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

  • Strategy’s MSTR stock rebounded sharply after new U.S. regulatory and congressional developments.
  • MSTR reached $153.92, gaining 16.39% after trading near $137 earlier that day.
  • The House Financial Services Committee advanced H.R. 8957 in a 28-to-21 vote on September 16.

Strategy’s flagship stock, MSTR, rose to $153.92, up 16.39%, on September 18 after recovering from an intraday low near $137. Yahoo Finance data put the company’s market capitalization above $59.5 billion during the session. The move followed a 28-to-21 vote by the House Financial Services Committee on September 16 advancing 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 requires qualifying assets to remain in federal custody for at least 20 years and includes amendments covering proof-of-reserve reporting and assets acquired through network hard forks. Separately, the SEC (U.S. securities regulator) 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 remains focused on long-term accumulation, while leaving open the possibility of selling small amounts if market conditions or traditional-finance integration warrant it. MSTR also moved above a descending trendline from its July 2025 highs near $452 and its 20-week EMA (trend-following average) at $128.64, while weekly RSI (momentum indicator) stood near 55, below the 70 overbought threshold. The market is awaiting the full House vote on H.R. 8957.

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