Crypto
MSTR Soars 7.52% as MicroStrategy Boosts Bitcoin Holdings
MicroStrategy's stock price surged by 7.52% on August 21, 2026, following upbeat earnings and strong forward guidance from Strategy Inc.
The company reported a massive GAAP net loss of $8.3B due to unrealized Bitcoin losses, but this was offset by its decision to boost BTC holdings to roughly 846,000 BTC and raise over $4.2B in fresh equity capital.
Management is reshaping the balance sheet, cutting convertible debt by 18%, lifting USD reserves to $3.75B, and buying preferred shares below par while signaling support around a $99, $100 trading range.