MSTR Surges on US Bill Approval: $153.92 Gain
Strategy stock MSTR experienced a significant surge on September 18, 2026, with its price increasing by 16.39% to close at $153.92.
This rally came after the US House Financial Services Committee approved bill H.R. 8957, which directs the US Department of the Treasury to establish a Strategic Bitcoin Reserve, with funds held under federal custody for at least 20 years.
Strategy's CEO, Phong Le, confirmed that the company holds 840,050 BTC in its reserve and considers it a long-term accumulator, but may sell small amounts if market conditions or integration with traditional finance warrant it.
The technical analysis suggests that MSTR broke above its descending trendline and is trading above its 20-week exponential moving average, indicating potential for further consolidation.