MSTR Stock Rises Despite MicroStrategy Ending Bitcoin Buying Streak

Key Insights:

• MSTR stock rebounded on Monday after the company filed a major document.
• MicroStrategy ended its 13-week-long BTC acquisition spree this week.
• Bitcoin price has remained resilient in the meantime.

The MicroStrategy (MSTR) stock opened higher on Monday, bouncing back from last week’s drop. The MSTR stock rebound came despite the company pausing its aggressive Bitcoin buying strategy after more than 13 weeks of purchases.

MSTR Stock Rises Amid Halt in Bitcoin Buying Spree

The MSTR stock rose over 3% at the open, increasing from about $122 at the previous close to around $128. Early highs reached around $130, according to TradingView data. This movement coincided with a slight recovery in Bitcoin, which stayed around the $67,000 to $68,000 range during the session.

A regulatory filing indicated that MicroStrategy did not buy any Bitcoin during the week of March 23 to March 29. This marked the first break in its consistent buying pattern since November 2025. The company also stated that it did not issue shares under its at-the-market (ATM) program during that time.

Despite the pause in buying, MicroStrategy remains among the largest corporate holders of Bitcoin. Currently, they have around 762,099 BTC in total reserves. The average cost per Bitcoin for the firm is around $75,694. It is attributed to their long-term buying plan, which is overseen by the firm’s executive chairman, Michael Saylor.

The halt in buying represents the end of a 13-week run where MicroStrategy bought Bitcoin continuously. It seems that market players have accepted the halt in buying, given that the firm’s stock is on an upward trend. Separately, MicroStrategy announced it has settled a class action lawsuit related to its STRK proposal.

The filing stated that both parties agreed to dismiss the case as irrelevant, with terms requiring the company to seek shareholder approval for the amendment at its upcoming annual meeting. The firm also agreed to pay the legal fees for the plaintiff.

The company’s fundraising approach continues to evolve, with new programs involving preferred securities such as STRK and STRC forming part of its Bitcoin buying strategy. A recent $21 billion ATM facility aims to support future purchases once it is activated.

What’s Happening With Bitcoin Price?

Meanwhile, the Bitcoin price action remains stable, a trend highlighted by crypto analyst Michaël van de Poppe. He pointed out a long period of sideways movement in recent weeks.
Referring to the chart below, Poppe observed that Bitcoin has been trading within a specific range despite a positive monthly performance.

Bitcoin price chart. Source: Michaël van de Poppe | X

The chart shows a sharp correction followed by a consolidation phase, with the price varying between support near the mid-$50,000s and resistance around the low-$70,000s. A moving average line indicates limited directional movement, reinforcing the absence of a clear trend.

“The previous month has been positive, despite current market sentiment and low volatility,” Poppe wrote. He added, “#Bitcoin hasn’t moved at all, but you can clearly see that there’s been a wide range the price has been moving within.”

He further described the current market situation as tough for passive investors. He said, “Now, if you’re simply holding the asset, you’re sidelined, waiting for the next bull market.”

Poppe stressed the need for a more active approach in such conditions. The analyst noted that “it doesn’t matter which market regime you’re in, as there’s always an opportunity to be trading the markets.”

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