MicroStrategy's stock (MSTR) rose over 3% on Monday, opening at around $128, despite the company pausing its 13-week Bitcoin buying spree. The stock's rebound follows a regulatory filing indicating no Bitcoin purchases were made between March 23 and March 29, marking the first break in its acquisition pattern since November 2025. MicroStrategy remains a major Bitcoin holder with 762,099 BTC, acquired at an average cost of $75,694 per Bitcoin.
In addition to the halt in Bitcoin purchases, MicroStrategy settled a class action lawsuit related to its STRK proposal, agreeing to seek shareholder approval for an amendment at its annual meeting and covering the plaintiff's legal fees. Meanwhile, Bitcoin's price remains stable, trading between the mid-$50,000s and low-$70,000s, as noted by analyst Michaël van de Poppe, who highlighted the current market's low volatility and sideways movement.
MicroStrategy Stock Climbs Despite Halting Bitcoin Purchases
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