Bitcoin Fueled Surge Pushes Strategy Stock Above $115

Strategy's stock surged by 10.4% in pre-open trading today, reaching $115.04, driven by a powerful rally that was primarily fueled by Bitcoin's sharp increase of approximately 8% to near $70,000, a nearly two-month high.

This climb triggered a cascade of $1.44 billion in forced short liquidations, which accelerated the upside momentum across crypto-linked equities.

The rally drew additional fuel from two converging catalysts: the U.S. Treasury's announcement that it would at least double its long-term bond buyback operations to a minimum of $4 billion per operation covering 10-30 year bonds, and a meeting between President Trump and cryptocurrency executives that stoked optimism around the CLARITY Act and a more constructive regulatory framework for digital assets.

Strategy CEO Phong Le signaled that the firm expects to resume Bitcoin accumulation after a roughly seven-week pause, reinforcing confidence in the company's core treasury strategy and its long-term Bitcoin conviction.