Strategy posted over 25% in gains during the last five trading days, driven by a record-breaking Bitcoin acquisition and a surge in Bitcoin’s price near $79,000.
Shares of Strategy posted over 25% in gains during the last five trading days, driven by a record-breaking Bitcoin acquisition and a surge in bitcoin’s price above $78,000. The move underscored the company’s leverage to Bitcoin price movements and its continued reliance on preferred stock issuance to fund treasury expansion.
Strategy’s stock opened April from a closing low near $119 on April 2, then ground higher throughout the month as Bitcoin prices recovered. By April 17, shares closed at $166.52 — a gain of more than 40% from that early-month trough.. On April 17 alone, shares surged 11.8% in a single session on volume that far exceeded the daily average.
Bitcoin price crossed $78,500 this morning up from an opening near $76,000 and continuing a recovery that began the prior week. The move put Bitcoin up 11.1% from one month earlier and marked its highest level since early February.
Strategy disclosed on April 20 that it purchased 34,164 BTC between April 13 and April 19, 2026, at an average price of $74,395 per coin, for a total outlay of approximately $2.54 billion. The acquisition is the company’s third-largest single purchase on record and the largest weekly accumulation since November 2024.
