"Bitcoin-linked stocks surged on Tuesday as the broader crypto market staged a sharp recovery and Bitcoin reclaimed the $91,000 level. Strategy was the standout mover, rising faster than both Bitcoin itself and most major tech names at times. MSTR shares climbed 8.66% at times to $186.26, lifted by heavy trading volume that exceeded 4.4 million shares. MSTR is currently trading at $182.74. The move slightly outpaced Bitcoin's rebound to $91,000 and signaled renewed appetite for high-beta exposure to the digital asset through equities."
"Strategy's rally also followed new comments from CEO Phong Le, who spoke with Bloomberg about the company's balance sheet strategy and long-term commitment to Bitcoin. Le reiterated that Strategy has no plans to sell Bitcoin except as a last resort and said the company remains firmly committed to paying dividends on its preferred shares. He argued that maintaining the dividend helps prevent uncertainty from spreading through the company's capital structure,"
Bitcoin-linked equities rallied as the crypto market recovered and Bitcoin rose back to about $91,000. Strategy (MSTR) led gains, with shares intraday rising over 8% on heavy volume and trading near $183. Other crypto-adjacent names and the iShares Bitcoin Trust ETF also posted solid gains, while Capital B saw the largest percentage move. Institutional demand and strong flows into Bitcoin ETFs supported the rally. CEO Phong Le affirmed no plans to sell Bitcoin except as a last resort, reiterated a commitment to preferred dividends, and described the company’s leverage as modest relative to typical U.S. corporations.
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