{"id":53019,"date":"2026-06-29T15:03:01","date_gmt":"2026-06-29T20:03:01","guid":{"rendered":"https:\/\/bitcoinmagazine.com\/?p=53019"},"modified":"2026-06-29T15:06:45","modified_gmt":"2026-06-29T20:06:45","slug":"strategy-mstr-surges-12-bitcoin-stocks","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/markets\/strategy-mstr-surges-12-bitcoin-stocks","title":{"rendered":"Strategy (MSTR) Surges Over 12% As Bitcoin-Linked Stocks Have Green Day"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<p class=\"wp-block-paragraph\">Shares of Strategy Inc. climbed 14% at times on Monday to roughly $94, their best single-day gain in weeks, after the bitcoin treasury company <a href=\"https:\/\/bitcoinmagazine.com\/news\/strategy-mstr-strc-dividend-authorizes-2b\">unveiled<\/a> a sweeping capital overhaul.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The move marks a significant shift for the company once synonymous with an unrelenting bitcoin accumulation strategy. Strategy&#8217;s board approved a new Digital Credit Capital Framework that authorizes up to $1.25 billion in bitcoin sales to fund a newly created U.S. dollar reserve, cover preferred dividend obligations, and service debt.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company also authorized $1 billion in common stock buybacks and $1 billion in repurchases of its preferred securities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company raised the dividend rate on its Variable Rate Series A Perpetual Stretch Preferred Stock, known as <a href=\"https:\/\/bitcoinmagazine.com\/news\/strategy-strc-1-billion-volume-day\">STRC<\/a>, to 12% annually \u2014 a 50 basis point increase effective July 1.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Strategy <a href=\"https:\/\/www.strategy.com\/purchases\" target=\"_blank\" rel=\"noopener\">held<\/a> 847,363 BTC as of June 28, purchased for an aggregate $64.10 billion at an average price of $75,651 per coin. With bitcoin trading near $60,000 Monday afternoon, the company sits on an unrealized loss on its entire stack \u2014 context that makes the new monetization framework more than just financial engineering.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company said it has approximately $2.55 billion in U.S. dollar reserves, covering roughly 17 months of annual preferred dividend and interest obligations of about $1.76 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The stock had been grinding lower since hitting a high near $200 earlier this year in May, pulled down by bitcoin weakness and broader risk-off pressure. Monday&#8217;s bounce, driven largely by the capital plan announcement, brought shares back above $92 intraday, with a session peak near $94.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Other crypto and bitcoin-linked stocks also started the week out strong.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nakamoto (NAKA) shares surged more than 10% at points during Monday&#8217;s session, among the day&#8217;s strongest movers in the crypto equity space. Strive (ASST) climbed over 3.5% at its intraday peak. Coinbase (COIN), by contrast, saw a more muted session \u2014 shares up around 2% at their high.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Strategy and bitcoin price action<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin price <a href=\"https:\/\/bitcoinmagazine.com\/bitcoin-price\">shed<\/a> roughly 6% over the past week, pulling back from a high near $64,400 earlier in the period to trade around lows of $58,800 today \u2014 a grind lower that has tracked weakness across broader risk assets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin price <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-collapses-to-59000\">has now dropped<\/a> more than 18% on the month, with the June candle opening near $76,690 and finding no sustained bid on the way down.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Six straight weeks of ETF outflows, totaling tens of millions in institutional selling, have weighed on the price throughout the stretch. Bitcoin remains below its key 50-month exponential moving average near $65,600, a level that technicians watch as a line between short-term recovery and deeper correction territory.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Bitcoin Magazine is published by BTC Inc, a subsidiary of Nakamoto Inc. (NASDAQ: NAKA)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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.<\/p>\n","protected":false},"author":3817,"featured_media":49272,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[636,4284,5440],"class_list":["post-53019","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-bitcoin-treasuries","tag-mstr","tag-strategy"],"author_data":{"id":3817,"name":"Micah Zimmerman","nicename":"micahzimmerman","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/11\/Micah_Zimmerman_Author_Image.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/12\/Strategy-MSTR-Buys-Nearly-1-Billion-Worth-of-Bitcoin.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/53019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/3817"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=53019"}],"version-history":[{"count":3,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/53019\/revisions"}],"predecessor-version":[{"id":53022,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/53019\/revisions\/53022"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/49272"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=53019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=53019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=53019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}