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MSTR shares rise 4.4% as major Bitcoin holders accumulate $2.75B in BTC and CEO plans to resume buying.

Market News
19 Aug 2026
Blockonomi
View Source
Bullish
pluang ai news

Shares of MSTR increased by 4.4% to $96.60 after data showed major Bitcoin investors accumulated about 43,000 BTC worth $2.75 billion in two months. CEO Phong Le announced plans to restart Bitcoin purchases later this year following a seven-week pause, while the company holds $4.8 billion in cash and maintains a steady 840,447 BTC treasury. Institutional ownership is nearly 60%, with mixed analyst ratings but a moderate buy consensus and an average price target of $239.81. The company’s recent financials showed a loss but revenue growth, and it may consider share buybacks if the stock trades below Bitcoin asset value.

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