Strategy Inc Shares Rise Following New Expansion of Bitcoin Treasury
Tysons Corner, Tuesday, 22 September 2026.
Strategy Inc stock jumped after acquiring 950 additional Bitcoins, expanding its total corporate holdings to an unprecedented 846,000 coins amid a surging broader digital currency market.
Market Reaction and Trading Dynamics
On 22 September 2026, Strategy Inc. (NASDAQ: MSTR) shares were priced at $166.33, reflecting continued investor interest following the previous day’s surge [2]. The stock had risen 7% on 21 September 2026, correlating with a 6% climb in Bitcoin prices to reach $85,000 [2]. Trading volume on 22 September stood at 1.33 million shares, significantly below the average volume of 25.05 million shares, indicating potential consolidation after the rally [2]. Price data from 21 September recorded a value of 168.50, marking a substantial increase from the 153.92 close on 18 September 2026 [1]. This movement represents a percentage change of 9.472 over the three-day period, highlighting the asset’s continued volatility [1].
Treasury Expansion and Capital Allocation
Chair Michael Saylor confirmed via X on 20 September 2026 that the company had acquired an additional 950 BTC [3]. This purchase brought the total corporate holdings to 846,000 BTC as of 20 September 2026 [3]. Alongside the Bitcoin acquisition, the company repurchased $174 million of $STRC tokens and reported holding $6.09 billion in USD assets [3]. During the week prior, from 14 September 2026 to 20 September 2026, Strategy Inc. reported zero share sales under its at-the-market (ATM) facility, suggesting a pause in equity dilution for funding [2]. Chair Saylor hinted at potential new Bitcoin purchases following a three-week pause in acquisition activity, though no specific date for further announcements was provided [2][alert! ‘No specific date provided for announcement’].
Valuation Metrics and Analyst Perspectives
Analysis from Simply Wall St noted that Strategy Inc. shares closed at US$153.92 on 20 September 2026, following a 16.4% one-day return [4]. Current analyst price targets for the stock are near US$228, contrasting with a fair value estimate of US$125, which categorizes the stock as potentially overvalued based on certain market narratives [4]. While the 30-day share price return reached 29.1%, the one-year total shareholder return has dropped 55.4%, presenting a mixed performance profile [4]. Investors are advised to consider the viability of the company’s Bitcoin-centric credit engine and its ability to maintain liquidity across full Bitcoin cycles [4].