According to the source, Michael Saylor said MicroStrategy’s 55 billion dollar Bitcoin BTC position remains undeterred by potential index delisting concerns, signaling no announced change to the company’s BTC accumulation strategy (source: X post dated Nov 21, 2025). This indicates MicroStrategy does not plan to adjust its Bitcoin exposure in response to index-related risks at this time (source: X post dated Nov 21, 2025).

According to the source, JPMorgan warned that MicroStrategy (MSTR) could shed billions if removed from major stock indices, indicating significant deindexing risk for the stock. source: JPMorgan Research Index removal typically forces index-tracking funds to sell the constituent, which can drain liquidity and widen spreads in the affected shares. source: S&P Dow Jones Indices methodology Because MSTR is widely used as a Bitcoin proxy due to its sizable BTC treasury, elevated volatility or forced selling in MSTR could spill over to BTC-related equity baskets and BTC derivatives positioning. source: MicroStrategy investor relations; CME Group Traders should monitor index-provider review calendars and passive ownership concentration in MSTR to gauge potential timing and scale of flows. source: S&P Dow Jones Indices corporate actions policy; SEC 13F filings

According to @KobeissiLetter, MicroStrategy (MSTR) has fallen 40% over the last month and is 68% below its record high (source: @KobeissiLetter). According to @KobeissiLetter, the company holds 649,870 BTC with an average acquisition price of $74,433 per BTC (source: @KobeissiLetter). According to @KobeissiLetter, a further 15% drop in BTC from current levels would push the position below cost, making $74,433 a critical downside trigger for MSTR and BTC-sensitive equity trades (source: @KobeissiLetter).

According to Charlie Bilello, a Nov 18, 2025 snapshot shows 52-week-high drawdowns of BTC -29%, ETH -40%, DOGE -69%, Coinbase (COIN) -41%, and MicroStrategy (MSTR) -64%, while the S&P 500 is -4% and gold is -8%; source: Charlie Bilello. According to Charlie Bilello, the same snapshot lists Google -3%, Apple -4%, Microsoft -9%, Amazon -10%, Nvidia -12%, Tesla -16%, Palantir -18%, and Meta -25%, indicating larger drawdowns for the cited crypto assets than most of the cited mega-cap tech names in this period; source: Charlie Bilello. According to Charlie Bilello, within crypto, BTC’s -29% drawdown is smaller than ETH’s -40% and DOGE’s -69% in this snapshot, providing a relative-strength ranking by distance from 52-week highs; source: Charlie Bilello. According to Charlie Bilello, crypto-linked equities show steeper declines than BTC in the same list, with COIN -41% and MSTR -64% versus BTC -29%; source: Charlie Bilello.

According to @charliebilello, over the last year BTC returned +2%, MSTR fell 43%, and the 2x Long MicroStrategy ETF MSTU dropped 89%, creating a 91 percentage point performance gap between BTC and MSTU, source: @charliebilello on X, Nov 18, 2025. According to @charliebilello, this dispersion reinforces the message to know what you own and why you own it, source: @charliebilello on X, Nov 18, 2025. According to @charliebilello, for traders targeting Bitcoin exposure, the data show direct BTC exposure outperformed equity and leveraged proxies such as MSTR and MSTU over this period, source: @charliebilello on X, Nov 18, 2025.

According to the source, MicroStrategy disclosed an $835 million Bitcoin (BTC) purchase, its largest in over four months, executed as BTC’s price fell (source: MicroStrategy). This disclosure adds a significant large-buy datapoint for traders tracking BTC spot liquidity and MSTR-BTC correlation in the near term (source: MicroStrategy).

According to @saylor, Strategy acquired 8,178 BTC for approximately $835.6 million at about $102,171 per BTC, confirming a large-scale spot purchase (source: @saylor; Strategy press release on strategy.com). According to @saylor, the company reports a BTC Yield of 27.8% year to date in 2025, indicating positive performance versus its disclosed cost basis (source: @saylor; Strategy press release on strategy.com). According to @saylor, as of 2025-11-16, Strategy holds 649,870 BTC acquired for roughly $48.37 billion at an average cost basis of about $74,433 per BTC, providing clear reference levels for positioning and risk management (source: @saylor; Strategy press release on strategy.com). According to @saylor, the update also references tickers $MSTR, $STRC, $STRD, $STRE, $STRF, and $STRK alongside the disclosure, which are directly cited in the announcement (source: @saylor; Strategy press release on strategy.com).

According to @ki_young_ju, the current BTC dip reflects long-term holder rotation, with older Bitcoiners selling to TradFi players expected to hold for the long run. Source: x.com/ki_young_ju/status/1990368321959821508 He states he called the early-year top due to heavy OG whale distribution, but says the market structure has changed as ETFs, MSTR, and other new channels injected fresh liquidity while on-chain inflows remained strong. Source: x.com/ki_young_ju/status/1990368321959821508 He adds the dip is being dragged by OG whales even as sovereign funds, pension funds, multi-asset funds, and corporate treasuries build larger liquidity channels. Source: x.com/ki_young_ju/status/1990368321959821508 He concludes that Bitcoin’s traditional cycle theory is invalid until these liquidity channels slow or stop, making flow dynamics the primary driver to watch for traders. Source: x.com/ki_young_ju/status/1990368321959821508

According to @StockMKTNewz, traders are sharing weekly watchlists, making crypto-exposed equities a timely focus for momentum and correlation setups this week, source: @StockMKTNewz on X dated Nov 16, 2025. Coinbase COIN is highly sensitive to crypto prices and volatility because its transaction revenue is tied to crypto asset prices and trading activity, favoring breakout and pullback strategies when BTC and ETH move, source: Coinbase Global Inc. 2023 Form 10-K. MicroStrategy MSTR often trades with BTC due to its significant Bitcoin holdings embedded in its corporate treasury strategy, creating equity beta to BTC trends, source: MicroStrategy Investor Relations Bitcoin Strategy overview. Marathon Digital MARA and Riot Platforms RIOT performance depends on Bitcoin production, network hash rate and BTC price, providing leveraged exposure to BTC cycles, source: Marathon Digital Holdings 2023 Form 10-K and Riot Platforms 2023 Form 10-K. CleanSpark CLSK and Hut 8 Mining HUT provide additional BTC mining exposure with operating results tied to hash rate expansion and energy costs, enabling relative value and pair trades among miners, source: CleanSpark Inc. 2023 Form 10-K and Hut 8 Corp. 2023 Annual Report. Block SQ generates Bitcoin revenue through Cash App and benefits from higher BTC engagement by retail users, making it a proxy for retail crypto activity, source: Block Inc. Q4 2023 Shareholder Letter and Block Inc. 2023 Form 10-K. Robinhood HOOD derives a material portion of revenue from crypto trading, so BTC and ETH volume shifts can impact near-term results and stock liquidity, source: Robinhood Markets Inc. 2023 Form 10-K. This watchlist prioritizes liquidity, beta and empirical correlation to BTC and ETH rather than long-term valuation, allowing traders to align setups with crypto market direction, source: company filings and investor relations documents cited above.

According to the source, an X post claims Michael Saylor hinted at buying more Bitcoin with the phrase Big Week. source: https://twitter.com/WatcherGuru/status/1990066581049663895 Traders watching BTC and MSTR typically wait for confirmed disclosures of any MicroStrategy Bitcoin purchases via SEC EDGAR filings and the company’s investor relations updates before acting. source: https://www.sec.gov/edgar/searchedgar/companysearch and https://www.microstrategy.com/en/company/investor-relations

According to @milesdeutscher, even a 70% BTC drawdown would not force MicroStrategy (MSTR) or Michael Saylor to sell because there is no margin call on their debt and the average loan maturity is 4.8 years (source: @milesdeutscher). The source adds that the main tail risk is BTC staying low for years while capital markets stop funding the company (source: @milesdeutscher). The source further notes MicroStrategy could mitigate by selling small portions of BTC and pushing payments back if needed (source: @milesdeutscher). For BTC and MSTR traders, this indicates lower near-term forced-selling pressure from MicroStrategy during sharp drawdowns, per the source (source: @milesdeutscher).

According to @StockMKTNewz, the following stocks hit new 52-week lows intraday today: TTD, MSTR, GME, JD, DOCU, CARR, CLX, FLUT, MOH, MSI, ODFL, and WY; source: @StockMKTNewz on X, Nov 14, 2025.

According to the source, Michael Saylor publicly denied rumors that MicroStrategy sold BTC, stating the firm did not sell any Bitcoin. source: Michael Saylor on X He added that the company's appetite for Bitcoin is insatiable and that BTC purchases are accelerating, signaling ongoing accumulation intent. source: Michael Saylor on X These statements confirm continued corporate demand for BTC from MicroStrategy, which traders often monitor alongside MSTR price action. source: Michael Saylor on X

According to @BitMEXResearch, a new research article examines Stretch (STRC), a novel MSTR debt-type instrument designed for price stability by varying its dividend rate each month based on the debt’s market price, source: BitMEX Research tweet on Nov 14, 2025 https://twitter.com/BitMEXResearch/status/1989384339151622414. The mechanism explicitly ties the monthly dividend rate to STRC’s market price to maintain stability, source: BitMEX Research tweet on Nov 14, 2025 https://twitter.com/BitMEXResearch/status/1989384339151622414. BitMEX Research linked the full article for more details on STRC’s structure and design, source: BitMEX Research tweet on Nov 14, 2025 https://twitter.com/BitMEXResearch/status/1989384339151622414 https://t.co/IVcQJbX2TU.

According to @simplykashif, traders seeking clarity on reports that MicroStrategy is selling Bitcoin should review the Arkham update at https://x.com/arkham/status/1989354353296044344 before taking positions. Source: https://twitter.com/simplykashif/status/1989355637575491603 https://x.com/arkham/status/1989354353296044344 For trading decisions on BTC, verify via the cited Arkham post whether flows attributed to MicroStrategy reflect actual exchange deposits from labeled MSTR-controlled wallets versus internal movements to avoid reacting to false sell signals. Source: https://x.com/arkham/status/1989354353296044344

According to @simplykashif, both a public reveal of Satoshi Nakamoto’s identity and a MicroStrategy BTC sale are not happening in your lifetime, source: X post by @simplykashif dated Nov 14, 2025. MicroStrategy reported holding 226,331 BTC as of June 20, 2024 after additional purchases funded by convertible notes, and the company disclosed a single sale of 704 BTC on Dec 22, 2022 for tax purposes, underscoring a long-term accumulation stance that reduces perceived near-term sell pressure, source: MicroStrategy Form 8-K filings dated June 20, 2024 and Dec 28, 2022 (Investor Relations/SEC filings). A 2024 UK High Court judgment determined Craig Wright is not Satoshi, meaning Bitcoin’s creator remains unverified and an identity-based market shock remains unlikely from a legal standpoint, source: High Court of Justice judgment in COPA v Wright (2024). For traders, a steady MicroStrategy treasury position can limit forced selling from one of the largest corporate BTC holders; monitor MSTR earnings releases, Form 8-K updates, and public on-chain treasury wallet activity for changes that could impact BTC liquidity and basis, source: MicroStrategy Investor Relations disclosures; public on-chain analytics providers such as Glassnode.

According to @lookonchain, Strategy (@Strategy) transferred 58,915 BTC (about $5.77B) to new wallets on Nov 14, 2025. Source: https://x.com/lookonchain/status/1989300096849375637 Arkham Intelligence’s MicroStrategy entity page lists the associated addresses and shows these transfers to newly created wallets. Source: https://intel.arkm.com/explorer/entity/microstrategy For traders, the cited post indicates a wallet migration rather than an exchange deposit, so monitoring any subsequent movements from these destination addresses to exchange-tagged wallets is key before inferring sell pressure. Source: https://x.com/lookonchain/status/1989300096849375637

According to @StockMKTNewz, the following U.S. stocks printed intraday 52-week lows today: Lucid (LCID), MicroStrategy (MSTR), Charter (CHTR), Amdocs (DOX), Paychex (PAYX), Blue Owl Capital Corporation (OBDC), Motorola Solutions (MSI), Molina Healthcare (MOH), and H&R Block (HRB). source: @StockMKTNewz MicroStrategy (MSTR) holds bitcoin as a primary treasury reserve asset, making its equity directly exposed to BTC-related moves and a key watch for crypto-equity traders on new-low days. source: MicroStrategy Investor Relations, corporate strategy and bitcoin disclosures

According to @BitMEXResearch, MicroStrategy’s enterprise value is about 76 billion dollars (market cap plus debt), roughly 20% above the market value of its Bitcoin (BTC) holdings (source: @BitMEXResearch on X, Nov 13, 2025). This means MSTR trades at a premium to its BTC treasury and is not a discount Bitcoin proxy at current prices (source: @BitMEXResearch on X, Nov 13, 2025). @BitMEXResearch states that only if enterprise value drops below the market value of its Bitcoin should MSTR be considered at a discount to BTC (source: @BitMEXResearch on X, Nov 13, 2025).

According to @saylor, he told Yahoo Finance he discussed BTC volatility, corporate treasury strategies, energy challenges, MSTR short-sellers, the shutdown, using AI and social media to turbocharge growth, and the role of digital equity, capital, and credit such as STRC. Source: @saylor on X, Nov 13, 2025. The interview explicitly names BTC, MSTR, and STRC, underscoring trading-relevant themes of volatility, short interest dynamics, and digital credit. Source: @saylor on X, Nov 13, 2025.