Strategy sits on $1.4 billion profit on bitcoin holdings as price surges
Strategy’s common stock rose 10% in Friday pre-market trading to $120, the highest level in two months.
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Strategy’s common stock rose 10% in Friday pre-market trading to $120, the highest level in two months.
The rally in hard assets isn’t necessarily about what the Treasury is doing, but what its move signals to the market.
BTC has gained 24% since Monday and reached the level implied by its inverse head-and-shoulders break, with shorts still taking a contrarian position.
Your day-ahead look for Aug. 21, 2026
Market watchers say sudden sharp price spikes and forced short liquidations are the classic signs of a bottom, though macro risks still remain.
Three weeks of review turned up problems unrelated to the flaw that cost users $114 million, but updating still does not make a compromised wallet safe.

Nine public miners generated $341 million from AI and HPC operations in the first half of 2026 after spending more than $5 billion on capital assets.

Analysts say the $40 trillion debt milestone could bolster Bitcoin’s long-term case, even as Treasury yields, dollar strength and liquidity remain key near-term

The BTC price reclaimed its 200-day moving average for the first time in nine months as its rally gained momentum after the US Treasury expanded its bond buybac

Bitcoin ETF inflows pushed August’s total to a 2026 high of $2.07 billion as Bitcoin traded above $75,000 and Ether climbed to $2,357.

Bitcoin gains 20% in two days as Strategy sees its BTC treasury climb out of the red.

Standard Chartered’s Geoff Kendrick said Bitcoin could move toward its $126,000 all-time high after Oct. 6 as spot Bitcoin ETF inflows recover.
World’s biggest cryptocurrency on track for best week in more than three years
The flagship digital currency has enjoyed a strong week boosted by several contributing factors.
Futures rose after the Nasdaq closed below its Aug. 4 low, a bearish market signal. Bitcoin momentum continues.
Shares of the Bitcoin investor have soared this week, putting them on course for their best three-day stretch since November 2024.
Stock Market Today: The Dow Jones index rebounds from Thursday's market sell-off. The price of bitcoin surges near $77,000.

The cross-chain protocol said an attacker exploited six software flaws to drain Bitcoin and other assets, sending its CACAO token plunging.

Strategy, Coinbase, Circle, and BitMine are riding Bitcoin's short squeeze toward $70K—and two of them may be squeezing equity bears of their own.

Bitcoin's steepest daily gain since March caught traders off guard, and Myriad's pump-or-dump market swung from 70-30 odds to nearly even in a single day.