{"id":159522,"date":"2026-05-01T18:52:09","date_gmt":"2026-05-01T18:52:09","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=159522"},"modified":"2026-05-01T18:52:09","modified_gmt":"2026-05-01T18:52:09","slug":"strategy-mstr-stock-pops-9-as-bitcoin-price-pumps-back-to-78000","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=159522","title":{"rendered":"Strategy (MSTR) Stock Pops 9% As Bitcoin Price Pumps Back to $78,000"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Strategy (MSTR) Stock Pops 9% As Bitcoin Price Pumps Back to $78,000<\/a><\/p>\n

<\/div>\n

Shares of Strategy<\/a> (NASDAQ: MSTR) surged roughly 9% on Friday as Bitcoin clawed back to the $78,000 level.<\/p>\n

This movement comes just days after Executive Chairman Michael Saylor<\/a> delivered a headline-grabbing keynote at the Bitcoin 2026 conference in Las Vegas.<\/p>\n

MSTR climbed above $180 per share during Friday\u2019s session, building on a prior close near $165. The move tracked Bitcoin\u2019s intraday advance, which pushed BTC to $78,961 as of Friday afternoon, according to Bitcoin Magazine Pro<\/em> data. <\/p>\n

The rally is building up a welcome reprieve for MSTR investors who have endured a brutal stretch \u2014 the stock remains down more than 70% from its November 2024 all-time high above $457.<\/p>\n

The price action<\/a> comes amid a broader recovery in Bitcoin that has been grinding higher since a sharp pullback to the mid-$60,000s earlier this year. Bitcoin surged past the $78,000 mark last week as well, propelled by short liquidations and improving macro sentiment following reports of progress in U.S.-Iran diplomatic negotiations.\u00a0<\/p>\n

Polymarket contracts on May 1 BTC pricing showed 100% confidence the asset would finish in the $78,000\u2013$80,000 range.<\/p>\n

As a leveraged proxy for Bitcoin, MSTR tends to amplify BTC\u2019s moves in both directions. Strategy currently holds approximately 818,334 Bitcoin on its balance sheet \u2014 roughly 3.9% of all Bitcoin that will ever exist \u2014 acquired at an average cost of around $66,385 per coin.<\/p>\n

Saylor: Strategy\u2019s STRC is booming<\/h2>\n

The stock pop also comes on the heels of fresh enthusiasm generated by Saylor\u2019s keynote at the Bitcoin 2026 conference in Las Vegas last week. <\/p>\n

Rather than focusing on Bitcoin price targets or more Bitcoin purchases, Saylor\u2019s pitch centered on STRC<\/a> \u2014 Strategy\u2019s Bitcoin-backed preferred stock \u2014 and a sweeping thesis that digital credit is poised to cannibalize trillions of dollars in the legacy credit market.<\/p>\n

\u201cThe world\u2019s $300 trillion credit market is a much bigger opportunity than the world\u2019s roughly $2 trillion Bitcoin market, and Strategy has built the first product to bridge the two,\u201d Saylor argued during the keynote.<\/p>\n

STRC, which pays<\/a> an 11.5% monthly variable dividend and trades on Nasdaq, has grown to approximately $8.5 billion in notional value in under nine months \u2014 larger, Saylor claimed, than the entire existing universe of monthly-paying preferred securities combined.\u00a0<\/p>\n

\u201cThis is going viral,\u201d he told the audience.<\/p>\n

BlackRock\u2019s iShares Preferred & Income Securities ETF has already taken a roughly $210 million position in STRC.<\/p>\n

Saylor said STRC<\/a> has financed the acquisition of approximately 77,000 BTC year-to-date in 2026, roughly ten times the net inflow of all U.S. spot Bitcoin ETFs combined over the same period.\u00a0<\/p>\n

This post Strategy (MSTR) Stock Pops 9% As Bitcoin Price Pumps Back to $78,000<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Strategy (MSTR) Stock Pops 9% As Bitcoin Price Pumps Back to $78,000 Shares of Strategy (NASDAQ: MSTR) surged roughly 9% on Friday as Bitcoin clawed back to the $78,000 level. This movement comes just days after Executive Chairman Michael Saylor delivered a headline-grabbing keynote at the Bitcoin 2026 conference in Las Vegas. MSTR […]<\/p>\n","protected":false},"author":0,"featured_media":159523,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-159522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/159522"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=159522"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/159522\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/159523"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=159522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=159522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=159522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}