Strategy stock surges 16.39% as U.S. Bitcoin reserve bill advances

  • Strategy’s MSTR stock rose 16.39% to $153.92 on September 18 after recovering from an intraday low near $137.
  • The House Financial Services Committee advanced H.R. 8957 in a 28-to-21 vote on September 16, proposing a U.S. Strategic Bitcoin Reserve under Treasury custody.
  • CEO Phong Le said Strategy holds 840,050 BTC and remains a long-term accumulator while retaining flexibility for limited sales.

Strategy’s flagship MSTR stock rose 16.39% to $153.92 on September 18 after recovering from an intraday low near $137, with Yahoo Finance data placing the company’s market capitalization above $59.5 billion. The move followed the House Financial Services Committee’s 28-to-21 vote on September 16 to advance the American Reserve Modernization Act (H.R. 8957), which would direct the U.S. Department of the Treasury to establish a Strategic Bitcoin Reserve. The bill would require qualifying assets to remain in federal custody for at least 20 years and includes amendments on proof-of-reserve reporting and assets acquired through network hard forks. Separately, the Securities and Exchange Commission granted a temporary exemption to authorized tokenized-securities trading platforms, allowing certain U.S. assets to trade through automated market makers and permissioned liquidity pools. CEO Phong Le said Strategy holds 840,050 BTC and will continue accumulating Bitcoin indefinitely, while allowing selective small sales when market conditions, capital flexibility, Bitcoin-denominated returns or traditional-finance integration warrant them. Market pricing separately assigns an 80.5% probability to Strategy’s STRC preferred stock reaching $100 by December 31, a prediction-market estimate rather than a company forecast.

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