Strategy Shares Surge 12% as Bitcoin Reclaims $80,000

Michael Saylor

Key Takeaways

• Strategy shares jumped nearly 12%, closing Thursday at $137.40.
• Bitcoin climbed back above $80,000, fueling gains across cryptocurrency-related stocks.
• Trading activity in Strategy was unusually heavy, with about 43.6 million shares changing hands.
• Volume was more than twice the stock’s one-month daily average.
• Strategy remains the world’s largest corporate Bitcoin treasury company, making its shares particularly sensitive to swings in the cryptocurrency.

Shares of Strategy Inc. (NASDAQ: MSTR) surged nearly 12% Thursday as a broad cryptocurrency rally pushed Bitcoin back above the $80,000 level.

Strategy closed at $137.40, extending a strong stretch for the stock as Bitcoin continues to recover from its recent lows.

Trading activity accelerated alongside the rally. Approximately 43.6 million Strategy shares changed hands during the session, more than double the stock’s average daily volume over the previous month.

The move came as investors returned to cryptocurrency-related stocks amid renewed strength across digital assets.

Strategy Remains a Leveraged Bitcoin Play

Formerly known as MicroStrategy, Strategy has transformed itself from an enterprise software company into the world’s largest corporate holder of Bitcoin.