Strategy Inc. executive chairman Michael Saylor believes Bitcoin makes MSTR stock “interesting,” but Polymarket traders predict a 76% chance the company will be removed from MSCI by March 31. The options interest-to-market cap ratio for MSTR is at 86.2%, much higher than other tech giants like Tesla, Meta Platforms, and Nvidia.

Although MSTR is up 3.70% today, it remains in a downtrend after a 66% decline from July’s peak. The 20 EMA at $167.67 and the 50 EMA at $202.78 serve as resistance levels. The Supertrend indicator at $181.47 is bearish, and a descending trendline from the November peak is limiting upside attempts.

Traders are expecting structural pressure on MSTR stock to occur sooner rather than any short-term upside related to Bitcoin accumulation. There is a 64% chance MicroStrategy announces holdings above 680,000 BTC by Jan. 31, down from recent highs. This uncertainty reflects concerns over index eligibility and classification, rather than just headline risk.

Read more at Yahoo Finance: Michael Saylor Says Bitcoin Makes MSTR ‘Interesting,’ But Polymarket Aren’t So Sure