Strategy stock rose by 8% due to Bitcoin's value increase, making it a positive news for the stock.

From Nasdaq
July 02, 2025 6:14:00 pm:

Strategy (NASDAQ: MSTR) saw an almost 8% increase in share price on Wednesday, largely due to the rising value of Bitcoin. The S&P 500 only rose 0.5% in comparison.

As a self-proclaimed “Bitcoin treasury company,” Strategy’s stock performance is closely tied to Bitcoin’s movements. Bitcoin was up over 3% on the day, nearing its all-time high of $111,000.

Bitcoin’s positive day was influenced by the overall market optimism and political developments. Despite a failed attempt to include crypto-friendly tax changes, the digital coin market was still buoyed by the passing of key legislation.

Strategy, led by Michael Saylor, continues to accumulate more Bitcoin, owning 580,250 Bitcoins. This makes them one of the leading institutional holders of the coin, appealing to investors who prefer indirect exposure to Bitcoin.

Read more at Nasdaq.: Why Strategy Stock Popped by 8% Today