MSTR is trading at $146 (+4.5%) in pre-market after announcing the purchase of 22,337 Bitcoin for $1.57 billion.

  • The acquisition was funded through at-the-market stock sales executed between March 9 and March 15, further increasing the company's crypto holdings.
  • Crypto sentiment remains bullish with BTC up 3.2% and ETH up 8.3% since the last close, supported by significant institutional inflows.
  • Broader market momentum is positive as Nasdaq-100 (NQ) futures trade 1.15% higher.