Strategy Stock (MSTR) Surges on Bitcoin Boom and Dividend Buzz!

Strategy (MSTR) +2.23% ▲ continues its winning streak as Bitcoin’s price rallies and the company announces a quarterly dividend.

On Tuesday, March 4, MSTR stock soared 9.66%, riding Bitcoin’s momentum. However, pre-market trading today showed a dip as Bitcoin tested its key $90,000 support level.

Tariff Talks Spark Optimism

Investor sentiment got a boost after hints from the U.S. government suggested a possible softening of trade tariffs on Canada and Mexico—if deals can be struck. That’s a bullish sign for Bitcoin, even though it remains below its all-time high of $109,000, hit during President Trump’s inauguration.

For Strategy, formerly known as MicroStrategy, this is huge. As the largest corporate holder of Bitcoin, its stock moves in tandem with the crypto giant. That volatility has weighed on MSTR, with shares down 28.79% over the past three months.

Strategy Stays Steady—Dividend Declared!

MSTR just announced a quarterly cash dividend of $1.24 per share, payable on March 31, 2025—a move that’s likely to boost investor confidence. Meanwhile, Trump’s talk of a crypto reserve added further fuel to the market, though tariff concerns tempered the excitement.

Interestingly, Strategy also revealed it neither bought nor sold Bitcoin between Feb. 24 and March 2, holding steady at 499,096 BTC, acquired for approximately $33.1 billion.

Is MSTR a Strong Buy?

According to TipRanks, MSTR holds a Strong Buy consensus from 11 analysts, with a highest price target of $650. The average target of $548.91 suggests a potential upside of 95.65%.

Could MSTR be your next big win? Investors are watching closely!