Strategy stock gains as Bitcoin buying resumes

Published on 09/03/2026 at 14:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Strategy stock moves higher after Bitcoin purchases resumed and the latest quarterly loss stayed deep. The company also reported 845,050 bitcoin and revenue of USD 122.37 million for Q2 2026.

MSTR, US5949721065, Illustration mit AI erstellt.

Strategy (ISIN US5949721065) stock gained after fresh reporting on Bitcoin activity and a new market read on the company tied to its large treasury position. As of September 3, 2026, the stock opened at USD 123.19, while the companys market value was put at USD 47.33 billion and another market-cap snapshot showed USD 48.94 billion.

Bitcoin stays central

According to a September 3, 2026 report from TradingView, MSTR rose more than 12 percent as Bitcoin moved above USD 80,000. That same reporting cycle said Strategy held 845,050 bitcoin after resuming purchases, with a cost base of about USD 63.73 billion and an additional purchase of 4,603 bitcoin for roughly USD 370 million.

The numbers matter because the equity still trades like a leveraged Bitcoin proxy. The companys bitcoin count was up from 840,447 on August 23, 2026, and the latest weekly move was 4,603 coins, a clean quantified step rather than a vague narrative.

Quarterly loss remains heavy

For the latest reported quarter, Strategy posted revenue of USD 122.37 million and EPS of USD -24.45, according to the September 3, 2026 MarketBeat filing digest. Revenue was up 6.9 percent year over year, but the EPS result missed the consensus estimate of USD -2.19 by USD 22.26.

Yahoo Finance analysis data for Q2 FY26 put revenue at USD 122.37 million and expected current-quarter revenue at USD 129.53 million, with full-year 2026 revenue estimated at USD 501.16 million. That leaves investors focused on whether the company can narrow losses while Bitcoin strength keeps supporting the equity story.

Go deeper

Strategy stock and the Bitcoin treasury model

A closer look at how Bitcoin holdings, share sales, and quarterly losses shape the current valuation debate.

Bitcoin holdings drive valuation

Strategys software business remains secondary in the market narrative, with the latest analyst consensus on Yahoo Finance showing Q2 FY26 revenue at USD 122.37 million and current-quarter estimates at USD 129.53 million. The same data set put current-year revenue estimates at USD 501.16 million, which frames the gap between operating scale and the market value attached to the stock.

Price and market value

As of September 3, 2026, Strategy stock opened at USD 123.19 on MarketBeat and the companys market cap was listed at USD 47.33 billion. A second market-cap reading on CompaniesMarketCap placed Strategy at USD 48.94 billion on September 3, 2026.