According to CoinMeta, the stock price of MSTR has risen due to the company's adjustment of its Bitcoin purchasing strategy. The company confirmed that it will continue to sell Bitcoin when management deems it beneficial to its financial position and stated that future capital raises will no longer be used solely for Bitcoin purchases. Instead, the funds will be allocated between Bitcoin acquisitions and US dollar reserves based on market conditions. Following the announcement, the company has not made any Bitcoin purchases for three consecutive weeks and has also expanded its cash reserves. The latest data shows that the stock price of MSTR approached $98 on July 30, but fell to $95.13 in pre-market trading on July 31, representing a decrease of 2.67%.