NEW YORK, Feb 22, 2026, 13:12 ET — Market closed.
- Strategy (MSTR) ended Friday at $131.05, notching a gain of roughly 1.2%.
- A former officer has filed notice to potentially sell as many as 12,500 shares under SEC Rule 144.
- Bitcoin slipped roughly 1.5% Sunday. Traders now eye Monday’s open, along with Nvidia’s earnings set for midweek.
A former Strategy Inc executive intends to sell as many as 12,500 shares, according to a Form 144 filed Friday. The filing pegs the potential sale at roughly $1.68 million, with Fidelity Brokerage Services named as broker. (SEC)
Strategy shares closed out Friday at $131.05, gaining roughly 1.15% for the day. They changed hands between $127.68 and $135.93, with volume landing around 17.6 million shares. Bitcoin, which never stops trading, slipped about 1.5% on Sunday, hovering near $67,373.
Strategy has become a go-to stand-in for bitcoin exposure among U.S. stocks, so swings in crypto over the weekend often spill into Monday trading. “It’s kind of a perplexing market,” said Marta Norton, chief investment strategist at Empower. She flagged the uneven setup as investors look ahead to a loaded week—Nvidia is reporting, and President Donald Trump’s State of the Union is on deck. (Reuters)
Form 144 serves as a notice under SEC Rule 144, which covers restricted stock resales and affiliate sales. The filing itself isn’t a promise that a transaction will take place—plans can lapse or get revised.
According to the Friday notice, a former officer is the seller. The shares up for sale were picked up via a 2021-granted option and bought with cash. The notice also laid out a rundown of previous transactions from the last three months.
Strategy reports a stash of 717,131 bitcoin, locked in at an average $76,027 each, tallying up to roughly $54.5 billion spent. (Strategy)
MicroStrategy, long recognized in filings and market circles by that name, calls itself a bitcoin treasury and business intelligence company. (Reuters)
Shares of crypto-related firms—including exchanges and bitcoin miners—usually track the token’s moves. But for Strategy, its balance sheet exposure can crank up those swings. When bitcoin’s pace picks up, the effect on Strategy goes both directions.
Here’s the catch for traders relying heavily on insider filings: proposed sales are often just routine moves. Bitcoin and broader risk sentiment still drive the stock’s daily swings far more than a handful of insider shares hitting the market.
U.S. markets take a break on Sunday, so traders are watching bitcoin as it trades into early Monday, Feb. 23, for the first signals on Strategy’s open. Then, eyes turn to Wednesday, Feb. 25, when Nvidia delivers its earnings—a report traders flag as the next big test for risk appetite across the board.
