According to @KobeissiLetter, MicroStrategy (MSTR) is falling toward a new 52-week low and is on track to finish 2025 down 48%, signaling heightened downside momentum into year-end. Source: The Kobeissi Letter, Dec 31, 2025. MicroStrategy holds Bitcoin as its primary treasury reserve asset, making MSTR a widely used equity proxy for Bitcoin (BTC) sentiment among traders. Source: MicroStrategy Investor Relations, Corporate Bitcoin Strategy overview. Approaching a 52-week low places MSTR at a widely tracked reference point used in momentum and breakout strategies, increasing short-term trading focus. Source: George and Hwang, Journal of Finance, 2004.