MSTR Stock Up Nearly 13% In Monday Pre-Market: What's Going On?

Benzinga
03-03

In the pre-market trading session on Monday, the shares of Strategy Inc. MSTR climbed 12.6% following the surge in Bitcoin BTC/USD. This rally was triggered by President Donald Trump’s announcement of a U.S. strategic cryptocurrency reserve.

What Happened: Strategy Inc., a major corporate Bitcoin holder witnessed an increase in share price after the cryptocurrency rebounded from its dip below $80,000 on Friday, soaring beyond $95,000 on Sunday. Ethereum ETH/USD also witnessed significant gains, rising above $2,500, following a 31% drop in February.

The announcement of a strategic cryptocurrency reserve by Trump, made via his Truth social account, spurred this rally. Initially, the post referenced XRP XRP/USD, Cardano ADA/USD, and Solana SOL/USD, leading to a surge in their prices. Later, Trump declared that Bitcoin and Ethereum would play a key role in the reserve, emphasizing his preference for these two assets.

Additionally, MSTR stock also climbed in today’s pre-market trading as Michael Saylor, co-founder and Executive Chairman of Strategy announced through a post on X that the company's Bitcoin investments yielded profits of $2.6 billion in the first two months of 2025.

SEE ALSO: Mark Cuban Was Asked How He’d Invest $100K — His Answer? Buy Bulk Toothpaste And Soup For The ‘Best Guaranteed Return On Investment’

Why It Matters: For the past few sessions, MSTR had been on a decline following the downturn in Bitcoin prices amid tariff woes. However, the surge in the cryptocurrency underpinned the stock’s growth today.

Chris Kline, COO and Co-Founder of BitcoinIRA, told Benzinga that Trump’s announcement could “fuel cryptocurrency prices overall headed into spring.” He predicted that Bitcoin could soon reach $100,000 again and possibly hit new all-time highs later this month if the positive momentum continues. Additionally, market strategist Tom Lee had expressed optimism about Bitcoin’s long-term prospects. In a RiskReversal Podcast, he stated that he expected the trust around Bitcoin to grow over the next five years.

  • READ MORE: Bitcoin Is Digital Gold But ‘What’s The Rationale For An XRP Reserve’, Asks Peter Schiff: Cardano Founder Charles Hoskinson Says Trump Made The Right Decision

Image via Shutterstock

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

BTCGrayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest
$41.009.83%
Overview
$ADACardano
$1.01-11.2%
$BTCBitcoin
$93076.35-1.27%
$ETHEthereum
$2367.51-5.98%
$SOLSolana
$162.98-8.79%
$XRPRipple
$2.67-9.19%
ETHGrayscale Ethereum Mini Trust (ETH) Common units of fractional undivided beneficial interest
$22.085.54%
MSTRStrategy
$286.8012.3%
SOLEmeren Group Ltd
$1.685.66%
Market News and Data brought to you by Benzinga APIs

© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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