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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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  • XRP price predictions above $3 in 2025 have one major flaw
  • Pakistan will deploy Bitcoin reserve in DeFi for yield, says Bilal Bin Saqib
  • FATF’s crypto checklist hints at the next regulatory crackdown
  • Moody’s brings credit ratings onchain via Solana, explained
  • Kraken, Robinhood-backed MiCA-compliant Global Dollar stablecoin lands in EU
  • Competition heats up as crypto exchanges vie for European market
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