The MSTR stock price has rebounded at the start of today’s trading session, having closed in the red yesterday. This comes amid Strategy’s announcement of a proposed $2.1 billion capital raise for more Bitcoin acquisitions. Meanwhile, the BTC price rally to new all-time highs (ATHs) is also bullish for the stock’s price, given the strong positive correlation between both assets.
MSTR Stock Price Jumps Over 2%
TradingView data shows that the MSTR stock price is up over 3%, trading above $410, having closed the previous day at around $402. The Strategy stock is already up over 40% year-to-date (YTD), ranking as one of the best-performing assets in 2025, even above Bitcoin.
Meanwhile, the stock is up 170% in the last year, mainly thanks to its Bitcoin Strategy. The company, previously known as MicroStrategy, continues to accumulate more BTC for its Bitcoin Treasury.
The latest purchase came last week as Michael Saylor’s company acquired 7,390 BTC for $764.9 million at an average price of $103,498 per Bitcoin. The company now holds 576,230 BTC, which it acquired for $40.18 billion at an average price of $69,726 per BTC. The MSTR stock rallied back above $400 following that purchase.
Plans To Acquire More Bitcoin
The latest Strategy (MSTR) stock price rally comes following the company’s announcement of another capital raise to buy more BTC. In a press release, the company announced that it has entered into a sales agreement under which it may issue and sell shares of its 10.00% Series A Perpetual Strife Preferred Stock at $0.0001 par value per share.
This amounts to an aggregate offering price of up to $2.1 billion. Strategy stated that it will make these stock sales in a disciplined manner over an extended period, taking into account the stock’s trading price and trading volumes at the time of sale.
The company then revealed that it intends to use the net proceeds from the At-The-Market (ATM) program for “general corporate purposes, including the acquisition of bitcoin, and for working capital.”
The BTC Effect On The Stock’s Price
The MSTR stock and the Bitcoin price share a strong positive correlation, which could have contributed to the recent surge. As CoinGape reported, the Bitcoin price just reached a new all-time high (ATH) of $111,800.
Given the company’s exposure to the flagship crypto, MSTR is also expected to rally. However, crypto analyst Ali Martinez has warned that the stock’s price could correct before any sustained rally to the upside.
In an X post, he stated that the TD Sequential flashed a sell signal on MSTR’s weekly chart. Based on this, he remarked that he is anticipating a price correction.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
