On August 21, Strategy rose 5.27% overnight, trading at $118.47/share, with turnover of $44.06 million.

The rally was driven by Bitcoin surging past $74,000 with an intraday gain exceeding 2%, lifting crypto-linked equities broadly. Strategy gained over 4% in the after-hours session alongside peers Coinbase and MARA Holdings, which each rose more than 2%.

The move extends momentum from the prior session, during which Strategy climbed 8.4% after Bitcoin broke through $70,000. Catalysts included President Trump meeting executives from Coinbase, Payward, and Blockchain at the White House, reinforcing expectations of a digital-asset-friendly regulatory environment. The SEC also proposed a new framework allowing certain digital asset issuances to bypass securities registration. Additionally, Strategy disclosed that 12 of its top 15 institutional shareholders increased positions in Q2, adding a combined $1.2 billion, with Renaissance Technologies acquiring 422,881 new shares to bring its total holding to 2.55 million shares valued at $242.3 million.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)