Strategy shares closed September 4, 2026, at $142.80, up about 12% from the prior Friday’s $127.31 close after a 17.56% Thursday jump to $144.82 and a 1.39% Friday pullback. The advance reflected Bitcoin reclaiming $80,000, Strategy’s first sizable Bitcoin purchase in roughly 10 weeks, a sharp increase in its weighting in Fundstrat’s Granny Shots U.S. Large Cap ETF, and easing expectations for a September Federal Reserve rate hike. Strategy bought 4,603 Bitcoin for about $369.7 million, averaging $80,318 per coin, and reported holdings of 845,050 Bitcoin acquired for $63.73 billion, or approximately $75,412 each. It funded the purchase by selling 4,531,421 Class A shares for $602.8 million, with proceeds also supporting an approximately $152 million STRC preferred-stock repurchase, preferred dividends and cash reserves. The company remains a high-beta Bitcoin proxy, with shares well below their 52-week high of $365.21 and exposed to substantial financing obligations, including $6.7 billion in convertible debt and $400.7 million in second-quarter preferred dividend obligations. B. Riley raised its price target to $175 with a Buy rating, while Alliance Global Partners upgraded Strategy to Strong Buy.