Key Insights:
- UBS currently owns 5.76M MSTR Stock, valued at approximately $805M.
- MSTR stock is showing a strong correlation to Bitcoin, and its correlation is 0.97.
- BTC has recovered above $78K, favoring MSTR towards $175.
UBS has increased its purchases of MSTR Stocks by 3.23 million shares, bringing the total to 5.76 million shares, valued at approximately $805 million. The action will provide the bank with an additional indirect exposure to Bitcoin without owning it.
Although BTC price recently recovered, the price of MicroStrategy shares is still down 62% from its high. That appears to be a leveraged crypto holding. Traders are closely watching support between $130 and $135 while eyeing $175 as a potential upside level.
Why UBS is Using MSTR Stock for Bitcoin Exposure
The additional use of MicroStrategy by UBS highlights an emerging trend among traditional financial institutions. Banks, such as UBS, can access Bitcoin indirectly through holding MSTR stock. Thus, they avoid the direct risks of holding the currency and regulatory obstacles.
MicroStrategy owns 713,504 Bitcoin, which is estimated at almost $54 billion USD at the last update. This figure is approximately 73% of the total assets of the company.
The company has been steadily buying BTC even in the declining cycles. Its recent minor acquisition comes after a tumultuous season in which Bitcoin fell to as low as $76,000, below MicroStrategy’s average buy-in level.
The stake of UBS is aligned with the strategic positioning of UBS. Since its Credit Suisse acquisition, UBS has been emphasizing effective capital distribution. The bank has the space to indulge such indirect crypto plays because of its solid capital ratios and almost 7 trillion invested assets by the end of 2025.
Can MSTR Stock Price Reach $175 Amid Crypto Recovery?
The stock of MSTR, which is highly correlated with Bitcoin’s performance, has decreased by 56% over the last 12 months. The company still values BTC acquisitions more than conventional earnings accumulation. This consequently causes its valuations to reflect Bitcoin more than quarterly reports.
Despite a revenue outlook of $119 million and a predetermined EPS loss of up to 0.08 in the fourth quarter of 2025, analysts still categorized MSTR stock as a buy.
The existing price estimates indicate potential growth if crypto strength resumes. Bitcoin has since recovered to above $78,000 following the pressure, easing fears over MicroStrategy’s average BTC cost
MSTR traded near 1.09x net asset value when writing. This premium gave the option to issue additional equity to finance additional Bitcoin purchases. It’s something the company could not easily have done during earlier bear markets.
Nevertheless, the volatility is high. The MSTR stock price may test support around $100 if Bitcoin weakens once again.
Correlation data shows a 0.97 rolling 90-day relationship between MSTR and BTC. A high correlation means the direction is similar. The MicroStrategy shares have shown sharper movement due to leverage and balance sheet considerations.
MSTR Stock Forecast: Technicals, Sentiments, and Bitcoin
Key resistance being monitored by investors and traders lies between $175 and $ 200. The recovery in Bitcoin may continue to bring MSTR into that area. Recent trading patterns are leaning towards consolidation rather than a specified breakout.
The mood affecting MSTR is not confined to Bitcoin price. It encompasses debt ratios, risk exposure, and the company’s unusual treasury policy. With BTC rebounding, there is hope it might recover, but price fluctuations might be over, particularly given MSTR’s structure.
In recent sessions, MicroStrategy shares opened 4% lower as Bitcoin slipped, but stabilized after BTC reclaimed $78,000. The MSTR stock still mirrors every Bitcoin move almost in real-time. With UBS now holding $805 million worth of shares, institutional confidence may offer some support. However, the price direction still hinges on Bitcoin.
The post Can MSTR Stock Hit $175 as UBS Adds 3.2M More Strategy Shares appeared first on The Coin Republic.
Source: https://www.thecoinrepublic.com/2026/02/04/can-mstr-stock-hit-175-as-ubs-adds-3-2m-more-strategy-shares/
