Strategy (NASDAQ:MSTR) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Posted by Francis Steltz on Nov 7th, 2026

Strategy Inc (NASDAQ:MSTR – Get Free Report) crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $133.72 and traded as low as $123.90. Strategy shares last traded at $129.30, with a volume of 25,734,129 shares.

Key Headlines Impacting Strategy

Here are the key news stories impacting Strategy this week:

Positive Sentiment: Michael Saylor said he believes Bitcoin’s bull market could last another two to three years, citing potential demand from digital credit, bank lending, tokenization and the 2028 halving. His outlook supports Strategy’s long-term Bitcoin investment thesis, though it does not offset short-term price volatility. Michael Saylor Says Bitcoin Bull Market Could Last 2-3 Years
Positive Sentiment: Strategy’s preferred stock STRC returned to its $100 par value, a potential sign of investor confidence in the security and the company’s financing strategy for Bitcoin accumulation. Strategy’s STRC hits par for first time since May
Negative Sentiment: Bitcoin fell below $76,000 amid a broader technology-stock sell-off, weighing on Strategy and other crypto-related stocks. Reports noted MSTR’s declines can be amplified relative to Bitcoin, making its shares vulnerable when crypto prices fall. Strategy Sinks as Bitcoin Tumbles Below $76,000
Negative Sentiment: Director Jarrod Patten sold 4,750 shares for about $670,000, reducing his direct holding by 14.33%. The disclosed sale may weigh on sentiment, although it does not by itself establish a change in the company’s outlook. SEC filing on director stock sale
Negative Sentiment: Recent coverage raised concerns about an impending CFO departure and whether MSTR’s valuation is full, adding to uncertainty around the stock. Strategy CFO Exit Looms, Does The Stock Look Fully Valued?

Analyst Ratings Changes

MSTR has been the subject of a number of recent analyst reports. Sanford C. Bernstein reissued an “outperform” rating and set a $350.00 price objective (down from $450.00) on shares of Strategy in a research report on Wednesday, August 26th. Canaccord Genuity Group upped their target price on shares of Strategy from $175.00 to $179.00 and gave the company a “buy” rating in a research report on Tuesday, September 8th. Wall Street Zen raised shares of Strategy from a “sell” rating to a “hold” rating in a research note on Saturday. BTIG Research reaffirmed a “buy” rating and set a $250.00 target price on shares of Strategy in a research note on Friday, October 30th. Finally, UBS Group reiterated a “buy” rating on shares of Strategy in a research report on Friday, July 31st. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $244.79.

Get Our Latest Research Report on MSTR

Strategy Stock Performance

The firm has a 50-day moving average price of $144.43 and a 200 day moving average price of $133.56. The firm has a market capitalization of $49.54 billion, a PE ratio of -2.12 and a beta of 3.60. The company has a quick ratio of 5.39, a current ratio of 4.04 and a debt-to-equity ratio of 0.10.

Strategy (NASDAQ:MSTR – Get Free Report) last posted its earnings results on Thursday, October 29th. The software maker reported $44.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $20.19 by $24.56. Strategy had a negative return on equity of 32.71% and a negative net margin of 2,760.33%. The firm had revenue of $125.43 million for the quarter, compared to analyst estimates of $127.76 million. During the same quarter in the prior year, the company earned $8.42 EPS. Strategy’s revenue was down 2.5% on a year-over-year basis. Research analysts expect that Strategy Inc will post -13.01 earnings per share for the current year.

Insider Transactions at Strategy

In other news, Director Jarrod Patten sold 4,750 shares of the stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $141.00, for a total transaction of $669,750.00. Following the sale, the director owned 28,406 shares of the company’s stock, valued at approximately $4,005,246. This represents a 14.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 14,950 shares of company stock worth $2,113,106 in the last 90 days. 5.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Strategy

Large investors have recently added to or reduced their stakes in the business. Cornerstone Advisory LLC boosted its position in Strategy by 73.3% in the 3rd quarter. Cornerstone Advisory LLC now owns 5,339 shares of the software maker’s stock valued at $817,000 after buying an additional 2,259 shares during the period. Addison Advisors LLC increased its position in shares of Strategy by 810.0% during the third quarter. Addison Advisors LLC now owns 182 shares of the software maker’s stock worth $28,000 after acquiring an additional 162 shares during the period. Aberdeen Group plc increased its position in shares of Strategy by 1,915.7% during the third quarter. Aberdeen Group plc now owns 304,492 shares of the software maker’s stock worth $46,615,000 after acquiring an additional 289,386 shares during the period. Moors & Cabot Inc. raised its stake in shares of Strategy by 0.8% in the third quarter. Moors & Cabot Inc. now owns 40,828 shares of the software maker’s stock valued at $6,250,000 after acquiring an additional 320 shares in the last quarter. Finally, ICICI Prudential Asset Management Co Ltd raised its stake in shares of Strategy by 8.8% in the third quarter. ICICI Prudential Asset Management Co Ltd now owns 5,949 shares of the software maker’s stock valued at $911,000 after acquiring an additional 479 shares in the last quarter. 59.84% of the stock is owned by hedge funds and other institutional investors.

About Strategy

(Get Free Report)

Strategy, formerly known as MicroStrategy, Incorporated (NASDAQ: MSTR) is a global provider of enterprise analytics and mobility software. The company’s flagship platform offers business intelligence, data discovery, and advanced visualizations that enable organizations to analyze large volumes of data and deliver actionable insights. In addition to traditional on-premises deployments, Strategy provides a range of cloud-based services and managed offerings that allow customers to leverage the power of its analytics tools without managing complex infrastructure.

Founded in 1989 by Michael J.