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MicroStrategy Stock Soars with Bitcoin Price Hike

Guavy AI Editorial Team Published August 20, 2026

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BTC

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

The rally was fueled by growing optimism around U.S. cryptocurrency regulation and a meeting between President Trump and crypto executives.

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

The shares closed at $104.12, up 12.4% from the previous close.

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