Strategy (MSTR) stock jumps as bitcoin rebounds; traders track Saylor’s next buy
Strategy Inc shares rose 3.7% by midday Friday as bitcoin rebounded 2.2% to $91,002. Executive chairman Michael Saylor hinted at more bitcoin purchases ahead of a treasury update. Investors watched changes in the company’s preferred equity and convertible debt mix. Insider Wei-Ming Shao filed to sell 2,000 shares on Jan. 22.