MicroStrategy (Strategy) shares, trading near $97 in mid-August 2026 after a 60%+ decline from 2025 peaks, remain tightly correlated to Bitcoin, which underpins its 840,447 BTC treasury representing roughly 4% of total supply. Recent catalysts include Q2 results showing a sharp EPS miss alongside $216 million in BTC sales at a loss to bolster cash reserves and preferred dividends, offset by modest institutional accumulation via 13F filings and at-the-market equity raises. The stock's premium to net asset value has compressed significantly amid broader crypto volatility and analyst target reductions, with the next earnings release not until late October. Market-implied odds reflect these balance-sheet adjustments and Bitcoin price sensitivity as the dominant near-term drivers.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated↑ $160
50%
↑ $150
50%
↑ $140
50%
↑ $130
50%
↑ $120
50%
↑ $110
50%
↓ $90
51%
↓ $80
51%
↓ $70
50%
↓ $60
50%
↓ $50
50%
↓ $40
50%
↓ $30
50%
$220 Vol.
↑ $160
50%
↑ $150
50%
↑ $140
50%
↑ $130
50%
↑ $120
50%
↑ $110
50%
↓ $90
51%
↓ $80
51%
↓ $70
50%
↓ $60
50%
↓ $50
50%
↓ $40
50%
↓ $30
50%
Only prices achieved during the regular trading hours of the primary exchange on which the listed security trades (typically 9:30 AM – 4:00 PM ET) will be considered. Prices occurring during pre-market or after-hours trading will not qualify.
Prices will be used exactly as published by Pyth, without rounding.
In the event of a stock split, reverse stock split, or similar corporate action affecting the listed company during the listed time frame, this market will resolve based on split-adjusted prices as displayed on Pyth.
The target price will be adjusted proportionally to reflect any stock splits. Resolution will be based on the historical price data as shown on Pyth after any adjustments have been applied.
The resolution source for this market is Pyth — specifically, the MicroStrategy (MSTR) "High" prices available at https://pythdata.app/explore/Equity.US.MSTR%2FUSD, with the chart settings configured for 1-minute candles.
Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter. Any timestamp within the listed market time frame may be used to view the relevant candle data (e.g., https://pythdata.app/explore/Equity.US.MSTR%2FUSD?t=1773432000)
If the relevant Pyth data is unavailable due to a system outage, data failure, or other technical disruption that prevents verification of the required 1-minute candle data, the official daily high price published by the primary exchange on which the listed security trades will be used to determine whether the listed price was reached during the applicable trading session.
Market Opened: Jul 25, 2026, 12:01 AM ET
Resolution Source
https://pythdata.app/explore/Equity.US.MSTR%2FUSDResolver
0x65070BE91...Only prices achieved during the regular trading hours of the primary exchange on which the listed security trades (typically 9:30 AM – 4:00 PM ET) will be considered. Prices occurring during pre-market or after-hours trading will not qualify.
Prices will be used exactly as published by Pyth, without rounding.
In the event of a stock split, reverse stock split, or similar corporate action affecting the listed company during the listed time frame, this market will resolve based on split-adjusted prices as displayed on Pyth.
The target price will be adjusted proportionally to reflect any stock splits. Resolution will be based on the historical price data as shown on Pyth after any adjustments have been applied.
The resolution source for this market is Pyth — specifically, the MicroStrategy (MSTR) "High" prices available at https://pythdata.app/explore/Equity.US.MSTR%2FUSD, with the chart settings configured for 1-minute candles.
Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter. Any timestamp within the listed market time frame may be used to view the relevant candle data (e.g., https://pythdata.app/explore/Equity.US.MSTR%2FUSD?t=1773432000)
If the relevant Pyth data is unavailable due to a system outage, data failure, or other technical disruption that prevents verification of the required 1-minute candle data, the official daily high price published by the primary exchange on which the listed security trades will be used to determine whether the listed price was reached during the applicable trading session.
Resolution Source
https://pythdata.app/explore/Equity.US.MSTR%2FUSDResolver
0x65070BE91...MicroStrategy (Strategy) shares, trading near $97 in mid-August 2026 after a 60%+ decline from 2025 peaks, remain tightly correlated to Bitcoin, which underpins its 840,447 BTC treasury representing roughly 4% of total supply. Recent catalysts include Q2 results showing a sharp EPS miss alongside $216 million in BTC sales at a loss to bolster cash reserves and preferred dividends, offset by modest institutional accumulation via 13F filings and at-the-market equity raises. The stock's premium to net asset value has compressed significantly amid broader crypto volatility and analyst target reductions, with the next earnings release not until late October. Market-implied odds reflect these balance-sheet adjustments and Bitcoin price sensitivity as the dominant near-term drivers.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated


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