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MSTR stock pops 15% following Bitcoin weekend rally

cryptoweekly by cryptoweekly
March 3, 2025
in bitcoin, News
0

Bitcoin’s rally was triggered by President Donald Trump’s plan for a “US Crypto Reserve,” which would include BTC, ETH, SOL, XRP and other assets.

Shares of Strategy (MSTR), formerly MicroStrategy, opened sharply higher on March 3 as investors reacted to a weekend Bitcoin rally that was fueled by US President Donald Trump’s crypto reserve plans. 

MSTR rose by as much as 15% to trade at $295.10, according to Yahoo Finance data. Before March 3, MSTR stock was mired in a two-week downtrend that saw it lose more than 24%. 

Despite the rally, MSTR stock is still down 51% from its 2024 peak. Source: Yahoo Finance

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  • Bitcoin must upgrade or fall victim to quantum computing in 5 years
  • Crypto isn’t ‘run from garages’ anymore: MEXC’s Tracy Jin on IPO boom
  • This UAE investment app combines crypto, stocks and commodities: Is it the future of finance?
  • 30 Bitcoin price top indicators hint at $230K bull market peak
  • Trump’s SEC scraps Gensler-era crypto regulation by enforcement proposals
  • Russian authorities bust truck-based crypto mine draining village power
  • CBDT probes crypto tax evasion in India

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