MSTR Surges 6.87% on AI Partnership, Bitcoin Rebound

MicroStrategy's stock rallied by 6.87% following its major AI partnership expected to drive long-term growth.

The company reported a massive GAAP net loss driven by $8.3B of unrealized bitcoin fair-value losses, while scaling its bitcoin stack toward 846,000 BTC and raising over $4.2B in equity capital.

MicroStrategy grew its USD reserve to roughly $3.75B and repurchased STRC Series A preferred shares below par, signaling confidence in its capital structure and ongoing support for that security.