According to @saylor, MicroStrategy's (MSTR) 10-day realized volatility has sunk to its lowest level since the company began its Bitcoin (BTC) acquisition strategy in 2020, a data point highlighted by Jeff Park of Bitwise Asset Management. The stock's implied volatility (IV) is also near historic lows at 48.33%, signaling market expectations for reduced price swings. For traders, this volatility compression may diminish MSTR's long-held appeal as a high-beta proxy for Bitcoin, potentially driving capital towards more volatile crypto-linked assets. Supporting this view, MSTR's BTC accumulation has slowed, with its latest weekly purchase being the smallest since March. The company currently trades at a 1.83x multiple to its Bitcoin net asset value (mNAV) and has paused its at-the-market equity offerings for four consecutive weeks, suggesting a potential shift in strategy and market perception.

According to Michael Saylor on Twitter, MSTR (MicroStrategy) has increased by more than 3000% since it adopted the Bitcoin Standard, highlighting the company's aggressive Bitcoin accumulation strategy and its significant impact on MSTR stock performance. Traders should note that MSTR's price movement remains closely correlated with Bitcoin, making it a leveraged proxy for Bitcoin exposure in equities markets (Source: Michael Saylor, Twitter, May 1, 2025).