Strategy (MSTR) stock jumps as bitcoin nears $97,000 and a director buys the dip

Shares of Strategy Inc rose Wednesday, buoyed by bitcoin's surge near $97,000 and an unusual insider purchase paired with the company’s fresh crypto buys funded by debt and equity. Formerly MicroStrategy, the stock climbed roughly 6.5% to $184.30 by 10:27 a.m. EST. Bitcoin jumped about 4.9% to $96,858, while Coinbase, a key crypto player, added close to 2%.

Bitcoin price jumps above $94,000 after U.S. inflation data; Coinbase, Strategy stocks climb late

Bitcoin price jumps above $94,000 after U.S. inflation data; Coinbase, Strategy stocks climb late

Bitcoin jumped over 3% on Tuesday, with bitcoin-related stocks also moving higher after hours. The gains came as investors reacted to new U.S. inflation figures and renewed momentum in Washington toward crypto market regulation. Bitcoin last traded up 3.2% at $94,074. Coinbase Global shares rose 4%, while Strategy climbed 6.7% in late trading.
Bitcoin price today nears $93,500 as Senate crypto bill lifts Coinbase, Strategy stock

Bitcoin price today nears $93,500 as Senate crypto bill lifts Coinbase, Strategy stock

Bitcoin climbed 2.2% Tuesday to $93,478 during U.S. afternoon trading, bouncing between $90,878 and $93,745 earlier. Coinbase shares jumped 3%, and bitcoin holder Strategy rose 4.2%. The iShares Bitcoin Trust ETF alongside Grayscale Bitcoin Trust each gained roughly 2.3%. Miners showed mixed moves: Marathon Digital edged up 0.9%, while Riot Platforms dipped 1%.
Strategy (MSTR) stock jumps as $1.25 billion Bitcoin buy and insider purchase hit the tape

Strategy (MSTR) stock jumps as $1.25 billion Bitcoin buy and insider purchase hit the tape

Shares of Strategy Inc climbed roughly 3.6% to $168.01 Tuesday morning, buoyed by a 1.6% rise in bitcoin following the company's announcement of a $1.25 billion crypto purchase. The firm sold about 6.83 million shares and 1.19 million preferred STRC shares, netting approximately $1.25 billion. It deployed those funds to acquire 13,627 bitcoin, paying an average of $91,519 per coin, boosting its total holdings to 687,410.
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