MicroStrategy Shares Surge in Trading Activity Amid Dollar Reserves and Profit Adjustments

On Monday, trading volume for MicroStrategy (MSTR) experienced a significant increase while the stock price dropped by 3.25% to $171.42. The company, known for holding 650,000 bitcoin, disclosed a fresh $1.44 billion reserve aimed at supporting dividend payments and managing debt interest. Additionally, it revised its annual profit forecast to a projected range from a net loss of $5.5 billion to a net income of $6.3 billion, in response to bitcoin's recent 30% decline from its peak in October.