Strategy Inc Stock Skyrockets as Bitcoin Breaks Through $70K
Strategy Inc's stock price surged by over 32% in just three trading days as Bitcoin broke through the $70,000 barrier for the first time since June 2026.
The breakthrough was driven by two key factors: the U.S. Treasury's announcement to expand its bond buyback programs and a White House summit on digital assets featuring President Trump.
As a result of Bitcoin's surge, Strategy Inc's shares climbed more than 10% during pre-market hours, reaching $124.60 from Thursday's closing price of $112.39.
Strategy Inc holds a significant position in Bitcoin, with 840,447 coins purchased at a total cost of $63.36 billion, now valued at around $65.04 billion.