Strategy (MSTR) is back in the spotlight as Bitcoin (BTCUSD) prices rebound sharply, giving investors another reason to watch the company’s highly leveraged crypto strategy.
Bitcoin climbed above $80,000 on Sept. 18 and continued its advance into the following session, surging more than 6% on Monday, Sept. 21, climbing above $86,000 and reaching its highest level since January, while Strategy shares jumped over 16% on Friday, Sept. 18 and about 9.5% in the last session, underscoring the stock’s sensitivity to moves in the cryptocurrency.