New York, January 25, 2026, 05:12 (EST) — Market closed
- Strategy closed Friday on a strong note, though crypto dipped as the weekend approached
- Traders are focused on the Fed’s midweek rate decision alongside a packed earnings calendar
- The strategy’s bitcoin-buying playbook and its funding plan continue to be the main drivers
Strategy Inc shares ended Friday 1.3% higher, closing at $163.11. The stock fluctuated between $158.77 and $168.93, with roughly 14.9 million shares traded. Meanwhile, Bitcoin slipped about 1.3%, last seen at $88,342.
U.S. markets will be closed Sunday, leaving a straightforward setup for Monday: MSTR remains the go-to proxy for bitcoin in the stock market, offering traders a liquid way to gain exposure without holding the actual token.
In a filing dated Jan. 20, the Nasdaq-listed company revealed it purchased 22,305 bitcoin between Jan. 12 and Jan. 19, shelling out $2.13 billion and pushing its total holdings to 709,715. The buys were funded via an at-the-market (ATM) program, where it sold shares into the open market — including roughly 10.4 million common shares, generating net proceeds of $1.83 billion. The company also noted it still has billions available for sale across its common and preferred stock. (SEC)
Friday’s close saw mixed moves among crypto-related stocks: Coinbase dropped 2.8%, while bitcoin miners Marathon Digital and Riot Platforms gained roughly 2% and 1%, respectively.
The next big macro event comes midweek with the Federal Reserve’s policy decision set for Wednesday, Jan. 28, following its two-day meeting. Investors are balancing a busy earnings slate alongside ongoing geopolitical tensions. “It’s been a little bit of a short but steep roller-coaster ride over the past several days,” remarked Yung-Yu Ma, chief investment strategist at PNC Financial Services Group. (Reuters)
For Strategy holders, the key issue remains whether bitcoin can stabilize ahead of the Fed’s decision. Crypto prices have been volatile alongside shifts in risk appetite, and MSTR often magnifies these swings due to its heavily concentrated treasury.
But the trade isn’t one-sided. Should bitcoin slide further, or if shifts in rate expectations tighten financial conditions, Strategy could quickly erase its gains — and selling more equity to buy bitcoin might pile on extra pressure for holders.
The next key event is set for Feb. 5, when Strategy will release its fourth-quarter results after U.S. markets close and hold a live video webinar at 5 p.m. Eastern. Before that, all eyes are on Monday’s reopening, with bitcoin movements taking the lead and the Fed’s Jan. 28 decision not far behind. (Strategy)
