Strategy (MSTR) is trading at $166.20, up 3.24%, following Bitcoin's modest gains and continued investor confidence in the company's capital structure shift.
- Bitcoin rose 0.60% since yesterday's close to $89,981.78, providing support for crypto-linked equities.
- The stock's upward momentum reflects broader market optimism around Strategy's transition from convertible debt to preferred equity financing.
- Analysts view this capital structure change as an $8.36 billion milestone, significantly reducing bankruptcy risk and enabling larger Bitcoin accumulation.