Two months without a new bitcoin purchase doesn't mean the market has forgotten about the company. Strategy (ticker: MSTR) shares have recently tracked bitcoin's movement upward, reaching a two-month high — even as the company's own bitcoin buying has been on pause for that same stretch.
A stock price moving in lockstep with bitcoin is nothing new — Strategy has long been viewed by the market as a leveraged proxy for bitcoin. Another point of interest in this rally is STRC, the security that's been steadily climbing back, edging closer to the $100 mark.
For now, the publicly available information is limited to the correlated movement between the stock price and STRC, with no fuller plan or timeline for further accumulation disclosed yet.
