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Strategy's stock value soars 3,467% as Bitcoin price boosts its market and trading volume.

Market News
29 Oct 2026, 00:00 WIB
AMBCrypto
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Bullish
Strategy's stock value soars 3,467% as Bitcoin price boosts its market and trading volume.

Michael Saylor's Strategy company saw its combined common and preferred stock market cap rise 3,467% to $475 million over the past year, driven by rising Bitcoin prices. The company uses a model where it sells credit to buy Bitcoin, which in turn increases Bitcoin's price and the stock's premium, creating a reinforcing cycle. Strategy's daily trading volume reached $2.90 billion, surpassing the entire traditional finance industry. Despite significant preferred-stock buybacks reducing cash reserves, Strategy continues to attract investors, with its preferred stock (STRC) remaining the largest and most liquid US perpetual preferred stock.

Michael Saylor's Strategy company is the subject, with Pluang's market data providing context for readers. For those tracking major cryptocurrencies on Pluang as of Oct 29, 2026 03:33 WIB, 43 out of 50 rose today. Among notable movers, BAL (Balancer) gained 11.14% to Rp16.297, EOS (EOS.IO) increased 8.13% to Rp12.649, while SXP (Solar) dropped sharply by 46.27% to Rp37, contrasting strongly with the typical hold times ranging from 85 to 94 days.

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