Should I buy MicroStrategy stock in 2025?

What is MicroStrategy?

How much is MicroStrategy stock?

The price of MicroStrategy stock is rising this week. Currently, the stock trades at USD $370.63, reflecting a 1.75% gain over the past 24 hours but a slight 0.30% dip over the week.

With a high beta of 2.48, MicroStrategy shares remain extremely volatile—making them a dynamic choice for New Zealand investors interested in exposure to bitcoin-linked equities.

Our complete analysis of MicroStrategy stock

Having rigorously reviewed MicroStrategy’s latest quarterly financials and mapped its impressive multi-year price trajectory, our proprietary modelling integrates core financial metrics, technical signals, and comparative peer analysis. The result delivers a multidimensional insight into a stock at the nexus of technology innovation and digital asset strategy. So, why might MicroStrategy become a strategic re-entry point for investors seeking expansive tech sector exposure as we look towards 2025?

Recent Performance and Market Context

MicroStrategy (MSTR), traded on NASDAQ, is currently priced at $370.63 as of 30 May 2025—a spectacular +143% gain over the past twelve months and +45% over the last six months, demonstrating remarkable resilience and momentum, particularly when compared with both tech sector peers and broader equity markets. While intraday and short-term volatility remains pronounced (+1.75% over the last 24 hours, -0.3% weekly), the underlying trend has been decisively upward.

Several drivers underscore its performance:

• Institutional Confidence: The company’s bold transformation into the world’s largest publicly listed treasury holding Bitcoin has attracted institutional flows and significant retail interest.
• Bitcoin Surge: The strong correlation (0.52) with Bitcoin, which itself has set multiple all-time highs through 2024 and 2025, provides indirect crypto exposure within a regulated equity structure.
• Favourable Sector Tailwinds: The recent shift in US tax rules—the revocation of restrictive guidelines for retirement account crypto holdings—has bolstered sentiment globally, including New Zealand investors seeking international diversification.

Given these topside macro and sector dynamics, MicroStrategy’s sustained ascendancy seems reflective of investor optimism not just for the company, but the ongoing institutionalisation of digital assets in financial markets.

Technical Analysis

A deep-dive into technical indicators reveals a stock with an auspicious set-up for tactical and strategic positioning:

• RSI (Relative Strength Index): At 45.01, the RSI is comfortably in neutral territory, indicating that MSTR is neither overbought nor oversold—offering potential entry opportunities with limited near-term downside risk.
• MACD (Moving Average Convergence Divergence): The MACD at 9.39 signals a firm bullish trend, supported by positive crossovers, typically associated with medium-term recovery or upside continuation.
• Moving Averages:
• 20-day: $396.48 – slightly above current price (suggesting a potential near-term technical retracement).
• 50-day, 100-day, and 200-day: all firmly below current price ($346.59; $332.77; $287.51, respectively), confirming a structural uptrend and strengthening the bullish case for both swing traders and longer-term investors.
• Key Support and Resistance:
• Strong support at $362.74—the price has repeatedly rebounded from this level, indicating underlying buying pressure.
• Immediate resistance at $373.86, suggesting a breakout above this could set the stage for momentum acceleration.
• Long-Term Structure: MSTR is trading above all major long-term moving averages, reflecting sustained positive sentiment and a well-established uptrend within its 52-week price channel ($102.40–$543.00).

Given these robust technicals, MicroStrategy appears to be entering a new bullish phase, with both short- and medium-term price architecture supportive of further gains.

Fundamental Analysis

MicroStrategy’s evolution from an enterprise analytics provider to a “Bitcoin treasury company” represents one of the most audacious pivots in the US tech sector. While its Q3 2024 headline revenue ($116.1 mln, -4.4% vs consensus) fell modestly short of analyst targets—and operating losses persist—underlying trends and forward guidance remain highly constructive:

• Subscription Revenue: Up 32.5% year-on-year, underscoring strong demand for ongoing software services even as headline software growth cools.
• Bitcoin Holdings: Over 580,000 bitcoins owned (approx. $18bn value), acquired at a blended cost of $39,266 per BTC—well below current market levels. This positions MicroStrategy to unlock substantial balance sheet value in a rising crypto market.
• Strategic Leverage and Expansion: The “21/21” plan seeks to raise $42bn in capital over three years, doubling down on the company’s digital reserve strategy.
• Growth Focus: While some legacy revenue streams are declining, the focus on Bitcoin accumulation is consistent with the company’s strategic shift—providing leverage to the largest and most liquid crypto asset via a listed US equity.
• Brand and Governance: The leadership of Michael Saylor, an influential market voice, boosts global visibility, enhances capital market access, and cements MicroStrategy’s status as a pioneer in institutional Bitcoin adoption.

Although certain traditional value metrics (e.g., P/E, EPS) are not directly applicable due to structural losses, MicroStrategy’s market capitalisation ($99.59bn) and increasing analyst price targets ($530.29 consensus; $650 high target) justify a fresh look at its long-term value proposition. For investors seeking asymmetric upside, the risk/reward profile appears compelling.

Volume and Liquidity

MicroStrategy continues to benefit from robust market liquidity, with average daily trading volume sliding in at 17.92 million shares—well above historical levels and indicative of deep market participation:

• Solid Trading Volume: High turnover underscores sustained investor attention and facilitates effective entry/exit even for larger positions.
• Share Float: With 253.76 million shares outstanding and a relatively high short interest (27.41m shares), the float remains dynamic—prone to covering rallies and upward re-ratings, further supporting upward price momentum.
• Market Confidence: Elevated liquidity often reflects confidence in a company’s story and outlook, reaffirming the case for renewed interest from Australasian and global investors.

Catalysts and Positive Outlook

Looking ahead, several clear catalysts reinforce the optimistic medium- and long-term case for MicroStrategy:

• Expansion of Bitcoin Holdings: The newly announced $21bn ATM (At-The-Market) equity program and matching debt initiatives could turbocharge future Bitcoin accumulation, strengthening the company’s role as the definitive “Bitcoin proxy” on global stock markets.
• Institutional & Regulatory Tailwinds: Renewed eligibility of Bitcoin for US retirement accounts and positive regulatory signals globally provide a favourable backdrop for further capital inflows—including New Zealand funds seeking exposure to the digital asset theme in a diversified portfolio.
• Innovative Yield Generation: BTC yield reaching 17.8% YTD (2024), with the company targeting sustainable 6–10% annual returns through 2027, creates a positive feedback loop—amplifying both intrinsic value and narrative momentum.
• Sector Leadership: As other corporates cautiously explore digital asset strategies, MicroStrategy’s first-mover advantage, established track record, and brand association with Bitcoin visionary Michael Saylor materially differentiate the company from legacy tech peers.
• Analyst Upgrades: The analyst consensus currently projects a 41% upside from current levels—an alignment of professional views rarely seen in such a high-beta, innovative enterprise.

Investment Strategies

Framing an entry into MicroStrategy stock can be convincingly supported across multiple investment time horizons:

• Short-Term: For tactical traders, price approaching the $362.74 technical support—along with neutral RSI and emerging MACD signals—may represent an opportunistic entry, with tight risk management below support and immediate price targets at technical resistance ($373.86+).
• Medium-Term: Momentum investors can leverage the strong upward structure—taking positions above the 50-, 100-, and 200-day moving averages, and seeking to capture further breakouts amid continued positive Bitcoin price action or major newsflow.
• Long-Term: Strategic, buy-and-hold investors may view this as an early-stage entry into a secular growth story: a unique, high-beta vehicle for exposure to digital asset appreciation over the next economic cycle. The company's large Bitcoin holdings, expansion plans, and enduring brand equity form the core of its long-term value.

Ideal positioning seems to align with technical support levels and ahead of imminent catalysts—such as further capital raises, Bitcoin acquisitions, or industry events.

Is it the Right Time to Buy MicroStrategy?

Synthesising the technical, fundamental, and macro perspectives, MicroStrategy today presents a distinctive constellation of strengths:

• A sustained structural uptrend and robust liquidity profile.
• Unique exposure to Bitcoin appreciation through a regulated, highly visible equity vehicle.
• Strong leadership, credible execution of an ambitious long-term strategy, and analyst projections pointing to substantial further upside.
• Catalysts on the horizon, including expansionary capital plans and a powerful narrative alignment with the “digital gold” thesis.

For investors in New Zealand and beyond eager to capitalise on the convergence of technology innovation and digital assets, MicroStrategy seems to represent an excellent opportunity at a pivotal moment. The fundamentals and momentum justify renewed interest, and with strategic positioning at key technical levels or ahead of material catalysts, the stock may well be entering a fresh bullish phase for 2025 and beyond.

For those seeking meaningful participation in the next wave of tech and crypto integration, MicroStrategy’s evolving story deserves a closer look—and may be poised to reward forward-thinking investors who recognise the power of innovation, conviction, and market leadership.

How to buy MicroStrategy stock in NZ?

Buying MicroStrategy (MSTR) stock online is now straightforward and secure for New Zealand investors, thanks to regulated online brokers that cater to Kiwis. You can choose between two main methods: direct spot buying (owning the shares) or trading Contracts for Difference (CFDs) to speculate on the share’s price. Both approaches offer access to global markets like the NASDAQ from the comfort of your home. Each method has its pros and cons—so lower down this page, you'll find a comparative overview of leading NZ-friendly brokers to help you make the right choice.

Spot Buying

A cash (spot) purchase means you buy actual MicroStrategy shares, becoming a registered shareholder. This approach gives you direct exposure to the company’s fortunes and the rights of ownership (such as voting at AGMs). Typically, NZ brokers charge a fixed commission per trade—often around NZD $5–$10 per order. For example, with the latest MicroStrategy price at US$370.63 (about NZD $615 at an exchange rate of 0.60), investing NZD $1,000 allows you to purchase approximately 1.6 shares. After including a brokerage fee of NZD $5, you own the shares outright.

Gain scenario

If the share price rises by 10%, your shares are now worth NZD $1,100.
Result: That’s a gross gain of NZD $100, or +10% on your investment, not accounting for currency changes or tax.

Trading via CFD

Trading MicroStrategy via CFDs lets you speculate on the share price without owning the underlying asset. This method is especially popular for short-term strategies and supports features like leverage, though holding positions incurs overnight financing fees and there’s a spread (the broker’s margin between buy/sell price). For instance, with NZD $1,000 you could open a CFD position on MicroStrategy shares with 5x leverage, giving you NZD $5,000 market exposure.

Gain scenario

If the stock rises by 8%, your position makes an 8% × 5 = 40% return.
Result: That’s NZD $400 profit on your NZD $1,000 (before deducting spreads and any overnight costs).

Final Advice

Before investing in MicroStrategy, it’s essential to compare brokers’ fees, platform conditions, and regulatory status. The best method—cash shares for long-term holders, or CFDs for nimble traders—depends on your investment goals, risk profile, and experience. To help you decide, a broker comparison specific to NZ investors is available further down the page. Investing in overseas stocks involves risk, so take time to choose the approach that matches your objectives.

Our 7 tips for buying MicroStrategy stock

The latest news about MicroStrategy

MicroStrategy’s stock continues its medium- and long-term uptrend, confirmed by trading above key moving averages. Over the latest week, MSTR shares remained resilient, holding above their 50, 100, and 200-day moving averages—signals that technical analysts interpret as strong momentum and constructive for investors seeking exposure to Bitcoin-linked equities. For NZ-based analysts, this trend offers an avenue for diversified cryptocurrency proxy exposure via a regulated, liquid US-listed asset, especially relevant as direct Bitcoin spot ETF products are still pending in the New Zealand market, and MicroStrategy’s performance closely tracks the broader Bitcoin ecosystem.

Consensus analyst recommendations on MSTR remain firmly positive, with ‘Strong Buy’ and a 41% upside potential. Recent updates from institutional research houses report a consensus price target of USD 530.29 against a last trade near USD 370, indicating robust anticipated growth. Notably, 14 to 17 analysts currently cover the stock, reflecting growing institutionalization and accessibility for international investors. For NZ portfolio managers, MicroStrategy’s analyst-validated growth outlook and ongoing attention from Wall Street provides reassurance when allocating to high-beta, international growth equities, crucial for balanced diversification.

The company is advancing an ambitious USD 42 billion capital strategy to further grow its Bitcoin reserves. In line with statements from official company filings released this week, MicroStrategy is expanding its capital-raising plan—combining stock issuances and debt—to target additional Bitcoin purchases over the next three years. This strategic positioning as the “world’s first and largest Bitcoin treasury company” could offer NZ investors leveraged exposure to the crypto asset class through means not directly available domestically. The ongoing rollout of MicroStrategy’s $21 billion at-the-market equity issuance program supports greater liquidity and international participation—including from regional institutional clients and ETFs.

Technical momentum strengthens as the company holds more than 580,000 bitcoins, significantly outperforming its acquisition cost. MicroStrategy’s Bitcoin holdings, recently updated to exceed 580,000 BTC acquired at an average under $40,000, have appreciated substantially relative to current market levels, underpinning the share’s year-to-date performance. For NZ investors and financial advisors, this asset-backed treasury model—unmatched among listed technology peers—offers rare exposure to digital asset appreciation as part of an international equity allocation, without the custody and AML compliance frictions of direct token holdings.

The positive regulatory environment abroad increases the accessibility and attractiveness of MSTR for offshore investors, including from New Zealand. This week, MicroStrategy has been re-confirmed as eligible for major US tax-advantaged retirement accounts after regulatory guidance shifted in favor of crypto-related equities. For NZ-based investors, especially those holding exposure via offshore structures, this development may signal continued acceptance and mainstreaming of crypto-proxy assets, potentially paving the way for further cross-border flows into MSTR and similar vehicles as regulatory clarity improves globally.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.