- Citigroup reaffirmed its Buy rating for Strategy (NASDAQ: MSTR), signaling a positive outlook for the stock.
- Strategy’s substantial Bitcoin holdings significantly influence its stock valuation and investor sentiment.
- Recent market activity for Strategy (NASDAQ: MSTR) shows a rebound from a losing streak, with notable options trading favoring higher share prices and a market capitalization of $53.10 billion.
The stock of Strategy (NASDAQ: MSTR) traded at $160.50 when Citigroup maintained its Buy rating on October 2, 2026. Strategy is a major corporate holder of Bitcoin, so changes in Bitcoin’s value can affect how investors view the stock. A Buy rating means Citigroup expects the shares to perform well, indicating positive investor sentiment.
Strategy held 847,000 BTC valued at about $64 billion. On September 28, its shares rose 1% to $160.16 after the company announced another Bitcoin purchase, putting the stock on track to end a three-session losing streak. A Yahoo Finance item said Strategy spent more on its own stock than on Bitcoin, but gave no amounts, highlighting its capital allocation strategy.
At the time of the Citigroup update, Strategy was up $7.41, or 4.84%, at $160.50. It had traded between $152.84 and $161.55 that day. Its 52-week range was $81.81 to $365.21, showing that the current stock price remained well below its high for the year.
Strategy was up about 5% for the year and 95% from its roughly two-year low in late June. Options activity also leaned toward higher stock prices: more than 5.7 million call options traded over the preceding two weeks, compared with 2.2 million puts, as highlighted by Schaeffer’s Research. Call options give buyers the right to buy shares at a set price, often reflecting bullish sentiment.
Strategy’s market capitalization was approximately $53.10 billion, with trading volume of about 19.1 million shares. Market capitalization is the total value of a company’s outstanding shares, while volume shows how many shares changed hands, providing insight into market liquidity.
