On August 19, Strategy rose 5.13% in after-hours trading, trading at $109.59/share, with turnover of $278 million, extending a strong regular-session rally that saw the stock gain over 11%.

The move was driven by the disclosure that 12 of Strategy's top 15 institutional shareholders increased their positions during the second quarter, adding a combined $1.2 billion in holdings based on SEC-mandated 13F filings. This marks one of the largest single-quarter institutional inflows since the company launched its aggressive bitcoin accumulation strategy. Notably, Renaissance Technologies recently raised its stake to 2.55 million shares valued at $242.3 million, a 20% increase.

The institutional endorsement comes amid broader strength in crypto-related equities, with Circle rising over 11%, Coinbase gaining nearly 10%, and Robinhood advancing over 6%. The wave of institutional buying signals continued confidence in Strategy as a bitcoin proxy asset, despite the company reporting a Q2 net loss of $8.22 billion — primarily driven by $8.32 billion in bitcoin fair-value markdowns — and its recent sales of approximately 6,948 BTC at a realized loss of $93.12 million since late June.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)