Interest in him from Manchester United and Manchester City in the coming transfer window is making one La Liga star "happy" and "proud", but these two emotions won't be enough to alone to convince him.
Atletico Madrid are the reigning champions in Spain, but have failed to repeat the remarkable form of last season and now look certain to give up their title to either rivals Real Madrid or Barcelona, with the latter nine points ahead of them at the summit.
One of their key players from that title-winning run is Brazil international Miranda and he has reportedly been ion the radar of Old Trafford and Etihad Stadium scouts for some time, which is something he is taking as a positive.
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The tough centre-back has not been quite as good this season, but he has still shown his importance to the side on a number of occasions. So with their trophy from last term almost certainly being snatched back, the usual business of holding onto their best players continues.
Miranda expressed how pleased he was to have two of the Premier League's biggest clubs supposedly after his signature, but insisted he was ready to stay on at the Vicente Calderon and still had plenty of his contract remaining.
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"Of course this news reaches me, and it makes me happy. It shows I am doing well. It makes me proud, but my intention is to stay at Atletico because I still have a year and a half on my contract," he told Brazilian outlet Estadão.
Both Louis van Gaal and Manuel Pellegrini have struggled to get consistent performances out of their defences this season and both are expected to make additions - though Pellegrini looks unlikely to be around much longer.
A Good Option
Miranda provides the pace and power that would usually have people consider him a good fit for the Premier League, but he is now 30 years old and would not exactly be a long-term option if made by either of the clubs.
As to which club would be a better option for him, Manchester City have Vincent Kompany, Martin Demichelis and Eliaquim Mangala as first options, so Miranda may see himself as able to oust either of the latter two, especially the ageing Argentine.
Meanwhile, Manchester United appear to have a blossoming partnership in the form of Chris Smalling and Phil Jones, while the likes of Johnny Evans and Marcos Rojo also playing a role - Miranda may find himself at a dead end at Old Trafford.