Key Insights:
- MicroStrategy (MSTR) stock spiked by 2% on the daily chart despite negative comments surrounding possible delisting from the MSCI index.
- Ledger CTO highlights the rapid growth of the crypto industry, now targeted by top banks JPMorgan and Morgan Stanley.
- MSTR is poised for a short-term target of $200 as the crypto community shows support for MicroStrategy
The price of MicroStrategy (MSTR) stock, now Strategy, has rebounded today, November 28, 2025, amid the MSCI delisting campaign. Following the rally, analysts and investors are now eyeing the $200 milestone as the next possible target.
The Current MicroStrategy (MSTR) Stock Price Outlook
As of this writing, the MSTR stock is trading at $185, up 5.35% over the past 24 hours. The stock also rallied in pre-market trading by 2.08%.
However, MicroStrategy stock is down 38.29% over the past month and 51.8% over the previous six months. Year-to-date, MSTR is down sharply by 39.4% and 54.7% over the past year.
The stock experienced volatility in early November, fluctuating between $169.70 and $180.63, with an average volume of nearly 14 million shares. The MSTR stock price largely mirrored the recent pullback in Bitcoin (BTC) from peak levels.
In mid-November, MicroStrategy Chairman Michael Saylor lost over $4 billion of personal wealth in six months as MSTR stock and Bitcoin prices slid.
MSTR stock also dropped after reports that MSCI is contemplating excluding companies like Strategy with digital-asset holdings exceeding 50% of total assets.
Following the response from Saylor that Strategy is a publicly traded company that uses Bitcoin as productive capital, MSTR stock rebounds nearly 1%.
MSCI and the Delisting Implications
According to crypto analyst Adrian on X, the delisting campaign of MicroStrategy from MSCI and major indices is still on.
The analyst noted that JPMorgan, Morgan Stanley, and MSCI are coordinating to devalue or delist MSTR from major stock indices. Adrian argued that the move is not about risk management, but a strategic takeover.
Adrian noted that delisting MSTR stock from major indices would trigger forced selling. MSCI provides global stock indices tracked by trillions in passive funds. Hence, if MSTR gets delisted, index trackers must sell shares, creating a forced liquidation.
This could free up billions in capital that could then flow into investment products tied to BTC like BlackRock’s iShares Bitcoin Trust ETF (IBIT).
The analyst explained that JPMorgan and Morgan Stanley are already launching leveraged IBIT products to capture displaced BTC from Strategy.
Adrian structures the banks’ move as a sequence of escalating decisions. It started with Hedge fund manager Jim Chanos announcing BTC direct purchase while shorting MSTR stock.
The analyst described the move as a “blatant attempt to sway sentiment.”
Shortly after, JPMorgan raised the cash needed to borrow MSTR shares for leveraged trades.
Adrian views the act as hostile to raise selling pressure, especially since MicroStrategy stock was rallying on BTC gain.
Other crypto stakeholders, like Ledger CTO Charles Guillemet, have also shown support for MicroStrategy, expressing displeasure about its potential removal from top global stock indices.
In an X post, Guillemet said the move is a desperate attempt to slow the momentum of the crypto market.
The Ledger CTO argued that the delisting is a pushback from traditional finance (TradFi) gatekeepers.
He believes Bitcoin treasuries challenge corporate cash management norms, while stablecoins like USDT bypass banks for global payments.
“The paradigm shift is inevitable: you either embrace it, or you get disrupted,” Guillemet concluded.
Market analysts also view the negative comments about a potential MSTR delisting from MSCI positively. Some forecasted that the MSTR stock price could hit $200 in the short term.
Meanwhile, TipRanks analysts gave 14 buy ratings and 0 sell ratings for MSTR. They also predicted an average target of $524.
They pointed out that the MicroStrategy balance sheet remains safe as long as Bitcoin stays above about $87,300.
As of this writing, the BTC price has rallied back towards the $91,000 levels.