[Feature] Strategy, after declaring a STAT reserve, enters an 'all-time base-building' phase… "Plenty of fuel for a rebound"

Expectations for uncertainty surrounding the MSCI index to clear on the 15th… experts: "A healthy price correction is in its final stage"

Strategy, the world’s largest STAT reserve holder, has moved into a full-fledged base-building phase for a rebound after undergoing a price correction over the past six months.

According to major overseas media outlets including CoinDesk on the 1st (local time), Strategy’s shares, after a strategic price correction in the second half of last year, have entered an attractive zone where buying interest can flow in. The stock’s monthly trend went through a downward stabilization phase from July to December last year—an analysis says this marks the longest and most solidly built technical support level since it announced its STAT reserve in 2020.

CoinDesk offered a positive interpretation of last year’s annual change (-47.53%). "Compared with past cases where prices surged more than 40% in a short period after the 2022 downturn, the calm decline seen in the second half of last year without a rebound suggests short-term speculative money has exited and a 'sustained valuation reset' led by long-term investors has taken place," it said, adding that this could become a sturdier driver for gains when the stock rises going forward.

On a monthly basis, after confirming a low in November last year (-34.26%), the pace of losses gradually slowed through October (-16.36%), December (-14.24%), and September (-3.65%). In particular, as STAT prices held up relatively well during the downturn, the gap between Strategy’s share price and the value of its STAT holdings has narrowed, boosting its investment appeal, according to the assessment.

Meanwhile, the market’s focus is turning to Morgan Stanley Capital International (MSCI)’s index rebalancing results due on the 15th. Some have raised the possibility of Strategy being removed from the MSCI index, but this could instead mark the point at which the 'index-related uncertainty' that has weighed on the stock is fully cleared.

Asset-management experts at firms including Bitwise said, "Regardless of whether it is excluded from the index, Strategy’s current share price is sufficiently undervalued relative to its corporate value," adding, "As uncertainty is removed in mid-January, strong bargain-hunting demand is likely to flow in, increasing the chances of the start of a rebound rally."