MSTR Stock Extends Run As Bitcoin Treasury Bet Accelerates

Strategy Inc stocks have been trading up by 2.87 percent after announcing a transformative strategic partnership and expansion plan.

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Key Takeaways Traders Need To Know

• MicroStrategy disclosed the purchase of 950 additional bitcoin for $75.7M, lifting its holdings to 846,000 bitcoin acquired for about $63.8B.
• The company then added another 1,665 bitcoin for $142.7M, taking total holdings to 847,666 bitcoin bought for roughly $63.95B.
• Management reported a roughly $5.0B USD Reserve and about $1.0B in USD cash as of late 2026/09, even after heavy capital deployment.
• MSTR spent $174M to repurchase Series A preferred shares and $48.1M on common stock buybacks in recent weeks.
• B. Riley raised its MSTR price target to $195 and kept a Buy rating, while FactSet shows a higher mean target near $234.11 and an overall Buy stance.

Live Update At 07:47:46 EDT: On Friday, October 02, 2026 Strategy Inc stock [NASDAQ: MSTR] is trending up by 2.87%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

Quick Financial Overview

MicroStrategy, trading under ticker MSTR, has turned itself into one of the purest listed bitcoin leverage plays on the market. The financial statements show why traders treat it more like a crypto vehicle than a traditional software name.