Strategy (MSTR) stock jumps as bitcoin nears $97,000 and a director buys the dip
Strategy Inc shares rose 6.5% to $184.30 by 10:27 a.m. EST after the company disclosed buying 13,627 bitcoin last week for $1.25 billion, funded by stock sales. Director Carl Rickertsen bought 5,000 shares at an average $155.88, according to an SEC filing. Bitcoin traded near $97,000, up 4.9%.