Strategy Stock Soars. Its Bitcoin Bet is a Winner Again.

Dow Jones
08/21

Strategy was soaring again thanks to the ongoing surge in cryptocurrency prices, which has given the Bitcoin investor's stock a much-needed boost in recent days.

Shares jumped 9.1% to $122.64 ahead of Friday's opening bell. Futures tracking the S&P 500 were 0.4% higher as investors got over the worst of their worries about a recent rally in bond yields.

Strategy has finally shown some signs of life this week, clawing back some of its losses from a dismal first half of 2026. Friday's gains put it on track for a 32% gain since Tuesday's close, which would be good enough for its best three-day stretch since November 2024.

Bitcoin's best week in more than two years has boosted shares. The token rallied after President Donald Trump held a White House meeting of crypto executives and called for Congress to pass the Clarity Act.

Strategy is best known for its massive stockpile of the crypto-as of Sunday, it owned 840,447 Bitcoin. It has paid $63.36 billion to acquire the holding, which was valued at $65.04 billion as of Friday, with Bitcoin trading at $77,391.

That means Strategy's big crypto bet is finally back in the green.

 

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