策略的股价在2025年的股价比比特币更好

MSTR在2025年增长了32％，而BTC则增长了20％。但是，MSTR股票仍然比历史最高高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）股价在2023年的股价上的表现优于比特币（BTC），因为该公司继续积累。 MSTR在2023年增长了32％，而BTC则增长了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，即使本周比特币飙升，MST的股票仍比其历史最高高26.5％。本文预测，它是否最终会爆发并在本周的历史最高水平上转移。

Why Strategy Stock is Below its ATH

为什么战略库存低于其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.

从理论上讲，这应该是战略的最佳时机，战略是该行业中最大的企业比特币持有人。取而代之的是，尽管比特币终于爆发到创纪录的高度，但本周的硬币本周被局限于狭窄的范围。

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.

这一表现不佳的主要因素是，由于公司管理层已发行了更多股份购买比特币，投资者害怕继续稀释。结果，该公司的流通股从2020年的7650万股增加到了今天的2.46亿，增长了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.

战略的投资者将继续被稀释，因为该公司的管理层为购买BTC的更多发行做准备。本周，它宣布将很快筹集21亿美元的公司活动，包括BTC购买。

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).

战略计划长期筹集840亿美元，从而导致更多稀释。由于稀释度导致公司的所有权较小，每股收益较低（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.

策略的股价由于其高估值而发动了。它拥有价值600亿美元的比特币，而其估值为1,150亿美元。大多数分析师认为，其软件业务的价值远低于它，因为它正在收缩。

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

因此，一些投资者认为，随着时间的推移，其比特币资产估值与市值之间的差异将减少。

MSTR Stock Price Analysis

MST股价分析

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.

每日图表显示，MSTR股价以234美元的价格形成了双底图案，领口为343美元。双底部是技术分析中最受欢迎的看涨逆转模式之一。

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，并形成了看涨的国旗模式，这是一种流行的延续模式。

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，如果比特币价格集会加速，该股票可能会经历强烈的看涨突破，可能会增加30％，以重新测试其历史最高点543美元。