Strategy Shares Climb 3% as Bitcoin Tops $80,000; Pauses Purchase
Strategy shares climbed about 3% after Bitcoin surged past $80,000 for the first time in over three months. The company, which holds roughly $65 billion in Bitcoin, skipped its customary Monday purchase ahead of its quarterly earnings report due Thursday.
1. Shares Rise On Bitcoin Surge
Strategy’s stock jumped approximately 3% on Monday following Bitcoin’s move above $80,000, its highest level since late January. Broader market enthusiasm around U.S. stablecoin legislation and inflows into crypto ETFs supported gains across other digital-asset–linked equities.
2. Weekly Bitcoin Purchase Paused Pre-Earnings
Holding about $65 billion in Bitcoin, Strategy temporarily halted its routine weekly accumulation this week—consistent with its practice of skipping purchases ahead of quarterly earnings. Executive Chairman Michael Saylor confirmed the suspension, with the report scheduled for release this Thursday.