策略的股價在2025年的股價比比特幣更好

MSTR在2025年增長了32％，而BTC則增長了20％。但是，MSTR股票仍然比歷史最高高26.5％

Strategy's (NASDAQ:MSTR) stock price has performed better than Bitcoin (BTC) in 2023 as the company continued its accumulation. MSTR has jumped by 32% in 2023, while BTC is up by 20%.

策略（NASDAQ：MSTR）股價在2023年的股價上的表現優於比特幣（BTC），因為該公司繼續積累。 MSTR在2023年增長了32％，而BTC則增長了20％。

However, MSTR stock remains 26.5% below its all-time high, even though Bitcoin surged this week. This article predicts whether it will ultimately break out and move to its all-time high this week.

但是，即使本週比特幣飆升，MST的股票仍比其歷史最高高26.5％。本文預測，它是否最終會爆發並在本週的歷史最高水平上轉移。

Why Strategy Stock is Below its ATH

為什麼戰略庫存低於其ATH

In theory, this should be the best time for Strategy, the biggest corporate Bitcoin holder in the industry. Instead, the coin has been confined to a narrow range this week despite Bitcoin finally breaking out to a record high.

從理論上講，這應該是戰略的最佳時機，戰略是該行業中最大的企業比特幣持有人。取而代之的是，儘管比特幣終於爆發到創紀錄的高度，但本週的硬幣本週被局限於狹窄的範圍。

A major factor in this underperformance is that investors are afraid of the continued dilution as the company's management has issued more shares to buy Bitcoin. As a result, the company's outstanding shares have risen from 76.5 million in 2020 to 246 million today, a 226% increase.

這一表現不佳的主要因素是，由於公司管理層已發行了更多股份購買比特幣，投資者害怕繼續稀釋。結果，該公司的流通股從2020年的7650萬股增加到了今天的2.46億，增長了226％。

Strategy's investors will continue being diluted as the company's management prepares for more issuances to buy BTC. This week, it announced that it would raise $2.1 billion soon for corporate activity, including BTC purchases.

戰略的投資者將繼續被稀釋，因為該公司的管理層為購買BTC的更多發行做準備。本週，它宣布將很快籌集21億美元的公司活動，包括BTC購買。

Strategy plans to raise $84 billion in the long term for these purchases, leading to more dilution. Dilution is viewed negatively because it leads to a smaller ownership of a company and lower earnings per share (EPS).

戰略計劃長期籌集840億美元，從而導致更多稀釋。由於稀釋度導致公司的所有權較小，每股收益較低（EPS）。

Strategy's stock price has also wavered due to its high valuation. It holds Bitcoins worth $60 billion, while its valuation stands at $115 billion. Most analysts believe that its software business is worth much lower than that because it is shrinking.

策略的股價由於其高估值而發動了。它擁有價值600億美元的比特幣，而其估值為1,150億美元。大多數分析師認為，其軟件業務的價值遠低於它，因為它正在收縮。

Therefore, some investors believe the disparity between its Bitcoin asset valuation and market capitalization will diminish over time.

因此，一些投資者認為，隨著時間的推移，其比特幣資產估值與市值之間的差異將減少。

MSTR Stock Price Analysis

MST股價分析

The daily chart shows that the MSTR share price formed a double-bottom pattern at $234 and a neckline at $343. A double bottom is one of the most popular bullish reversal patterns in technical analysis.

每日圖表顯示，MSTR股價以234美元的價格形成了雙底圖案，領口為343美元。雙底部是技術分析中最受歡迎的看漲逆轉模式之一。

Strategy stock has remained above the 38.2% Fibonacci Retracement level and is forming a bullish flag pattern, a popular continuation pattern.

策略股票保持在38.2％的斐波那契反回收水平上，並形成了看漲的國旗模式，這是一種流行的延續模式。

Therefore, if the Bitcoin price rally accelerates, the stock will likely experience a strong bullish breakout, potentially jumping by 30% to retest its all-time high at $543.

因此，如果比特幣價格集會加速，該股票可能會經歷強烈的看漲突破，可能會增加30％，以重新測試其歷史最高點543美元。