Recorded $80,000,000 in equity trading volume with share price above $100.

Token price reached above $100.

Serves as collateral for a Bitcoin-backed stablecoin that is 5x over-collateralized and pays high yield, creating potential multi-billion dollar demand.

Acquired more Bitcoin than was newly mined in both 2024 and 2025.

Listed on Kraken exchange.

Total December Bitcoin purchases exceed 21,000 BTC, more than double the 10,645 BTC documented for December 8-14. The entire $60 billion position has a break-even price at $74,972, with mNAV approaching 1 as the premium to net asset value collapses.

MSTR hits a new local low while Bitcoin trades $5k above its local low, showing continued value erosion and underperformance relative to Bitcoin.

Stock price declines -59.5% year-over-year to lowest levels since October 3, 2024; MSTR purchased 145,000 BTC cumulatively in 2025 while ETFs acquired 450,000 BTC.

Completed acquisition of 10,645 BTC for $980.3 million between December 8-14 at $92,098 per bitcoin, increasing total holdings to 671,268 BTC with year-to-date BTC Yield of 24.9%.

JP Morgan launches competing crypto money market fund against Strategy products, with MSCI decision scheduled for January 2026.

Strategy maintains its position in the Nasdaq 100 index after the annual rebalance, with six companies dropped and changes taking effect on December 22.

14 US states purchased over $600 million in MSTR so far in 2025, representing state-level governmental institutional adoption.

MicroStrategy set to maintain its NASDAQ listing despite prior concerns.

Three new Polymarket accounts entered MicroStrategy positions on December 8, 16-20 hours before an official announcement, pulling $60K in profits through coordinated trades that moved market odds by 21.5 points.

Swiss Central Bank buys more Bitcoin exposure via MSTR, representing central bank-level institutional adoption.

Strategy trades at 16% discount to net asset value versus 7x premium two years ago and is down 12% year-to-date in 2025.

Bitwise publicly supports Strategy's inclusion in MSCI's Global Investable Market Indexes during the ongoing consultation period that closes December 31, 2025.

Michael Saylor describes $STRC as a monthly, variable rate preferred stock representing digital credit backed by Bitcoin that pays monthly income and was designed using AI.

MSTR surpasses Amazon in trading volume. (1998805974468149749)

Strategy formally responds to MSCI's proposal to exclude Digital Asset Treasury companies from its Global Investable Market Indexes, arguing it operates as a company not a fund. Consultation closes December 31, 2025 with final decision on January 15, 2026 and potential implementation in February 2026.

MSTR gains 8.43% over the past week alongside broader Bitcoin treasury strength, and currently trades at approximately 1x MNAV (Market Net Asset Value).

South Korea's National Pension Service purchases Bitcoin exposure through MSTR shares.

Michael Saylor announces Strategy will not issue preferred stock in Japan, giving Metaplanet a 12-month head start in that market.

This week records $1.38B in treasury company inflows from Strategy and Bitmine, marking the largest weekly inflow since September.

National Bank of Canada discloses $273M BTC position via MSTR shares.

Purchases 10,624 BTC for $962.7M funded by equity ATM and STRD preferred sales, increasing total holdings to 660,624 BTC valued at $60.5B with 24.7% BTC Yield YTD. Bernstein reduces price target to $450 but keeps outperform rating.

Japanese public company Metaplanet announces MARS, a new stock class modeled after STRC, to acquire more Bitcoin.

MSTR adds to their 650K BTC treasury holdings.

$10 trillion asset manager Vanguard holds $3.2 billion worth of MSTR shares.

MSTR officially excluded from S&P 500 index for the second time this year despite qualifying for inclusion.

$1.44B cash reserve covers two years of obligations with EV/BTC ratio above 1. MSCI index inclusion decision emerges as key market catalyst following 40% share price decline since October.

Tom Lee states that traders longing Bitcoin and Ethereum hedge their positions by shorting MSTR as the most liquid crypto proxy.

Strategy displays $STRC on Nasdaq Tower in Times Square, a high-visibility marketing campaign.

National Bank of Canada, the country's 6th largest bank, holds 1.47M shares valued at $273 million.

Multiple technical signals cluster near $195 support level with capitulation volume and hammer candle formation, while minimal structural resistance exists until $285 region.

JPMorgan analysts state Strategy's resilience is key to Bitcoin's near-term price direction, with the company's balance sheet and ability to avoid selling BTC mattering more than miner activity for Bitcoin's price outlook. JPMorgan estimates Bitcoin's production cost at $90,000, down from $94,000 last month.

Polymarket traders assign 61% probability to MSCI index delisting by March 31, 2025.

Strategy acquires 3,775 BTC according to whale activity tracking.

Sets up $1.44B USD reserve this week for bear-market preparation to cover preferred dividends and debt interest; CFO Andrew Kang confirms company can sustain operations and dividends for 3+ years at ~$92.7k BTC with sales only as last resort.

Chart triggers "Abandoned Baby Breakout" pattern, a bullish technical formation.

MSTR now available to trade on PVP and Hyperdash platforms with up to 10x leverage.

Jim Cramer states NVIDIA is not as important as MSTR in a public statement.

MSCI index removal threatens $8.8B in outflows with JPMorgan warning of massive selling if other index providers follow. Total Bitcoin holdings stand at 650,000 BTC.

Shares gain 3% after CEO downplays MSCI index removal risk, stating it 'won't make any difference.'

MSTR in discussions with MSCI regarding potential index removal, with MSCI to decide by January 15 whether to proceed with the removal.

Strategy acquires 3,887 BTC in recent purchase.

Strategy announces consideration to offer loans denominated in BTC, representing a potential expansion into Bitcoin-based lending services.

Saylor states at Binance Blockchain Week that Bitcoin has advocates in the cabinet, FBI head support, and presidential backing for the asset class.

Executive Phong Le states large U.S. banks with strong balance sheets want to partner with the company due to its position as the largest corporate Bitcoin holder.

MSTR establishes 21-month dividend runway in USD. Bank of America endorses 4% Bitcoin allocation, and Vanguard unlocks ETF access for $11 trillion of customer assets.

Company maintains $1.44 billion USD reserve.

Asset manager Tidal Investments with $50B AUM reports a $60M position in shares per BitcoinTreasuries. Bitget's cumulative trading volume for US stock futures reaches $1.45B.

MSTR joins S&P500 index. Mass platform launches 10x leveraged long/short trading for MSTR via tradexyz and HyperliquidX.

Investment bank Benchmark issues $705 price target and states Bitcoin would need to collapse below $12,700 for the company to be in real trouble. Average Bitcoin acquisition price stands at nearly $75K.

Norway's sovereign wealth fund holds over $1 billion in Bitcoin through MSTR holdings. Michael Saylor states the company would not face liquidation even if Bitcoin falls to $1.

Management states on December 1 Company Update Call they could sell bitcoin and bitcoin derivatives when mNAV falls below 1x, with current mNAV at approximately 0.98. Social engagement spikes to highest level in three months amid concerns about the company's position.

Adds 130 BTC for $12M to reach 650,000 BTC total holdings.

Announces formation of a $1.44 billion USD Reserve and increases BTC Reserve target to 650,000 BTC. Current mNAV rebounds to approximately 1.2 from the 0.95 level on November 30.

MSTR faces removal from the MSCI Index next month, adding additional selling pressure to the common stock. (ID: 1995643230789271803)

Vanguard, managing over $10 trillion in assets, will start enabling crypto ETFs to clients, expanding institutional access to cryptocurrency investments.

MSTR debt matures in 2027. Stock experiences most volume since April with bulls buying into close forming bullish reversal patterns.

CEO Phong Le stated on November 29 that Bitcoin sales become "mathematically justified" if two conditions are met: stock trading below 1x mNAV and capital markets closed. mNAV fell to 0.95 as of November 30, below the 1.0 threshold, while Q3 2025 saw major institutions (BlackRock, Vanguard, Capital International, JPMorgan) sell $5.38 billion in MSTR shares, with $750-800 million in preferred dividends due December 31.

MSTR announces a new Bitcoin acquisition, causing the stock to immediately fall 6% and continue declining to over 11% intraday. mNAV trades at a discount (potentially below 1.0), crossing the danger zone threshold where Bitcoin sales become necessary.

MSTR falls over 6% to its lowest level since October 2024. For the first time ever, the company stacks USD instead of BTC.

MicroStrategy establishes a $1.44 billion USD reserve by selling MSTR stock through ATM equity sales to cover 21 months of preferred dividends and interest payments. The company purchased 130 BTC at $89,960 between November 17-30, 2025, increasing total holdings to 650,000 BTC with an average cost basis of $74,436.

mNAV is now 1% above the 1.0 danger zone threshold where Bitcoin sales become necessary to cover debt.

Michael Saylor states in a November 23 CoinDesk podcast that S&P 500 inclusion does not matter in the long run, arguing that the free market will allocate capital to Bitcoin regardless of short-term decisions by index managers.

CEO Phong Le states selling Bitcoin is a last-resort possibility if mNAV goes under 1 and the company cannot raise new capital. MSTR is down 38% on the month compared to Bitcoin's 22% decline, with pre-markets down another 4%.

Michael Saylor states the company would not face liquidation even if Bitcoin drops to $1 and would continue buying more Bitcoin.

MSTR conducted Bitcoin purchases last week with results to be announced tomorrow.

The capital structure now includes 7 convertible bonds and 5 preferred shares totaling $16.7B with $760mm annual interest and dividend expenses. Only 2 of 8 convertibles remain in-the-money following Bitcoin's recent decline.

On-chain perpetual futures contracts for MSTR are now available, enabling trading outside traditional stock market hours including weekends.

mNAV (market value to NAV ratio) dropped to 0.88x last week, with potential for the first-ever share buyback announcement being discussed.

Switzerland's central bank now holds over 750,000 shares of the company.

MSCI considers removing Strategy (MSTR) and 37 other digital asset treasury companies from major JPMorgan endorsed indexes due to holdings exceeding 50% digital assets, with a decision scheduled for January 15th, 2026.

CEO Phong Le explains that selling preferred stock ($STRC) to buy Bitcoin delivers more shareholder value accretion than issuing common equity ($MSTR).

MSTR passed over again for S&P 500 inclusion based on emerging reports.

MSTR was previously eligible for S&P 500 inclusion at a price 86% higher than current levels.

MSTR climbs steadily in pre-market trading, with COIN and CRCL following the upward movement.

Grok gives 70% odds for MSTR S&P 500 inclusion next week.

MSTR reaches oversold levels only seen twice before: during the COVID crash and at the 2022 bear market bottom.

Jim Chanos announces Long Bitcoin but Short Strategy position in May 2025. Morgan Stanley files IBIT-linked structured product with SEC in mid-October, followed by JP Morgan's IBIT-linked product filing two weeks prior to tweet date, with JP Morgan publishing IBIT Note sale documents and resurfacing MSCI threat simultaneously on November 20.

JP Morgan raises MSTR margin requirements from 50% to 95% and announces a Bitcoin backed bond while selling its MSTR shares.

MSTR's market value to net asset value (mNAV) falls below 1.0, trading at a discount to its Bitcoin holdings, while Capital Group and Miller Income Fund are identified as key institutional investors.

MSTR drops over 5% as short squeeze rumors circulate and the ticker reaches top trending status on Stocktwits.

MSCI opens consultation to exclude Strategy from its World and US indices, with consultation closing Dec 31, 2025 and final decision on Jan 15, 2026, followed by implementation in Feb 2026 if approved.

Strategy skips its weekly Bitcoin buy announcement for the first time in weeks, with MSTR stock down 67% from peak.

Strategy surges 5% as institutional ownership drives momentum, outpacing the broader crypto market recovery alongside other digital asset treasury stocks. (1993220804159435056)

JPMorgan raises margin requirements for MSTR shares used as collateral and fails to deliver MSTR shares in a timely manner, while also de-banking Jack Mallers.

MSTR did not acquire Bitcoin during last week's dip. (1993087961076813906)

Thousands close JPMorgan accounts in protest of the bank's MSTR shorting and $134M share sale, sparking speculation about a potential short squeeze. Institutional selling of MSTR continues as inflows shift toward altcoins.

MSTR bounces today as shorts and hedges close out positions in the push upward.

Saylor addresses and debunks delisting FUD related to Strategy.

Bitcoin-backed weekly credit volume reaches new all-time high, while MSTR trades at its lowest level relative to Bitcoin since May 2024.

Saylor shared a chart of rising Bitcoin-backed credit weekly volume instead of his typical Orange Tracker post.

JPMorgan sold $134M worth of MSTR and leads the push to exclude Strategy from major indexes.

MSCI reviews removal of Strategy and firms with 50%+ crypto holdings from its indices, with key dates: consultation ends Dec 31, 2025, decision Jan 15, 2026, implementation Feb 2026.

The $95 billion New Jersey State Common Pension Fund disclosed a $16 million MSTR purchase for Bitcoin exposure.

Institutional investors cut $5.4 billion in MSTR positions during Q3, with Vanguard, BlackRock, and Fidelity among sellers, dropping institutional holdings 14.8% from $36.32 billion to $30.94 billion despite Bitcoin stability around $95K.

All Strategy tokens currently in the green.