Strategy Stock Rises 3.6% Amid Fresh Treasury Activity and Bitcoin Rally

Strategy Inc., known for its aggressive bitcoin treasury activity, saw its stock rise by 3.6% on October 1, 2026. The company's latest disclosure revealed another bitcoin purchase of $143 million at an average price of $85,681 per coin.

The acquisition brings Strategy's total bitcoin holdings to 847,666 coins. This move is closely tied to the company's performance, as its stock often trades as a leveraged proxy for Bitcoin.

Bitcoin itself traded above $84,000 on October 1 after a recent rally, which likely contributed to the increase in Strategy's stock price. The company's aggressive bitcoin purchases and preferred-share repurchases may have also boosted investor confidence in its capital-management framework.