diff --git a/src/msvcbuild.bat b/src/msvcbuild.bat
index 6a889e1..08c4e3c 100644
--- a/src/msvcbuild.bat
+++ b/src/msvcbuild.bat
@@ -64,20 +64,23 @@ buildvm -m vmdef -o %SOURCEDIR%\jit\vmdef.lua %ALL_LIB%
 buildvm -m folddef -o %SOURCEDIR%\lj_folddef.h %SOURCEDIR%\lj_opt_fold.c
 @if errorlevel 1 goto :BAD
 
+@if "%2"=="static" set CRT_LINKAGE=/MT
+@if "%2"=="dynamic" set CRT_LINKAGE=/MD
 @set LJLINK=%LJLINK% /debug
-@if "%2" neq "debug" goto :NODEBUG
+@if "%3" neq "debug" goto :NODEBUG
 @shift
 @set LJCOMPILE=%LJCOMPILE% /Zi
+@set CRT_LINKAGE=%CRT_LINKAGE%d
 :NODEBUG
-@if "%2"=="amalg" goto :AMALGDLL
+@if "%3"=="amalg" goto :AMALGDLL
-@if "%2"=="static" goto :STATIC
+@if "%3"=="static" goto :STATIC
-%LJCOMPILE% /MD /DLUA_BUILD_AS_DLL %SOURCEDIR%\lj_*.c %SOURCEDIR%\lib_*.c /Fdlua51.pdb
+%LJCOMPILE% %CRT_LINKAGE% /DLUA_BUILD_AS_DLL %SOURCEDIR%\lj_*.c %SOURCEDIR%\lib_*.c /Fdlua51.pdb
 @if errorlevel 1 goto :BAD
 %LJLINK% /DLL /out:%LJDLLNAME% lj_*.obj lib_*.obj
 @if errorlevel 1 goto :BAD
 @goto :MTDLL
 :STATIC
-%LJCOMPILE% %SOURCEDIR%\lj_*.c %SOURCEDIR%\lib_*.c  /Fdlua51.pdb
+%LJCOMPILE% %CRT_LINKAGE% %SOURCEDIR%\lj_*.c %SOURCEDIR%\lib_*.c  /Fdlua51.pdb
 @if errorlevel 1 goto :BAD
 %LJLIB% /OUT:%LJLIBNAME% lj_*.obj lib_*.obj
 @if errorlevel 1 goto :BAD
@@ -94,7 +94,7 @@
 if exist %LJDLLNAME%.manifest^
   %LJMT% -manifest %LJDLLNAME%.manifest -outputresource:%LJDLLNAME%;2
 
-%LJCOMPILE% %SOURCEDIR%\luajit.c  /Fdluajit.pdb
+%LJCOMPILE% %CRT_LINKAGE% %SOURCEDIR%\luajit.c  /Fdluajit.pdb
 @if errorlevel 1 goto :BAD
 %LJLINK% /out:luajit.exe luajit.obj %LJLIBNAME%
 @if errorlevel 1 goto :BAD