Key Insights
- Norway secures exposure to Bitcoin through MSTR.
- JPMorgan investigated for alleged manipulation of MSTR stock price.
- Price struggles to recover above $200 despite rising volumes.
MicroStrategy (MSTR) stock has been experiencing a period of relief from the bears in the last 2 weeks.
Investors have been speculating on its prospects, especially considering its discount and the wave of accumulation observed since then.
Speaking of accumulation, some noteworthy buyers have increased their exposure to the Microstrategy stock this year.
Recent reports revealed that Norway has invested about $1.18 billion in MSTR stock through its sovereign wealth fund.
Norway’s investment in MSTR stock means the central bank is securing exposure to Bitcoin. The Norges Bank now holds about 2.98 million MSTR shares.
Interestingly, the Norges Bank was not the only central bank that has been buying the crypto stock.
Previous reports revealed that the National Bank of Canada acquired about 1.47 million in shares for about $273 million.
These reports highlight the appeal that the cryto stock offers as one of the most promising stock in 2026.
JPMorgan Finds Itself at the Center of MSTR Stock Manipulation Controversy
If you have been keeping up with recent MSTR news, then you may have heard about claims of manipulation to crush Strategy’s stock price. Those claims might just be true.
The Retail United Advocacy Group has reportedly sent a letter to Michael Saylor, notifying him that they have commenced an investigation over the matter.
The letter also revealed that they were targeting JPMorgan over alleged manipulation concerns.
According to the letter, JPMorgan sold off a large amount of MSTR stock and also made negative commentary about Strategy.
The investigating authority claim this move may have had elements of manipulation. The letter also hinted that a lawsuit might follow if the investigation confirms that manipulation took place.
In the meantime, analysts see this as a win for Strategy and sentiment around the MSTR stock.
The shifting sentiment aligns with the sell-side exhaustion, which could potentially pave the way for MSTR to achieve some recovery.
Stock Faces Weak Demand, but Will that Change?
MSTR stock price crashed by about 63% from mid-July to its lowest price level in November. This performance reflected the massive wave of sell pressure that affected the stock.
News of major institutions, including central banks of countries such as Canada and Norway, have done little to boost demand at recently discounted levels.
The bears might be on recess but the bulls were unable to capitalize. MSTR stock price traded at $183. Its inability to bounce back above $200 highlighted weak demand.
Despite this, volumes have been building up near its latest local lows. This suggests that accumulation has been taking place, although it has not been strong enough to fuel a steeper recovery.
However, the MSTR demand build-up near recent lows suggests that the cryptocurrency might be headed for yet another rally.
MSTR stock has so far had limited upside largely due to limited BTC recovery.
Investors expect the stock to achieve more recovery as Bitcoin started to climb back towards $100,000.
Moreover, the improving market sentiment may also favor the stock, alongside increased buying momentum.
But just how far can the crypto stock price go if market forces allow? A strong demand wave could potentially allow the stock to rally back above $300.
Such an outcome would be equivalent to a 63% plus upside from its current level, hence presenting an opportunity for significant gain if demand makes a strong comeback.
However, it is important to note that another unexpected BTC crash risks more MSTR crypto stock price downside.