Strategy (NASDAQ:MSTR) is up 11% Friday after CEO Phong Le said the company will remain a permanent Bitcoin accumulator, even as it stays open to selling small amounts when it makes sense.
Le said in an interview with Bitcoin magazine on X that Strategy holds 840,050 Bitcoin (CRYPTO: BTC), making it the largest Bitcoin holder in the world, and that position is not changing.
“This is not a sell Bitcoin forever strategy. This is a buy Bitcoin forever strategy,” Le said.
He also opened the door to occasional selling as part of a broader push to integrate Bitcoin and DeFi markets into traditional finance.
With $55 billion worth of Bitcoin on the balance sheet, Le argued the company needs flexibility beyond a pure buy-and-hold approach, particularly as traditional finance moves deeper into Bitcoin custody.
“Sometimes sales in the short term can actually be accretive in real Bitcoin terms,” he said.
Why MSTR Trading Volume Stands Out
Bitcoin News flagged on X that Strategy’s stock now regularly trades more shares than Berkshire Hathaway (NYSE:BRK), a crossover that first happened in late December 2025 and has held through 2026.
Some August sessions saw 46 million to 49 million shares change hands, with turnover reaching $4.4 billion, putting MSTR among the 10 most actively traded U.S. stocks.
MSTR Price Analysis: Key Levels to Watch
MSTR breaks decisively above its descending trendline from the May $199 high Friday, climbing to $147.37 in a clean breakout off the ascending triangle base built since the July $84 low.
RSI Divergence Indicator at 63.56 marks its strongest reading since the September highs, confirming genuine momentum without stretching into extreme territory.
The 20-day EMA at $128.49 has been decisively cleared, with both the 50-day and 100-day EMAs now flipping to support well below current price.
Key levels for MSTR:
- $152 — 200-day EMA, the next real test above
- $128 — 20-day EMA, must hold to keep the move intact
Photo via Shutterstock
Login to comment