  We study the effect of uniaxial pressure on the magnetic hysteresis loops of
the single-molecule magnet Mn_{12}-Ac. We find that the application of pressure
along the easy axis increases the fields at which quantum tunneling of
magnetization occurs. The observations are attributed to an increase in the
molecule's magnetic anisotropy constant D of 0.142(1)%/kbar. The increase in D
produces a small, but measurable increase in the effective energy barrier for
magnetization reversal. Density-functional theory calculations also predict an
increase in the barrier with applied pressure.
