Crypto

Bitcoin Surges Above $68,000, Boosts Strategy (MSTR) Shares

Guavy AI Editorial Team Published August 19, 2026

Instruments

BTC

Shares of Strategy (MSTR) soared 12.8% in afternoon trading after Bitcoin's price jumped above $68,000 for the first time in months.

The rally was fueled by a surge in crypto-linked stocks and growing optimism around U.S. cryptocurrency regulation.

Investor confidence was boosted by signs of regulatory progress, including a meeting between President Trump and crypto executives and renewed optimism for the CLARITY Act.

MicroStrategy's CEO Phong Le indicated the company expects to resume Bitcoin accumulation after a seven-week pause.

The Wire

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