Strategy (MSTR) Stock & Other Crypto-Focused Companies Surge Amid Bitcoin Rally
TLDR
- Strategy (formerly MicroStrategy) announced surpassing 500,000 Bitcoin in holdings after its latest purchase
- Crypto stocks including Coinbase, MARA Holdings, Riot Platforms, and CleanSpark all saw significant price jumps
- Markets reacted positively to signs that the Trump administration may soften its stance on tariffs
- Bitcoin traded around $87,350, up 2.2% over 24 hours
- Tech stocks also rallied with the Nasdaq jumping 2.2% on Monday
Crypto-focused stocks saw substantial gains on Monday as Bitcoin and other digital assets rallied amid broader market optimism. The upswing came as investors responded to signals that the Trump administration might ease its approach to tariffs.
Strategy, formerly known as…