Strategy Shares Surge Amid Bitcoin Price Recovery

ARLINGTON, Va. — Strategy shares saw a notable increase on Tuesday, March 4, primarily driven by a recovery in Bitcoin prices and the announcement of a dividend. MicroStrategy‘s stock (MSTR) climbed 9.66% at the market’s close but experienced a drop in pre-market trading as Bitcoin approached its critical support level of $90,000.

The uplift in Bitcoin prices was reportedly influenced by indications from the U.S. government that it might relax tariffs on Canada and Mexico, depending on negotiations. This potential easing is seen as a positive for Bitcoin, which was priced at just over $109,000 at President Donald Trump’s inauguration.

As the largest corporate holder of Bitcoin globally, MicroStrategy’s stock has closely mirrored the cryptocurrency’s volatility in recent months. However, the stock has suffered, recording a decline of 28.79% over the last three months.

MicroStrategy’s recent decision to distribute a quarterly cash dividend of $1.24 per share, payable on March 31, 2025, may improve investor sentiment. “We continue to believe in the long-term potential of Bitcoin, which is why we are committed to our investment strategy,” a company spokesperson stated.

Adding to market optimism, Trump indicated plans for a Bitcoin reserve, although the introduction of tariffs brought some uncertainty back into the atmosphere. MicroStrategy also reported that it did not sell shares or purchase Bitcoin between February 24 and March 2, maintaining its holdings at approximately 499,096 bitcoins, acquired at a total cost of about $33.1 billion.

On TipRanks, MSTR currently has a Strong Buy consensus based on 11 Buy ratings, with a highest price target set at $650. Analysts are closely monitoring Bitcoin’s fluctuations and their effects on MicroStrategy and the broader market.