MSTR is trading at $113.43 (+6.02%) in pre-market as the stock stages a technical bounce following Bitcoin's recovery from 15-month lows.
- The rebound follows a 17% plunge on February 5, triggered by a broader crypto market crash driven by forced deleveraging and institutional selling.
- Bitcoin has stabilized at $64,931.76 (+2.58%), though MSTR's massive treasury of 713,502 BTC remains underwater relative to its $76,052 average acquisition cost.
- The stock is seeing a relief rally alongside the broader crypto sector after stablecoin liquidity concerns and liquidations pushed Bitcoin to 15-month lows.