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Strategy Stock is Riding Bitcoin’s Climb
Shares of Strategy have been beneficiaries of a run-up in bitcoin.Credit: Jakub Porzycki / NurPhoto via Getty ImagesKEY TAKEAWAYSBitcoin’s 35% three-month rise helped Strategy shares gain more than 70%.Citi recently raised its base-case bitcoin target to $113,000 by October 2027.Crypto markets are springing back to life. And one bitcoin-linked stock has reaped big benefits. The price of bitcoin has risen roughly 35% in the past three months, recently trading at around $85,000. Digital asset treasury Strategy (MSTR) has gained more than 70% during that time, driving the stock’s year-to-date…
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