New York, Jan 30, 2026, 10:59 (EST) — Regular session
- Strategy Inc shares held steady following a steep decline in the previous session.
- Bitcoin dipped to roughly $82,800 amid growing speculation around Fed leadership, putting pressure on risk assets.
- Traders are focused on crypto prices and Strategy’s earnings report due Feb. 5.
Strategy Inc shares dipped roughly 0.2% to $142.91 Friday morning, fluctuating between $137.57 and $143.39 earlier in the session. Bitcoin’s continued slide rattled crypto-linked stocks.
This shift is significant since Strategy’s stock serves as a liquid stand-in for bitcoin—and it tends to magnify the cryptocurrency’s volatility. When bitcoin drops, traders typically cut Strategy’s price early and sort things out afterward.
Strategy holds 712,647 bitcoin, per the company’s disclosures, making its equity highly sensitive to crypto-market swings and sentiment. (Strategy)
Bitcoin dropped to a two-month low on Friday as uncertainty mounted over the frontrunner to lead the U.S. Federal Reserve, a discussion unsettling risk assets from tech stocks to cryptocurrencies. Damien Boey, portfolio strategist at Wilson Asset Management, noted, “As you start to talk about pulling the rug out from underneath that,” liquidity-sensitive trades can take a hit. (Reuters)
Shares of other U.S.-listed crypto leaders slipped too. Coinbase dipped around 0.5%, while bitcoin miners including Riot Platforms and Marathon Digital fell roughly 1% to 5% in early trading.
Strategy’s shares took a hit in the last session, ending Thursday at $141.00 after starting around $155.95 and dipping to $139.95 at the low. This highlights the stock’s volatility when bitcoin shifts. (Yahoo Finance)
Longer-term holders are keeping an eye on how Strategy funds its bitcoin buys. Over time, the company has tapped both equity and debt. At-the-market offerings let it offload shares bit by bit on the open market, instead of dumping a large block all at once.
But there’s a catch. If bitcoin keeps falling, Strategy’s heavy exposure could worsen paper losses and weigh even more on the stock. Plus, any new capital raises might stir up dilution worries just as sentiment hangs by a thread.
Investors should brace for a quick fundamental update: Strategy plans to release its fourth-quarter 2025 earnings after U.S. markets close on Thursday, Feb. 5. A live video webinar will follow at 5:00 p.m. Eastern. (Strategy)
Looking ahead to next week, traders seem set to focus Strategy on two main factors: bitcoin’s price action and fresh updates on the Fed leadership rumors shaking up crypto and other speculative bets. (Reuters)
