MSTR Social Sentiment Tanking Alongside Bitcoin

Learn more about the recent decline in social sentiment around the MSTR stock; including the MSTR Stocktwits and MSTR Twitter communities.

MSTR Social Sentiment Tanking Alongside Bitcoin

Jun 16, 2022 - Jack Dalton

8:57 PM

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Image credit: Aleksi Räisä

Start analyzing MSTR Stocktwits, MSTR Twitter, MSTR conversations, MSTR message boards, and MSTR discussions.

Why is Social Sentiment Important? and Where Can You Track it?

As we have seen over the past couple of years, there were a good handful of "Social Sentiment Stocks" like GME and AMC that skyrocketed based almost solely off of social sentiment. As a result of this, many people have started to pay attention to the social sentiment behind stocks.

Out of the several MicroStrategy Incorporated (MSTR) stock discussion available to for investors to share their opinions and discuss their favourite stocks, there are 2 stock discussion forums that influence MSTR's social sentiment more than any others. These 2 stock discussion forums include MSTR Stocktwits and MSTR Twitter.

The Utradea Social Sentiment Dashboard allows you to track real-time trends and insights for MicroStrategy Incorporated discussions and MicroStrategy Incorporated conversations.

MSTR Stocktwits Sentiment is Diminishing

Here are the latest analytics from the MSTR Stocktwits forum (over the last 24hrs):

  • 146 Posts (down -51.5% day over day)
  • 259 Likes (down -26.84% day over day)
  • 535.02k Impressions (down -74.31% day over day)

Overall, the social sentiment in the MSTR Stocktwits community has been dwindling alongside Bitcoin. This is very notworthy, as social sentiment is something that has helped out Bitcoin in the past, and is now hindering it. MSTR has made big bets on Bitcoin and has currently lost (unrealized) over $1.2B, which is a mian reason for this drop off of social sentiment.

These decreases in social sentiment are a bit exxagerated due to posts, likes, and impressions for MSTR skyrocketing over the past couple of days, and just starting to slow back down now.

More of the Same: MSTR Twitter Sentiment Decreasing

Here are the latest analytics from the MSTR Twitter communiy (over the last 24hrs):

  • 421 Tweets (down -71.05% day over day)
  • 483.68k Likes (down -81.12% day over day)
  • 1.95M Impressions (down -84.03% day over day)

MSTR Twitter community is experiencing a similar decrease in social sentiment. This oncce again is due to the decreasing price of Btcoin, and higher social sentiment over the past couple of days, making todays sentiment look very weak. Overall, the MSTR Twitter community is 3-4x larger than the MSTR Stocktwits community and serves as a better proxy for the overall MSTR Sentiment.

MSTR Twitter Accounts that Influence Social Sentiment

Here is a count of “whale” accounts that are acitve on MSTR Twitter (over the past 72 hrs):

  • 31 somewhat large Twitter accounts 10,000+ followers (down 80%)
  • 2 large Twitter accounts with 100k+ followers (down 90%)

These whale accounts can have a huge impact on MSTR's social sentiment, however, these whale acounts have been distancing themselves from the MSTR stock, which results in less engagement, likes, and impressions. We might have to wait for the next Bitcoin bull cycle to see MSTR's social sentiment return to it's previoud highs.

Final Thoughts: MSTR Forums and Discussion Boards

Overall, investors are very active on the MSTR Stocktwits and MSTR Twitter Forum. Being able to quickly gain insights into a stocks social sentiment has proven to be beneficial for modern investors. We suggest getting familiar with the Utradea Social Sentiment Dashboard, as it is a quick way to stay up-to date with social sentiment across a wide variety of stocks.