New York, January 14, 2026, 16:15 (ET) — After-hours
- Strategy shares rose while bitcoin hovered around $97,000, lifting crypto-linked stocks along with it.
- The company revealed a new purchase of 13,627 bitcoins, financed through selling shares.
- Thursday’s Senate Banking Committee session on the CLARITY Act is drawing close scrutiny from traders.
Strategy Inc shares climbed Wednesday, buoyed by a surge in bitcoin and a broader rally in crypto-related stocks. The stock last traded up 3.7% at $179.33. Bitcoin jumped 3.3% to $97,490, while Coinbase rose 1.3%. Miners Marathon Digital and Riot Platforms also saw modest gains.
This shift is significant because Strategy remains a volatile stand-in for bitcoin. When appetite for crypto risk shifts, Strategy’s price swings tend to be sharper—up or down—since investors pay less attention to its software operations and more to the scale and funding of its bitcoin exposure.
On Monday, the company revealed it acquired 13,627 bitcoin from Jan. 5 to Jan. 11, spending roughly $1.247 billion at an average rate of $91,519 per coin. This raises its total bitcoin stash to 687,410 coins. The purchase was financed through an at-the-market (ATM) program, which involves gradually selling shares, including both common stock and a preferred issue. (SEC)
Macro factors played a role as well. The U.S. consumer price index increased by 0.3% in December, remaining steady at 2.7% year-on-year. The Labor Department reported Tuesday that the “core” CPI, which excludes food and energy, rose 0.2% for the month and 2.6% over the past year. (Bureau of Labor Statistics)
Crypto policy is back in focus. U.S. senators introduced draft legislation this week aimed at clarifying rules for crypto markets, with the Senate Banking Committee scheduled to review the bill Thursday. Summer Mersinger, CEO of the Blockchain Association, said banks are mounting a “relentless pressure campaign” against the proposal. On the other side, Digital Chamber CEO Cody Carbone called the progress “encouraging.” (Reuters)
Investors took note of an insider purchase. Director Carl J. Rickertsen picked up 5,000 shares on Jan. 12, paying roughly $155.88 each on average, according to a Form 4 filing. (SEC)
But the setup works both ways. The strategy’s bitcoin exposure can magnify swings, while its funding approach risks diluting shareholders whenever it sells stock to fund buys. If bitcoin tanks or policy support wanes, the stock could lose gains just as fast.
Traders are set to focus on the Senate Banking Committee’s executive session Thursday, Jan. 15, at 10:00 a.m. ET, where they’ll review the Digital Asset Market Clarity Act of 2025. (Senate)
