bank policy decisions could sway liquidity and risk appetite. Volatility and macro data remain pivotal drivers for both instruments. Technically, MSTR’s approach to the 200‑day SMA is a reference for quantitative systems and discretionary traders alike.
A sustained close above $355 would suggest the long‑term trend is recovering, while a rejection near that threshold may trigger a retest and added selling pressure. Bitcoin’s area around $118,000 acts as a psychological and technical resistance, according to the same report.
The tandem momentum in Bitcoin and MSTR points to institutional flows and macro sentiment steering cross‑asset moves. Traders focus on whether MSTR reclaims the 200‑day SMA, recognize that correlation can amplify gains or losses when leverage is involved, monitor macro data that can reverse liquidity, and avoid declaring a cycle change on isolated sessions without technical confirmation.
