MSTR Rises Toward 200-Day SMA as Bitcoin Strength Boosts Shares
18 September 2025
MicroStrategy (MSTR) is climbing toward its 200-day simple moving average (200SMA), a key technical indicator tracking the average closing price over the past 200 trading days and often used to assess long-term trend direction.
Shares are trading just above $350, slightly below the 200SMA at $355. The stock has remained under this level since 25 August, with April’s “Trump tariff” episode being the only other period of notable weakness this year. On Thursday, MSTR jumped 6%, rebounding from a support line last tested in September 2024 and April 2025.
The rally aligns with bitcoin’s momentum, which is nearing $118,000, its highest in almost a month. Bitcoin has climbed more than 8% in September, on track for its strongest monthly gain since at least 2013. Year-to-date, MSTR has gained 18%, slightly behind bitcoin’s 22% advance.
Meanwhile, other bitcoin treasury companies continue to face pressure. Japan’s Metaplanet (3350) fell 10% on Thursday and is now down nearly 75% from its all-time high.
