NEW YORK, December 28, 2025, 6:54 PM ET — Market closed.
- Strategy ended up 0.1% at $158.81 in the last session on Friday. [1]
- Bitcoin was little changed on Sunday near $87,834, keeping attention on crypto’s Monday read-through.
- Crypto-linked stocks including Coinbase, Marathon and Riot finished lower on Friday.
Strategy Inc (MSTR) shares ended nearly flat on Friday at $158.81, after sliding more than 3% at their session low in thin post-holiday trading. [2]
That matters because Strategy, formerly MicroStrategy, is widely treated by equity investors as a liquid proxy — a stand-in — for bitcoin exposure. Its shares often amplify moves in the cryptocurrency because the company holds a large bitcoin stash on its balance sheet. [3]
With U.S. stock markets closed for the weekend, traders are watching bitcoin’s 24/7 price action for signals into Monday’s open. Bitcoin was little changed on Sunday around $87,834.
On Friday, Strategy swung between an intraday low of $154.12 and a high of $159.91, before ending near unchanged. [4]
Broader U.S. stocks finished slightly lower on Friday in light post-holiday trading, a backdrop that kept risk appetite muted. [5]
Crypto-related equities were mixed to lower in the same session. Coinbase fell 1.2%, while bitcoin miners Marathon Digital and Riot Platforms slid about 3.6% and 3.5%, respectively.
Thin year-end liquidity has kept bitcoin range-bound, according to market participants. “Regulatory clarity and ETF participation support the long-term trend, but short-term movement stays range-bound until capital inflows strengthen,” said Riya Sehgal, a research analyst at Delta Exchange. [6]
Strategy’s balance-sheet exposure remains the central driver. The company says it holds 671,268 bitcoin acquired at an average price of $74,972, with a total acquisition cost of about $50.3 billion. [7]
Investors have also kept an eye on bitcoin ETF flows and derivatives positioning into the final week of the year, as holiday trading can magnify moves when liquidity thins. [8]
Before next session, traders will be tracking U.S. housing data and Federal Reserve signals that can sway risk assets broadly. Investopedia flagged pending home sales on Monday, the Case-Shiller home price index on Tuesday, and Fed minutes due Tuesday, with weekly jobless claims later in the week. [9]
Holiday timing is also in focus. U.S. stock markets are set to be closed on New Year’s Day (Thursday, Jan. 1, 2026), while New Year’s Eve (Wednesday, Dec. 31) is a full trading day for stocks, with bonds closing early at 2 p.m. ET. [10]
For Strategy-specific catalysts, Nasdaq lists the company’s next earnings report as estimated for Feb. 4, 2026, though companies often confirm dates closer to the event. [11]
Technically, Friday’s low near $154 is the first level many traders will cite as short-term support, while the $160 area — around Friday’s highs — stands out as nearby resistance going into Monday. [12]
References
1. finance.yahoo.com, 2. finance.yahoo.com, 3. www.strategy.com, 4. finance.yahoo.com, 5. apnews.com, 6. m.economictimes.com, 7. www.strategy.com, 8. m.economictimes.com, 9. www.investopedia.com, 10. www.investopedia.com, 11. www.nasdaq.com, 12. finance.yahoo.com
