MSTR stock rose 15% on March 3 on a weekend rally in Bitcoin after former President Donald Trump said the US was working on plans to create a “US Crypto Reserve” featuring assets such as Bitcoin, Ethereum, Solana, XRP, and other coins.
Bitcoin Price Rebounds
Bitcoin’s price jumped from $79,000 to well over $95,000 due to the news from Trump. Trump’s news saw the MSTR stock fall 24% over the past two weeks jump to $295.10, reflecting investors’ optimism.
Trump’s Crypto Reserve Plans
Trump’s March 2 announcement outlined a reserve that would store Bitcoin and other significant cryptocurrencies, positioning Bitcoin at the heart of the US crypto future. The reserve aims to help the crypto sector heal after a decade of regulatory ills under the Biden administration.
White House Crypto Summit
On March 7, Trump’s administration will hold the first-ever White House crypto summit to explore the future role of Bitcoin and other digital assets. The summit could usher much-needed regulatory clarity into the crypto space.
Okay it’s happening! Trump will establish the world’s first government-backed Crypto Reserve with $BTC, $ETH, $SOL, $XRP, and $ADA a historic pivot from Biden-era bullshit to full-throttle innovation.
— Chris Willy (@ChrisWillyStyle) March 3, 2025
This America First strategy launches March 7 at the White House Crypto… pic.twitter.com/T1ozobu2jB
Role of MSTR
Being a large holder of Bitcoin, MSTR is likely to benefit from any rise in the value of Bitcoin. The firm holds more than 120,000 Bitcoin and is among the largest corporate holders. Analysts believe MSTR could see more growth as Bitcoin’s price rises and as government support for cryptocurrencies increases.
Overall, Trump’s crypto reserve plans are powering Bitcoin’s rally and MSTR stock, and there is a possibility of more growth if the reserve plan proceeds.
