Key Highlights
- MSTR stock jumped 13%, rising from about $137 to $150.89 before pulling back.
- The U.S. House committee advanced a Strategic Bitcoin Reserve bill that would require qualifying Bitcoin to be held for at least 20 years.
- Strategy holds 840,050 BTC, while CEO Phong Le said the company plans to remain a long-term Bitcoin accumulator.
Strategy’s MSTR stock jumped more than 13% during Friday’s trading session, moving from an intraday low near $137 to $150.89 before pulling back, according to data from Yahoo Finance.
The stock’s move came as investors assessed several recent developments in the U.S. crypto market, including a House committee vote on a Strategic Bitcoin Reserve bill and a new SEC exemption for tokenized stocks.
According to Yahoo Finance data (on September 18 at 5:37 PM UTC), MSTR was trading at $149.63, giving Strategy a market capitalization of about $59.537 billion. The stock’s rise came alongside broader gains in Bitcoin and other crypto-linked equities.
Bitcoin Reserve Bill moves forward
One of the main developments came on September 16, when the U.S. House Financial Services Committee voted 28-21 to advance the American Reserve Modernization Act of 2026, also known as H.R. 8957.
The bill would direct the U.S. Treasury to create a Strategic Bitcoin Reserve. It would also require qualifying Bitcoin held by the government to remain in the reserve for at least 20 years.
The committee vote made H.R. 8957 the first Strategic Bitcoin Reserve bill to clear a full House committee. The committee also approved amendments affecting provisions related to the 20-year holding period, proof-of-reserve reporting, and Bitcoin acquired through network forks.
SEC opens door for tokenized stocks
The Bitcoin reserve proposal added to a busy week for the U.S. crypto market. On September 17, the Securities and Exchange Commission (SEC) announced a temporary exemption for qualifying blockchain-based trading venues that want to offer certain tokenized U.S. stocks.
Under the exemption, eligible Tokenized Securities Venues can trade certain U.S. stocks using permissioned automated market makers and liquidity pools. The relief is conditional and temporary, meaning it does not create a permanent set of rules for tokenized stocks.
The development also brought fresh attention to crypto-linked stocks, including Strategy, Coinbase and MARA Holdings.
Strategy remains focused on Bitcoin
Strategy has a direct connection to Bitcoin through its large holdings. In a recent interview, CEO Phong Le said the company holds 840,050 BTC and plans to remain a long-term Bitcoin accumulator.
“This is not a sell Bitcoin forever strategy. This is a buy Bitcoin forever strategy,” Le said.
However, Le also said Strategy could sell small amounts of Bitcoin when it makes sense. He explained that the company wants enough flexibility to take part as traditional finance becomes more connected to Bitcoin custody and decentralized finance.
MSTR breaks above key price levels
Meanwhile, based on the TradingView chart on the weekly timeframe, MSTR has moved above a descending trendline that had formed from its July 2025 high of around $452.
The latest weekly candle shows a move above the trendline, indicating a breakout from the pattern. The stock is also trading above its 20-week EMA of $128.64, while its Relative Strength Index (RSI) stands at around 55, below the commonly watched 70 overbought threshold.
Also Read: Litecoin Posts Over 4% Gain in 24Hrs Amid Rising Open Interest
