2h ago

Strategy Jumps 11.8% As Bitcoin Briefly Breaks $78k

@Strategy shares surged 11.8% on Thursday, closing at $166.52 after gaining $17.58 on the day, as $BTC briefly climbed above $78,000 following Iran's decision to reopen the Strait of Hormuz. The cryptocurrency has since pulled back into the lower $77,000s.

$MSTR touched an intraday high of $173.15 before easing into the close. The rally represents a significant bounce from the stock's 52-week low of $104.16, though shares remain a considerable distance from their peak of $457.22.

Strategy Jumps 11.8% As Bitcoin Briefly Breaks $78k

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BSCN's dedicated writing team brings over 41 years of combined experience in cryptocurrency research and analysis. Our writers hold diverse academic qualifications spanning Physics, Mathematics, and Philosophy from leading institutions including Oxford and Cambridge. While united by their passion for cryptocurrency and blockchain technology, the team's professional backgrounds are equally diverse, including former venture capital investors, startup founders, and active traders.