As Bitcoin rises, strategy rises 7%, approaching the 200-day simple moving average
Source: CoinWorld
Time: 2025-09-18 23:19:15
MicroStrategy (MSTR) shares are close to its 200-day simple moving average of $355 and are currently trading slightly above $350. The stock has been below that level since Aug. 25, up 6% on Thursday, rebounding from key support levels. The rise is consistent with Bitcoin’s strong trend, with Bitcoin’s price approaching $118,000 in September, up more than 8%. MSTR has risen 18% year to date and Bitcoin has risen 22%. By comparison, Japan's Metaplanet fell 10%, down nearly 75% from its peak.