Down 40% in the Past 6 Months, Should You Buy, Sell, or Hold MicroStrategy Stock in November 2025?

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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};ge("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat($n)),notifLabel:document.querySelector(".".concat(Xn))};t.notifDropdown&&so(e,t)}))}()}};]]>Aditya RaghunathTue, November 11, 2025 at 9:42 PM GMT+1 3 min readStrategy (MSTR), formerly MicroStrategy, stock has taken investors on a volatile ride, plummeting 40% over the past six months as Bitcoin's (BTCUSD) price swings and concerns about the company's aggressive fundraising strategy weigh on shares.The software company, which transformed itself into the world's largest corporate holder of Bitcoin, saw its stock hit a seven-month low this week after the cryptocurrency briefly dipped below $100,000.Google Has a ‘Secret Weapon’ That Could Make GOOGL Stock One of the Best AI Buys for 202630,000 Reasons It May Be Time to Sell Amazon Stock NowQualcomm Wants to Beat Nvidia in AI Chips, but QCOM Stock Needs to Win Over Wall Street FirstMarkets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines.What was once a winning bet during the crypto boom has turned sour as investors question whether Chairman Michael Saylor's strategy of continuously buying more Bitcoin makes sense at current prices.Strategy's preferred stock sale has sparked worries about shareholder dilution, while the premium investors once paid for MSTR shares over its Bitcoin holdings has shrunk dramatically.Let’s see if you should buy, sell, or hold MSTR stock right now.www.barchart.comMichael Saylor's bold Bitcoin strategy faces its toughest test yet as investor enthusiasm cools and the company scrambles to maintain momentum. Over the last five years, Strategy has evolved from a modest software company into the world's largest corporate holder of Bitcoin.Strategy recently announced it is raising the dividend on its preferred shares to 10.5% in November. The move comes as the company attempts to revive sluggish demand for these securities, which have become its primary source of funding for purchasing more Bitcoin.MSTR stock has plunged roughly 45% from its November peak, as the premium it once enjoyed over its Bitcoin holdings has shrunk dramatically. Its market multiple to the net asset value has narrowed to 1.06x from 2.7x last year and is hovering near its 20-month low. This decline makes the issuance of new common shares dilutive to existing shareholders, forcing the company to consider alternative funding options.While BTC recently hit a record high, it is down 20% from record levels. In Q3 of 2025, Strategy reported a net income of $2.8 billion tied to unrealized gains on its crypto stockpile, which is valued at $70 billion. A few days back, Strategy added 487 Bitcoin using “just” $50 million from preferred stock sales, a far cry from the multi-billion-dollar buying sprees that once moved markets.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,882.00 +6.25 (+0.09%)Dow Futures48,464.00 +96.00 (+0.20%)Nasdaq Futures25,662.50 +38.75 (+0.15%)Russell 2000 Futures2,460.50 +0.60 (+0.02%)VIX17.62 +0.11 (+0.63%)Gold4,236.40 +22.80 (+0.54%)PortfolioSign in to access your portfolioSign inTop gainersMH McGraw Hill, Inc. 14.09 +2.72 (+23.92%)CNTA Centessa Pharmaceuticals plc 26.70 +4.16 (+18.46%)BBAI BigBear.ai Holdings, Inc. 7.17 +1.11 (+18.32%)ONON On Holding AG 41.51 +6.33 (+17.99%)ORLA Orla Mining Ltd. 12.04 +1.46 (+13.80%)Top losersDGNX Diginex Limited 14.00 -2.35 (-14.37%)CRCL Circle Internet Group 86.30 -12.00 (-12.21%)RGTI Rigetti Computing, Inc. 28.30 -3.10 (-9.87%)MENS Jyong Biotech Ltd. 36.70 -3.96 (-9.74%)DQ Daqo New Energy Corp. 32.15 -3.46 (-9.72%)Most activeOPEN Opendoor Technologies Inc. 9.37 +0.89 (+10.50%)BBAI BigBear.ai Holdings, Inc. 7.17 +1.11 (+18.32%)PLUG Plug Power Inc. 2.7300 +0.2000 (+7.91%)NVDA NVIDIA Corporation 193.80 +0.64 (+0.33%)AMD Advanced Micro Devices, Inc. 258.89 +21.37 (+9.00%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersBTC-USD Bitcoin USD 103,701.77 -159.10 (-0.15%)CSCO Cisco Systems, Inc. 73.96 +2.25 (+3.14%)ETH-USD Ethereum USD 3,542.64 +84.22 (+2.44%)BABA Alibaba Group Holding Limited 157.91 -2.89 (-1.80%)CRCL Circle Internet Group 86.30 -12.00 (-12.21%)Top economic events