JPMorgan

MSTR

<h3 class="wp-block-heading" id="h-key-insights"><strong>Key Insights:</strong></h3>
<ul>
 <li>Rumors suggest JPMorgan holds a massive short position on MSTR stock, betting the stock will decline.</li>
 <li>Speculation has emerged that the U.S. government could take stakes in MSTR and Coinbase, potentially disrupting short positions.</li>
 <li>Combined, these factors have fueled talk of a possible GameStop-style short squeeze, with a rumored target of a 50% price jump.</li>
 <li>Analysts and traders caution that these claims are unverified and advise treating the information with skepticism.</li>
</ul>
<p>MSTR stock, the trading symbol for Strategy Inc. (NASDAQ: MSTR), closed at $170.50 on Friday, November 21, 2025, capping a brutal month that saw shares drop 43% amid Bitcoin’s 30% slide from its yearly high.</p>
<p>Rumors exploded over the weekend on X, alleging JPMorgan Chase holds a massive short position on MicroStrategy (MSTR) stock, potentially vulnerable to a 50% rally that could force a GameStop-style squeeze and wipe out billions in gains.</p>
<p>These claims, amplified by Bitcoin advocates like Max Keiser, coincide with a broader backlash against the bank, including reports of thousands closing accounts in protest.</p>
<p>While unverified, the chatter has reignited debate on Strategy’s role as a leveraged Bitcoin proxy, with short interest at 9.74% as of November 15, per Nasdaq data, far below GameStop’s 140% peak in 2021 but enough to fuel speculation if retail piles in.</p>
<h2 class="wp-block-heading" id="h-mstr-stock-the-jpmorgan-short-rumor-takes-center-stage"><strong>MSTR Stock: The JPMorgan Short Rumor Takes Center Stage</strong></h2>
<p>Whispers of JPMorgan’s alleged short on MSTR stock surfaced prominently on November 23, 2025, via X posts from influencers like @TokenTideCrypto.</p>
<p>In a <a href="https://x.com/TokenTideCrypto/status/1992838118349947213" target="_blank" rel="noopener noreferrer nofollow">post</a> viewed over 195,000 times, the account claimed, “JP Morgan has a huge short position on MicroStrategy’s $MSTR. This is why they are FUDing against #BTC and Strategy to profit hundreds of millions.”</p>
<div class="wp-block-image">
 <figure class="aligncenter size-full is-resized">
  <img loading="lazy" width="587" height="554" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/11/image-965.png" alt="JP Morgan Short Position on MicroStrategy (MSTR) Stock | Source: TokenTide X" style="width: 100%;height:auto">
  <figcaption>
   JP Morgan Short Position on MicroStrategy (MSTR) Stock | Source: TokenTide X
  </figcaption>
 </figure>
</div>
<p>This narrative gained traction amid JPMorgan’s public warnings. On November 20, the bank’s analysts flagged risks of exclusion of the MicroStrategy (MSTR) stock <a href="https://www.thecoinrepublic.com/2025/11/21/breaking-michael-saylor-responds-to-strategys-delisting-risk-from-msci-index-nasdaq-100/" rel="noopener noreferrer nofollow">from MSCI equity indices</a>, estimating up to $2.8 billion in forced selling by passive funds if reclassified as a “fund” rather than a company.</p>
<p>Short interest stood at 25.28 million shares as of November 15, down slightly from 25.37 million two weeks prior, according to MarketBeat’s bi-weekly update on November 23.</p>
<p>Borrow fees for MSTR stock hovered at 1.5% annualized, per Fintel data updated November 24, indicating steady but not extreme demand from shorts.</p>
<p>The community reaction turned fiery. Max Keiser, a vocal Bitcoin proponent, posted on November 23: “UNCONFIRMED: JP Morgan appears to have an existentially threatening short $MSTR position that can potentially bankrupt $JPM if $MSTR trades 50% higher above Friday’s close. GAMESTOP VIBES INTENSIFY<img src="https://s.w.org/images/core/emoji/16.0.1/72x72/203c.png" alt="‼" style="height: 1em; max-height: 1em;">”</p>
<p>His tweet, viewed 1.2 million times, sparked calls for a “rage trade,” echoing GameStop’s 2021 frenzy. Pro-crypto lawyer John E. Deaton added fuel, stating on X, “If JPMorgan is short Saylor and $MSTR – I hope a GameStop rage trade occurs and costs JPM billions.”</p>
<h2 class="wp-block-heading" id="h-microstrategy-stock-ties-to-broader-index-drama"><strong>MicroStrategy Stock Ties to Broader Index Drama</strong></h2>
<p>The vulnerability in MicroStrategy stock ties directly to its status as a digital asset treasury (DAT). Strategy, formerly MicroStrategy, holds 641,000 BTC, valued at about $56 billion at $87,000 per Bitcoin pricing.</p>
<p>This makes MSTR stock a high-beta play on BTC, with shares trading at a 1.16x net asset value multiple, the lowest in the cycle, according to JPMorgan’s analysis.</p>
<p>The <a href="https://www.thecoinrepublic.com/2025/11/21/microstrategy-mstr-stock-keeps-a-thin-3-margin-as-delisting-fears-grow/" rel="noopener noreferrer nofollow">index threat</a> looms large. MSCI, the world’s second-largest index provider, announced on October 10, 2025, that it was reviewing whether DATs like Strategy qualify as operating companies or investment vehicles.</p>
<p>A final ruling comes on January 15, 2026. Crypto analyst Ran Neuner (@cryptomanran) broke this down in an X thread on November 18: “On EXACTLY 10th October, MSCI published [guidance] questioning whether companies that hold crypto assets… should be considered as ‘companies’ or ‘funds’.”</p>
<div class="wp-block-image">
 <figure class="aligncenter size-full">
  <img loading="lazy" width="599" height="513" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/11/image-964.png" alt="MSTR Stock Comments | Source: Ran Neuner X">
  <figcaption>
   MSTR Stock Comments | Source: Ran Neuner X
  </figcaption>
 </figure>
</div>
<p>If deemed funds, exclusion from indices could trigger $11 billion in outflows, Bankless estimated on November 21, hitting peers like Marathon Digital and Riot Platforms too.</p>
<p>Institutional moves underscore the pressure. Wall Street giants, including BlackRock trimmed $5.38 billion in MSTR stock during Q3 2025, dropping holdings from $36.32 billion to $30.94 billion, per 13F filings.</p>
<p>Short-seller Jim Chanos closed his MSTR stock bearish bets in late October, citing a collapsing premium to NAV, as he told CNBC on November 1.</p>
<p>Yet <a href="https://www.thecoinrepublic.com/2025/11/20/mstr-stock-recovers-amid-60b-arizona-state-pension-fund-bet/" rel="noopener noreferrer nofollow">Arizona’s pension fund bucked the trend</a>, scooping up $15 million in MSTR stock on November 22, per state disclosures— a rare vote of confidence amid the rout.</p>
<h2 class="wp-block-heading" id="h-government-stake-whispers-add-fuel-to-mstr-stock-fire"><strong>Government Stake Whispers Add Fuel to MSTR Stock Fire</strong></h2>
<p>Layered atop the short buzz, rumors emerged of U.S. government interest in MSTR stock. On November 23, @TheBTCTherapist posted: “RUMOR: The U.S. is contemplating a multibillion-dollar investment in $MSTR &amp; $COIN,” tagging Treasury Secretary Scott Bessent and President Trump.</p>
<p>The claim, viewed 850,000 times, drew parallels to the administration’s August 2025 purchase of a 10% stake in Intel for national security reasons, as reported by Reuters then.</p>
<p>Bitcoin pioneer Max Keiser amplified it, suggesting the White House engineered Bitcoin’s November dip to compress MSTR stock’s mNAV to 1.0x for a strategic buy-in.</p>
<p>“The US is contemplating a multi-billion-dollar investment in MSTR, and they needed the mNAV to be 1 before it made sense,” echoed X user @TeddyCleps in a November 23 thread. No filings or official comments back this.</p>
<p>These tales dovetail with Trump’s pro-crypto tilt. The GENIUS Act, signed July 21, 2025, greenlit Bitcoin as collateral for federal loans.</p>
<p>Strategy capitalized, buying 6,220 BTC for $739.8 million that week. If true, a government stake could spike MSTR stock 50% to $255.75, per TradingView charts shared in @TokenTideCrypto’s post, squeezing shorts and validating Keiser’s bankruptcy warning.</p>
<h2 class="wp-block-heading" id="h-boycott-backlash-and-community-mobilization"><strong>Boycott Backlash and Community Mobilization</strong></h2>
<p>The feud has mobilized Bitcoiners against JPMorgan. Reports of account closures surged: Grant Cardone, a real estate mogul, tweeted on November 23, “I cancelled my JPM account and moved entire account to Wells,” with a screenshot, amassing 14,000 likes.</p>
<p>Ash Crypto claimed on November 24, “Thousands of people are closing their JP Morgan accounts following a premeditated attack on Bitcoin / $MSTR shareholders,” backed by user-submitted proofs in replies.</p>
<p>This echoes Strike CEO Jack Mallers’ ordeal. On November 23, he revealed that JPMorgan shuttered his family’s 30-year accounts without explanation, posting: “Last month, J.P. Morgan Chase threw me out of the bank… ‘We aren’t allowed to tell you’.”</p>
<p>Viewed 3 million times, it tied into broader grievances, including Senate probes into JPMorgan’s Epstein ties.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-full">
  <img loading="lazy" width="601" height="431" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/11/image-963.png" alt="JP Morgan Faces Community Backlash | Source: Jack Mallers X">
  <figcaption>
   JP Morgan Faces Community Backlash | Source: Jack Mallers X
  </figcaption>
 </figure>
</div>
<p>X chatter reflects the divide. A November 24 semantic search for “MSTR short squeeze JPMorgan” yielded 15 recent posts, including @PhatmoSpace’s call: “Pump $BTC. Pump $MSTR. Liquidate JPMorgan!!”</p>
<p>Yet skeptics abound. @jasonlukas37 posted November 24: “JPMorgan shorting MSTR to bankruptcy? 100% FAKE. SEC 13F: ZERO shorts, only long shares + tiny puts. MSTR short interest=9.74% (not GME 140%).”</p>
<p>Harvard’s endowment, meanwhile, tripled its iShares Bitcoin Trust stake to $443 million in Q3, per filings, signaling institutional BTC bets persist despite MSTR stock woes.</p>
<h2 class="wp-block-heading" id="h-weighing-the-odds-squeeze-or-sideshow"><strong>Weighing the Odds: Squeeze or Sideshow?</strong></h2>
<p>The path of MicroStrategy (MSTR) stock hinges on catalysts. Bitcoin at $85,000—down 35% from peaks—drags the proxy, but a rebound to $90,000 could lift shares 20%.</p>
<p>Short interest at 9.74% offers squeeze potential if volume spikes; GameStop’s 140% threshold amplified retail frenzy, but $7.4 billion market cap of MicroStrategy demands coordinated buying.</p>
<p>Government rumors, while thin, highlight Strategy’s symbolic weight—Saylor’s “productive capital” thesis, as he tweeted November 21: “Strategy is not a fund… We’re a publicly traded operating company with a $500 million software business.”</p>
<p>For MSTR stockholders, this mix of rumor and reality tests resolve. History shows social media can bend markets, as in GameStop.</p>
<p>But with institutional outflows at $5.38 billion and BTC volatility unchecked, caution tempers hype. As one X user noted on November 24 (@lawnboygeorge): “They’ve certainly anticipated all potential outcomes… There will be no squeeze.” The truth may lie in January’s verdict—and what Bitcoin does next.</p>
<p>The post <a href="https://www.thecoinrepublic.com/2025/11/25/could-mstr-stock-be-the-next-gamestop-with-a-50-short-squeeze/" rel="noopener noreferrer nofollow">Could MSTR Stock Be the Next GameStop With a 50% Short Squeeze?</a> appeared first on <a href="https://www.thecoinrepublic.com" rel="noopener noreferrer nofollow">The Coin Republic</a>.</p>

Could MSTR Stock Be the Next GameStop With a 50% Short Squeeze?

Table of Contents

Thecoinrepublic.com

Other articles published on Nov 25, 2025

Join our free newsletter for daily crypto updates!