MicroStrategy Falls 22% as Bitcoin Weakness Pressures Stock
A report from Beincrypto says MicroStrategy’s stock (MSTR) has fallen nearly 22% over the past month, closely tracking Bitcoin’s roughly 23% decline, and that the company’s Bitcoin holdings sit on more than $3.5 billion in unrealized losses. The drawdown has prompted some Wall Street firms to cut price targets, including Canaccord Genuity’s reduction from $474 to $185, about a 60% cut.
Technically, MSTR remains inside a falling wedge while the Chaikin Money Flow (CMF) has trended higher since January 12, creating a bullish divergence as price moved lower. The 20-day exponential moving average sits near the upper wedge boundary and has coincided with prior 10–15% rallies when reclaimed.
At the same time, the Money Flow Index (MFI) fell alongside price between January 30 and February 4, indicating weak retail dip buying. That split—institutional accumulation per CMF versus hesitant retail per MFI—helps explain why analysts remain divided on the stock’s outlook.