Sections a The way (NASDAQ: MSTR ) rose nearly 9% on Friday as Bitcoin returned to the $78,000 level.
The group comes a few days after the Executive Chairman Michael Saylor gave a keynote speech at the Bitcoin 2026 conference in Las Vegas.
MSTR rose above $180 per share on Friday, building near $165. The move followed Bitcoin’s intraday advance, which pushed BTC to $78,961 as of Friday afternoon, according to Bitcoin Magazine Pro data.
The rally provides welcome relief for MSTR investors who have endured a rough patch – shares remain down more than 70% since November 2024 after peaking above $457.
The price action it comes amid a broader recovery in Bitcoin that has been on the rise since a sharp pullback to the mid-$60,000s earlier this year. Bitcoin also crossed $78,000 last week, boosted by a temporary shutdown and correction of major sentiment following reports of progress in US-Iran diplomatic talks.
Polymarket contracts on May 1 BTC prices showed 100% confidence that the stock will end in $78,000–$80,000.
As a reliable Bitcoin project, MSTR tends to increase the movement of BTC in both directions. Strategy currently has about 818,334 Bitcoins on its balance sheet – about 3.9% of all Bitcoin that will ever exist – acquired at an average price of about $66,385 per coin.
Saylor: Strategy’s STRC is growing
The stock’s bid also comes amid renewed interest generated by Saylor’s keynote speech at the Bitcoin 2026 conference in Las Vegas last week.
Instead of focusing on Bitcoin’s price targets or buying more Bitcoin, Saylor’s words were focused The cost of STRC – Strategy’s Bitcoin-backed stocks – and the growing sentiment that digital debt is about to kill billions of dollars in the credit market.
“The world’s $300 trillion credit market is a much bigger opportunity than the world’s nearly $2 trillion Bitcoin market, and Strategy has built the first product to bridge the two,” Saylor argued on the main point.
STRC, which they pay an 11.5% monthly share in Nasdaq trading, has grown to about $8.5 billion in net value in nine months — larger, Saylor said, than the entire existing universe of securities they pay for each month combined.
“This is going well,” he told the audience.
BlackRock’s iShares Preferred & Income Securities ETF has already raised $210 million in STRC.
Saylor said The cost of STRC has invested nearly 77,000 BTC year to date in 2026, nearly ten times the amount of all US spot Bitcoin ETFs combined over the same period.
