🟢 MSTR is trading 4.3% up today on updated capital plan and Bitcoin strategy shift

MSTR is trading 4.3% up at $105.14 in pre-market following an updated capital plan that allows the company to sell Bitcoin to fund buybacks and dividends.

• The strategy shift is designed to reshape MicroStrategy's large Bitcoin bet and reduce balance-sheet risk.
• The move extends a sharp rebound from late-June lows, bolstered by a modest rise in Bitcoin and positive US equity futures.
• Broader risk-on appetite and crypto-related sentiment are providing additional support for the stock.