Strategy Digital Shares Rally 10% After Bitcoin Tops $78,000
Bitcoin surged past $78,000 after Iran confirmed the Strait of Hormuz would remain open, sending oil prices lower and boosting risk assets. Strategy Digital’s stock rallied over 10% intraday as the bitcoin breakout pushed its treasury holdings back into positive territory.
1. Geopolitical Catalyst Spurs Bitcoin Rally
Iran confirmed the Strait of Hormuz would remain open during the ceasefire, triggering a sell-off in oil and a surge in risk assets that drove Bitcoin above $78,000 intraday.
2. Strategy Digital's Stock Jumps Over 10%
Strategy Digital shares climbed over 10% as Bitcoin’s breakout lifted the value of its treasury holdings back into profit, marking its first positive portfolio valuation since late 2025.
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