MSTR

The late disclosure of FBI Director Kash Patel's six-figure investment in Strategy has reignited some scrutiny over ethics compliance.

Strategy (MSTR) shares surged 14% at times on Monday after the company unveiled a sweeping capital overhaul, leading a broad rally in bitcoin-linked stocks despite Bitcoin remaining under pressure near $60,000.

Strategy (MSTR) unveiled a new capital management framework that raises STRC's dividend to 12%, authorizes $2 billion in share buybacks, and permits limited bitcoin sales to fund reserves, dividends, debt obligations, and stock repurchases.

Michael Saylor took to X to defend Strategy's long-term Bitcoin-focused strategy after MSTR and its preferred shares hit new lows.

Strategy shares plunged some more today as Bitcoin fell to $59,000.

Strategy (MSTR) plunged more than 10% to a two-year low near $92 as Bitcoin crashed below $60,000, wiping out billions in unrealized gains.

Strategy (MSTR) shares fell below $100 for the first time since March 2024 as Bitcoin's drop to around $61,000 left the company sitting on more than $11 billion in unrealized losses.

Bitcoin price has fallen to around $61,500—down more than 50% from its October 2025 peak—dragging crypto-related stocks even lower in the broader market sell-off.

Strategy purchased 520 bitcoin for $35 million last week, increasing its holdings to 847,363 BTC while raising its USD Reserve by $335 million to $1.4 billion.

Strategy added 1,587 BTC for $100 million last week, lifting its holdings to 846,842 BTC while rebuilding its cash reserve to $1.1 billion.