Strategy (MSTR) Surges Over 12% As Bitcoin-Linked Stocks Have Green Day

Strategy (MSTR) shares surged over 12% after the company announced a $1.25 billion Bitcoin sales plan and a $1 billion stock buyback program. The move marks a strategic shift from its previous Bitcoin accumulation focus, as the company aims to fund a U.S. dollar reserve and cover dividend obligations. Other Bitcoin-linked stocks like Nakamoto (NAKA) and Strive (ASST) also rose, while Bitcoin itself declined over 6% in the past week.