diff --git a/tsc/internal/transformers/estransforms/classfields.go b/tsc/internal/transformers/estransforms/classfields.go
index bf1b79fc3225f..6b3b5aa4482d2 100644
--- a/tsc/internal/transformers/estransforms/classfields.go
+++ b/tsc/internal/transformers/estransforms/classfields.go
@@ -267,7 +267,7 @@ func (tx *classFieldsTransformer) visitForSubstitution(node *ast.Node) *ast.Node
 		return tx.visitIdentifier(node.AsIdentifier())
 	}
 	if node.Kind == ast.KindPropertyAccessExpression && ast.IsIdentifier(node.AsPropertyAccessExpression().Name()) {
-		return tx.visitPropertyAccessExpressionForSubstitution(node.AsPropertyAccessExpression())
+		return tx.visitPropertyAccessExpressionForSubstitution(node.AsPropertyAccessExpression(), tx.substitutionVisitor)
 	}
 	return tx.substitutionVisitor.VisitEachChild(node)
 }
@@ -1097,7 +1097,7 @@ func (tx *classFieldsTransformer) visitPropertyAccessExpression(node *ast.Proper
 	// Private identifier names are still visited through VisitEachChild so they can be
 	// transformed by visitPrivateIdentifier.
 	if ast.IsIdentifier(node.Name()) {
-		return tx.visitPropertyAccessExpressionForSubstitution(node)
+		return tx.visitPropertyAccessExpressionForSubstitution(node, tx.Visitor())
 	}
 	return tx.Visitor().VisitEachChild(node.AsNode())
 }
@@ -1105,8 +1105,8 @@ func (tx *classFieldsTransformer) visitPropertyAccessExpression(node *ast.Proper
 // visitPropertyAccessExpressionForSubstitution visits only the expression of a PropertyAccessExpression,
 // leaving the name unchanged. This prevents the name from being treated as a standalone identifier
 // reference and incorrectly substituted with a class alias.
-func (tx *classFieldsTransformer) visitPropertyAccessExpressionForSubstitution(node *ast.PropertyAccessExpression) *ast.Node {
-	expression := tx.Visitor().VisitNode(node.Expression)
+func (tx *classFieldsTransformer) visitPropertyAccessExpressionForSubstitution(node *ast.PropertyAccessExpression, visitor *ast.NodeVisitor) *ast.Node {
+	expression := visitor.VisitNode(node.Expression)
 	if expression != node.Expression {
 		return tx.Factory().UpdatePropertyAccessExpression(node, expression, node.QuestionDotToken, node.Name(), node.Flags)
 	}
diff --git a/tsc/testdata/baselines/reference/conformance/classStaticBlock29(target=es2021).js b/tsc/testdata/baselines/reference/conformance/classStaticBlock29(target=es2021).js
new file mode 100644
index 0000000000000..cde7164e2b360
--- /dev/null
+++ b/tsc/testdata/baselines/reference/conformance/classStaticBlock29(target=es2021).js
@@ -0,0 +1,65 @@
+//// [tests/cases/conformance/classes/classStaticBlock/classStaticBlock29.ts] ////
+
+//// [classStaticBlock29.ts]
+// https://github.com/microsoft/TypeScript/issues/64733
+
+// Inside a downleveled `static {}` block, `this` refers to the class and is rewritten
+// to the class alias, but `this` inside a regular function nested in the block refers
+// to the function's own receiver and must be kept.
+class Foo {
+    declare static count: number;
+    declare toObject: () => number;
+    declare getBar: () => () => number;
+    declare getIndexed: () => number;
+
+    bar() {
+        return 1;
+    }
+
+    static {
+        // Referencing the class by name makes the downleveled block use a class alias.
+        Foo.count = 0;
+        this.count++;
+        Foo.prototype.toObject = function (this: Foo) {
+            return this.bar();
+        };
+        Foo.prototype.getBar = function (this: Foo) {
+            return () => this.bar();
+        };
+        this.prototype.getIndexed = function (this: Foo) {
+            return this["bar"]();
+        };
+    }
+}
+
+new Foo().toObject();
+
+
+//// [classStaticBlock29.js]
+"use strict";
+// https://github.com/microsoft/TypeScript/issues/64733
+var _a;
+// Inside a downleveled `static {}` block, `this` refers to the class and is rewritten
+// to the class alias, but `this` inside a regular function nested in the block refers
+// to the function's own receiver and must be kept.
+class Foo {
+    bar() {
+        return 1;
+    }
+}
+_a = Foo;
+(() => {
+    // Referencing the class by name makes the downleveled block use a class alias.
+    _a.count = 0;
+    _a.count++;
+    _a.prototype.toObject = function () {
+        return this.bar();
+    };
+    _a.prototype.getBar = function () {
+        return () => this.bar();
+    };
+    _a.prototype.getIndexed = function () {
+        return this["bar"]();
+    };
+})();
+new Foo().toObject();
diff --git a/tsc/testdata/baselines/reference/conformance/classStaticBlock29(target=es2021).symbols b/tsc/testdata/baselines/reference/conformance/classStaticBlock29(target=es2021).symbols
new file mode 100644
index 0000000000000..f5bbf7452fef5
--- /dev/null
+++ b/tsc/testdata/baselines/reference/conformance/classStaticBlock29(target=es2021).symbols
@@ -0,0 +1,93 @@
+//// [tests/cases/conformance/classes/classStaticBlock/classStaticBlock29.ts] ////
+
+=== classStaticBlock29.ts ===
+// https://github.com/microsoft/TypeScript/issues/64733
+
+// Inside a downleveled `static {}` block, `this` refers to the class and is rewritten
+// to the class alias, but `this` inside a regular function nested in the block refers
+// to the function's own receiver and must be kept.
+class Foo {
+>Foo : Symbol(Foo, Decl(classStaticBlock29.ts, 0, 0))
+
+    declare static count: number;
+>count : Symbol(Foo.count, Decl(classStaticBlock29.ts, 5, 11))
+
+    declare toObject: () => number;
+>toObject : Symbol(Foo.toObject, Decl(classStaticBlock29.ts, 6, 33))
+
+    declare getBar: () => () => number;
+>getBar : Symbol(Foo.getBar, Decl(classStaticBlock29.ts, 7, 35))
+
+    declare getIndexed: () => number;
+>getIndexed : Symbol(Foo.getIndexed, Decl(classStaticBlock29.ts, 8, 39))
+
+    bar() {
+>bar : Symbol(Foo.bar, Decl(classStaticBlock29.ts, 9, 37))
+
+        return 1;
+    }
+
+    static {
+        // Referencing the class by name makes the downleveled block use a class alias.
+        Foo.count = 0;
+>Foo.count : Symbol(Foo.count, Decl(classStaticBlock29.ts, 5, 11))
+>Foo : Symbol(Foo, Decl(classStaticBlock29.ts, 0, 0))
+>count : Symbol(Foo.count, Decl(classStaticBlock29.ts, 5, 11))
+
+        this.count++;
+>this.count : Symbol(Foo.count, Decl(classStaticBlock29.ts, 5, 11))
+>this : Symbol(Foo, Decl(classStaticBlock29.ts, 0, 0))
+>count : Symbol(Foo.count, Decl(classStaticBlock29.ts, 5, 11))
+
+        Foo.prototype.toObject = function (this: Foo) {
+>Foo.prototype.toObject : Symbol(Foo.toObject, Decl(classStaticBlock29.ts, 6, 33))
+>Foo.prototype : Symbol(Foo.prototype)
+>Foo : Symbol(Foo, Decl(classStaticBlock29.ts, 0, 0))
+>prototype : Symbol(Foo.prototype)
+>toObject : Symbol(Foo.toObject, Decl(classStaticBlock29.ts, 6, 33))
+>this : Symbol(this, Decl(classStaticBlock29.ts, 19, 43))
+>Foo : Symbol(Foo, Decl(classStaticBlock29.ts, 0, 0))
+
+            return this.bar();
+>this.bar : Symbol(Foo.bar, Decl(classStaticBlock29.ts, 9, 37))
+>this : Symbol(this, Decl(classStaticBlock29.ts, 19, 43))
+>bar : Symbol(Foo.bar, Decl(classStaticBlock29.ts, 9, 37))
+
+        };
+        Foo.prototype.getBar = function (this: Foo) {
+>Foo.prototype.getBar : Symbol(Foo.getBar, Decl(classStaticBlock29.ts, 7, 35))
+>Foo.prototype : Symbol(Foo.prototype)
+>Foo : Symbol(Foo, Decl(classStaticBlock29.ts, 0, 0))
+>prototype : Symbol(Foo.prototype)
+>getBar : Symbol(Foo.getBar, Decl(classStaticBlock29.ts, 7, 35))
+>this : Symbol(this, Decl(classStaticBlock29.ts, 22, 41))
+>Foo : Symbol(Foo, Decl(classStaticBlock29.ts, 0, 0))
+
+            return () => this.bar();
+>this.bar : Symbol(Foo.bar, Decl(classStaticBlock29.ts, 9, 37))
+>this : Symbol(this, Decl(classStaticBlock29.ts, 22, 41))
+>bar : Symbol(Foo.bar, Decl(classStaticBlock29.ts, 9, 37))
+
+        };
+        this.prototype.getIndexed = function (this: Foo) {
+>this.prototype.getIndexed : Symbol(Foo.getIndexed, Decl(classStaticBlock29.ts, 8, 39))
+>this.prototype : Symbol(Foo.prototype)
+>this : Symbol(Foo, Decl(classStaticBlock29.ts, 0, 0))
+>prototype : Symbol(Foo.prototype)
+>getIndexed : Symbol(Foo.getIndexed, Decl(classStaticBlock29.ts, 8, 39))
+>this : Symbol(this, Decl(classStaticBlock29.ts, 25, 46))
+>Foo : Symbol(Foo, Decl(classStaticBlock29.ts, 0, 0))
+
+            return this["bar"]();
+>this : Symbol(this, Decl(classStaticBlock29.ts, 25, 46))
+>"bar" : Symbol(Foo.bar, Decl(classStaticBlock29.ts, 9, 37))
+
+        };
+    }
+}
+
+new Foo().toObject();
+>new Foo().toObject : Symbol(Foo.toObject, Decl(classStaticBlock29.ts, 6, 33))
+>Foo : Symbol(Foo, Decl(classStaticBlock29.ts, 0, 0))
+>toObject : Symbol(Foo.toObject, Decl(classStaticBlock29.ts, 6, 33))
+
diff --git a/tsc/testdata/baselines/reference/conformance/classStaticBlock29(target=es2021).types b/tsc/testdata/baselines/reference/conformance/classStaticBlock29(target=es2021).types
new file mode 100644
index 0000000000000..7261cbe60051f
--- /dev/null
+++ b/tsc/testdata/baselines/reference/conformance/classStaticBlock29(target=es2021).types
@@ -0,0 +1,107 @@
+//// [tests/cases/conformance/classes/classStaticBlock/classStaticBlock29.ts] ////
+
+=== classStaticBlock29.ts ===
+// https://github.com/microsoft/TypeScript/issues/64733
+
+// Inside a downleveled `static {}` block, `this` refers to the class and is rewritten
+// to the class alias, but `this` inside a regular function nested in the block refers
+// to the function's own receiver and must be kept.
+class Foo {
+>Foo : Foo
+
+    declare static count: number;
+>count : number
+
+    declare toObject: () => number;
+>toObject : () => number
+
+    declare getBar: () => () => number;
+>getBar : () => () => number
+
+    declare getIndexed: () => number;
+>getIndexed : () => number
+
+    bar() {
+>bar : () => number
+
+        return 1;
+>1 : 1
+    }
+
+    static {
+        // Referencing the class by name makes the downleveled block use a class alias.
+        Foo.count = 0;
+>Foo.count = 0 : 0
+>Foo.count : number
+>Foo : typeof Foo
+>count : number
+>0 : 0
+
+        this.count++;
+>this.count++ : number
+>this.count : number
+>this : typeof Foo
+>count : number
+
+        Foo.prototype.toObject = function (this: Foo) {
+>Foo.prototype.toObject = function (this: Foo) {            return this.bar();        } : (this: Foo) => number
+>Foo.prototype.toObject : () => number
+>Foo.prototype : Foo
+>Foo : typeof Foo
+>prototype : Foo
+>toObject : () => number
+>function (this: Foo) {            return this.bar();        } : (this: Foo) => number
+>this : Foo
+
+            return this.bar();
+>this.bar() : number
+>this.bar : () => number
+>this : Foo
+>bar : () => number
+
+        };
+        Foo.prototype.getBar = function (this: Foo) {
+>Foo.prototype.getBar = function (this: Foo) {            return () => this.bar();        } : (this: Foo) => () => number
+>Foo.prototype.getBar : () => () => number
+>Foo.prototype : Foo
+>Foo : typeof Foo
+>prototype : Foo
+>getBar : () => () => number
+>function (this: Foo) {            return () => this.bar();        } : (this: Foo) => () => number
+>this : Foo
+
+            return () => this.bar();
+>() => this.bar() : () => number
+>this.bar() : number
+>this.bar : () => number
+>this : Foo
+>bar : () => number
+
+        };
+        this.prototype.getIndexed = function (this: Foo) {
+>this.prototype.getIndexed = function (this: Foo) {            return this["bar"]();        } : (this: Foo) => number
+>this.prototype.getIndexed : () => number
+>this.prototype : Foo
+>this : typeof Foo
+>prototype : Foo
+>getIndexed : () => number
+>function (this: Foo) {            return this["bar"]();        } : (this: Foo) => number
+>this : Foo
+
+            return this["bar"]();
+>this["bar"]() : number
+>this["bar"] : () => number
+>this : Foo
+>"bar" : "bar"
+
+        };
+    }
+}
+
+new Foo().toObject();
+>new Foo().toObject() : number
+>new Foo().toObject : () => number
+>new Foo() : Foo
+>Foo : typeof Foo
+>toObject : () => number
+
diff --git a/tsc/testdata/baselines/reference/conformance/classStaticBlock29(target=es2022).js b/tsc/testdata/baselines/reference/conformance/classStaticBlock29(target=es2022).js
new file mode 100644
index 0000000000000..717d25cf01f88
--- /dev/null
+++ b/tsc/testdata/baselines/reference/conformance/classStaticBlock29(target=es2022).js
@@ -0,0 +1,63 @@
+//// [tests/cases/conformance/classes/classStaticBlock/classStaticBlock29.ts] ////
+
+//// [classStaticBlock29.ts]
+// https://github.com/microsoft/TypeScript/issues/64733
+
+// Inside a downleveled `static {}` block, `this` refers to the class and is rewritten
+// to the class alias, but `this` inside a regular function nested in the block refers
+// to the function's own receiver and must be kept.
+class Foo {
+    declare static count: number;
+    declare toObject: () => number;
+    declare getBar: () => () => number;
+    declare getIndexed: () => number;
+
+    bar() {
+        return 1;
+    }
+
+    static {
+        // Referencing the class by name makes the downleveled block use a class alias.
+        Foo.count = 0;
+        this.count++;
+        Foo.prototype.toObject = function (this: Foo) {
+            return this.bar();
+        };
+        Foo.prototype.getBar = function (this: Foo) {
+            return () => this.bar();
+        };
+        this.prototype.getIndexed = function (this: Foo) {
+            return this["bar"]();
+        };
+    }
+}
+
+new Foo().toObject();
+
+
+//// [classStaticBlock29.js]
+"use strict";
+// https://github.com/microsoft/TypeScript/issues/64733
+// Inside a downleveled `static {}` block, `this` refers to the class and is rewritten
+// to the class alias, but `this` inside a regular function nested in the block refers
+// to the function's own receiver and must be kept.
+class Foo {
+    bar() {
+        return 1;
+    }
+    static {
+        // Referencing the class by name makes the downleveled block use a class alias.
+        Foo.count = 0;
+        this.count++;
+        Foo.prototype.toObject = function () {
+            return this.bar();
+        };
+        Foo.prototype.getBar = function () {
+            return () => this.bar();
+        };
+        this.prototype.getIndexed = function () {
+            return this["bar"]();
+        };
+    }
+}
+new Foo().toObject();
diff --git a/tsc/testdata/baselines/reference/conformance/classStaticBlock29(target=es2022).symbols b/tsc/testdata/baselines/reference/conformance/classStaticBlock29(target=es2022).symbols
new file mode 100644
index 0000000000000..f5bbf7452fef5
--- /dev/null
+++ b/tsc/testdata/baselines/reference/conformance/classStaticBlock29(target=es2022).symbols
@@ -0,0 +1,93 @@
+//// [tests/cases/conformance/classes/classStaticBlock/classStaticBlock29.ts] ////
+
+=== classStaticBlock29.ts ===
+// https://github.com/microsoft/TypeScript/issues/64733
+
+// Inside a downleveled `static {}` block, `this` refers to the class and is rewritten
+// to the class alias, but `this` inside a regular function nested in the block refers
+// to the function's own receiver and must be kept.
+class Foo {
+>Foo : Symbol(Foo, Decl(classStaticBlock29.ts, 0, 0))
+
+    declare static count: number;
+>count : Symbol(Foo.count, Decl(classStaticBlock29.ts, 5, 11))
+
+    declare toObject: () => number;
+>toObject : Symbol(Foo.toObject, Decl(classStaticBlock29.ts, 6, 33))
+
+    declare getBar: () => () => number;
+>getBar : Symbol(Foo.getBar, Decl(classStaticBlock29.ts, 7, 35))
+
+    declare getIndexed: () => number;
+>getIndexed : Symbol(Foo.getIndexed, Decl(classStaticBlock29.ts, 8, 39))
+
+    bar() {
+>bar : Symbol(Foo.bar, Decl(classStaticBlock29.ts, 9, 37))
+
+        return 1;
+    }
+
+    static {
+        // Referencing the class by name makes the downleveled block use a class alias.
+        Foo.count = 0;
+>Foo.count : Symbol(Foo.count, Decl(classStaticBlock29.ts, 5, 11))
+>Foo : Symbol(Foo, Decl(classStaticBlock29.ts, 0, 0))
+>count : Symbol(Foo.count, Decl(classStaticBlock29.ts, 5, 11))
+
+        this.count++;
+>this.count : Symbol(Foo.count, Decl(classStaticBlock29.ts, 5, 11))
+>this : Symbol(Foo, Decl(classStaticBlock29.ts, 0, 0))
+>count : Symbol(Foo.count, Decl(classStaticBlock29.ts, 5, 11))
+
+        Foo.prototype.toObject = function (this: Foo) {
+>Foo.prototype.toObject : Symbol(Foo.toObject, Decl(classStaticBlock29.ts, 6, 33))
+>Foo.prototype : Symbol(Foo.prototype)
+>Foo : Symbol(Foo, Decl(classStaticBlock29.ts, 0, 0))
+>prototype : Symbol(Foo.prototype)
+>toObject : Symbol(Foo.toObject, Decl(classStaticBlock29.ts, 6, 33))
+>this : Symbol(this, Decl(classStaticBlock29.ts, 19, 43))
+>Foo : Symbol(Foo, Decl(classStaticBlock29.ts, 0, 0))
+
+            return this.bar();
+>this.bar : Symbol(Foo.bar, Decl(classStaticBlock29.ts, 9, 37))
+>this : Symbol(this, Decl(classStaticBlock29.ts, 19, 43))
+>bar : Symbol(Foo.bar, Decl(classStaticBlock29.ts, 9, 37))
+
+        };
+        Foo.prototype.getBar = function (this: Foo) {
+>Foo.prototype.getBar : Symbol(Foo.getBar, Decl(classStaticBlock29.ts, 7, 35))
+>Foo.prototype : Symbol(Foo.prototype)
+>Foo : Symbol(Foo, Decl(classStaticBlock29.ts, 0, 0))
+>prototype : Symbol(Foo.prototype)
+>getBar : Symbol(Foo.getBar, Decl(classStaticBlock29.ts, 7, 35))
+>this : Symbol(this, Decl(classStaticBlock29.ts, 22, 41))
+>Foo : Symbol(Foo, Decl(classStaticBlock29.ts, 0, 0))
+
+            return () => this.bar();
+>this.bar : Symbol(Foo.bar, Decl(classStaticBlock29.ts, 9, 37))
+>this : Symbol(this, Decl(classStaticBlock29.ts, 22, 41))
+>bar : Symbol(Foo.bar, Decl(classStaticBlock29.ts, 9, 37))
+
+        };
+        this.prototype.getIndexed = function (this: Foo) {
+>this.prototype.getIndexed : Symbol(Foo.getIndexed, Decl(classStaticBlock29.ts, 8, 39))
+>this.prototype : Symbol(Foo.prototype)
+>this : Symbol(Foo, Decl(classStaticBlock29.ts, 0, 0))
+>prototype : Symbol(Foo.prototype)
+>getIndexed : Symbol(Foo.getIndexed, Decl(classStaticBlock29.ts, 8, 39))
+>this : Symbol(this, Decl(classStaticBlock29.ts, 25, 46))
+>Foo : Symbol(Foo, Decl(classStaticBlock29.ts, 0, 0))
+
+            return this["bar"]();
+>this : Symbol(this, Decl(classStaticBlock29.ts, 25, 46))
+>"bar" : Symbol(Foo.bar, Decl(classStaticBlock29.ts, 9, 37))
+
+        };
+    }
+}
+
+new Foo().toObject();
+>new Foo().toObject : Symbol(Foo.toObject, Decl(classStaticBlock29.ts, 6, 33))
+>Foo : Symbol(Foo, Decl(classStaticBlock29.ts, 0, 0))
+>toObject : Symbol(Foo.toObject, Decl(classStaticBlock29.ts, 6, 33))
+
diff --git a/tsc/testdata/baselines/reference/conformance/classStaticBlock29(target=es2022).types b/tsc/testdata/baselines/reference/conformance/classStaticBlock29(target=es2022).types
new file mode 100644
index 0000000000000..7261cbe60051f
--- /dev/null
+++ b/tsc/testdata/baselines/reference/conformance/classStaticBlock29(target=es2022).types
@@ -0,0 +1,107 @@
+//// [tests/cases/conformance/classes/classStaticBlock/classStaticBlock29.ts] ////
+
+=== classStaticBlock29.ts ===
+// https://github.com/microsoft/TypeScript/issues/64733
+
+// Inside a downleveled `static {}` block, `this` refers to the class and is rewritten
+// to the class alias, but `this` inside a regular function nested in the block refers
+// to the function's own receiver and must be kept.
+class Foo {
+>Foo : Foo
+
+    declare static count: number;
+>count : number
+
+    declare toObject: () => number;
+>toObject : () => number
+
+    declare getBar: () => () => number;
+>getBar : () => () => number
+
+    declare getIndexed: () => number;
+>getIndexed : () => number
+
+    bar() {
+>bar : () => number
+
+        return 1;
+>1 : 1
+    }
+
+    static {
+        // Referencing the class by name makes the downleveled block use a class alias.
+        Foo.count = 0;
+>Foo.count = 0 : 0
+>Foo.count : number
+>Foo : typeof Foo
+>count : number
+>0 : 0
+
+        this.count++;
+>this.count++ : number
+>this.count : number
+>this : typeof Foo
+>count : number
+
+        Foo.prototype.toObject = function (this: Foo) {
+>Foo.prototype.toObject = function (this: Foo) {            return this.bar();        } : (this: Foo) => number
+>Foo.prototype.toObject : () => number
+>Foo.prototype : Foo
+>Foo : typeof Foo
+>prototype : Foo
+>toObject : () => number
+>function (this: Foo) {            return this.bar();        } : (this: Foo) => number
+>this : Foo
+
+            return this.bar();
+>this.bar() : number
+>this.bar : () => number
+>this : Foo
+>bar : () => number
+
+        };
+        Foo.prototype.getBar = function (this: Foo) {
+>Foo.prototype.getBar = function (this: Foo) {            return () => this.bar();        } : (this: Foo) => () => number
+>Foo.prototype.getBar : () => () => number
+>Foo.prototype : Foo
+>Foo : typeof Foo
+>prototype : Foo
+>getBar : () => () => number
+>function (this: Foo) {            return () => this.bar();        } : (this: Foo) => () => number
+>this : Foo
+
+            return () => this.bar();
+>() => this.bar() : () => number
+>this.bar() : number
+>this.bar : () => number
+>this : Foo
+>bar : () => number
+
+        };
+        this.prototype.getIndexed = function (this: Foo) {
+>this.prototype.getIndexed = function (this: Foo) {            return this["bar"]();        } : (this: Foo) => number
+>this.prototype.getIndexed : () => number
+>this.prototype : Foo
+>this : typeof Foo
+>prototype : Foo
+>getIndexed : () => number
+>function (this: Foo) {            return this["bar"]();        } : (this: Foo) => number
+>this : Foo
+
+            return this["bar"]();
+>this["bar"]() : number
+>this["bar"] : () => number
+>this : Foo
+>"bar" : "bar"
+
+        };
+    }
+}
+
+new Foo().toObject();
+>new Foo().toObject() : number
+>new Foo().toObject : () => number
+>new Foo() : Foo
+>Foo : typeof Foo
+>toObject : () => number
+
diff --git a/tsc/testdata/tests/cases/conformance/classes/classStaticBlock/classStaticBlock29.ts b/tsc/testdata/tests/cases/conformance/classes/classStaticBlock/classStaticBlock29.ts
new file mode 100644
index 0000000000000..3a6e9f2dbea8b
--- /dev/null
+++ b/tsc/testdata/tests/cases/conformance/classes/classStaticBlock/classStaticBlock29.ts
@@ -0,0 +1,33 @@
+// @target: es2022, es2021
+// https://github.com/microsoft/TypeScript/issues/64733
+
+// Inside a downleveled `static {}` block, `this` refers to the class and is rewritten
+// to the class alias, but `this` inside a regular function nested in the block refers
+// to the function's own receiver and must be kept.
+class Foo {
+    declare static count: number;
+    declare toObject: () => number;
+    declare getBar: () => () => number;
+    declare getIndexed: () => number;
+
+    bar() {
+        return 1;
+    }
+
+    static {
+        // Referencing the class by name makes the downleveled block use a class alias.
+        Foo.count = 0;
+        this.count++;
+        Foo.prototype.toObject = function (this: Foo) {
+            return this.bar();
+        };
+        Foo.prototype.getBar = function (this: Foo) {
+            return () => this.bar();
+        };
+        this.prototype.getIndexed = function (this: Foo) {
+            return this["bar"]();
+        };
+    }
+}
+
+new Foo().toObject();