Michael Saylor’s Strategy Stock Draws Retail Traders’ Attention as Bitcoin Hits Another Peak — Is $400 Next?

Bitcoin hits fresh highs, marking a new milestone in the crypto market with a $400 gain. The rally is energizing traders to invest in digital assets, who were wasting their shares in sideways trading. The MicroStrategy founder and Bitcoin bull, Michael Saylor, has once again become a topic of discussion among traders. The parallel surging Strategy’s stock is drawing retail interest, posing a question: Will Saylor’s stock reach $400 next?

Saylor’s Bitcoin Bet: Strategy’s Identity Shift Explained

MicroStrategy was a data-driven and analytical software company, but its CEO has now removed “Micro” from the name, resulting in “Strategy,” and indicating a shift in its working model. A new corporate identity reflects its reshifting into a Bitcoin-focused journey. 

In the new financial model, Sylor converted the reserves and debt cash into digital assets that will grow in line with Bitcoin’s highs. This shift reflects the CEO’s risk-taking mindset and belief in the power of e-currency. According to BiteMyCoin, as of October 2025, “Strategy is the world’s first and largest Bitcoin treasury company.”

Why Strategy Stock Moves Faster Than Bitcoin

Strategy’s stock often drops/jumps faster than Bitcoin, attracting traders due to high volatility. As the Strategy utilizes its debt to purchase Bitcoin, the company’s net asset value is significantly influenced by the total digital holdings. 

Due to the high correlation between the Strategy’s equity and Bitcoin, it is known as the NAV multiplier. It means that a slight price shift in Bitcoin can increase or decrease the actual stock value. 

According to Investopedia via AMINA Group, “Strategy’s beta is around 3.83, a level of volatility that likely influenced the S&P 500 committee’s decision to exclude the company from the index.”

Retail Traders Target $400: Sentiment or Signal?

The Bitcoin surge in Strategy’s financial model has fixed retail traders on $400. This fixed amount is not just a number, but a psychological resistance, reflecting a significant jump in Strategy’s stock. 

Those who cross this number will not only break even, but also defeat Sylor’s long-term business vision. This competitive journey is capturing the attention of traders on social media; the stock on X and Reddit has spiked, setting a $400 target for every investor. 

As noted by traders on Stocktwits, “NAV will start to expand this week, $400 is possible.” Another user added, “Once we break key points 358 and 367, the sky is the limit.”

Inside the Flywheel: Equity Raise, then Buy BTC & then Repeat

Strategy raises its capital through sales sharing or convertible debt, which is a leveraged Bitcoin ETF for investors and retail traders. This self-reinforcing financial flywheel increases Strategy’s valuation with high influence of Bitcoin rather than software progress. 

Many investors consider it a proxy play, rather than showing direct ownership of the coin. According to Cointelegraph, June 2025, “Strategy purchased 10,100 Bitcoin for around $1.05 billion, with an average price of $104,080 per Bitcoin.”

Premium or Bubble? Strategy’s Valuation Debate Intensifies

Strategy’s market valuation exceeds its net asset value on Bitcoin highs, prompting investors to pay a premium for shareholding. This added value demonstrates traders’ confidence in Saylor’s superior trading strategy. It also highlights a significant difference between institutional action and retail enthusiasm. 

Where institutional analysts focus on caution, retail traders take risks based on valuation. As reported by Cointelegraph, “Strategy had acquired 582,000 BTC at an average price of roughly $70,086 per Bitcoin.” 

The firm’s total holdings now represent “a market cap of roughly $106 billion… with Bitcoin holdings worth about $62.6 billion. That 70% premium is a sign of how much confidence investors have in Saylor’s BTC strategy.”

Key Levels and Market Catalysts to Watch

Now, it’s time to closely monitor the technical resistance strategy stock and take actionable measures with calculated results. All the macro drivers, including ETF flows, market expectations, and halving cycles, should be aligned and progressing smoothly. There is a dire need to measure retail and institutional behaviour, especially in Q4. Analysts have set a 12-month price target of $495.17, suggesting “a ~46% upside from current levels.”