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Strategy Stock Rallies on $370M Bitcoin Buy, But Charts Stay Mixed

The Cryptonomist·August 31, 2026·1 min read
Strategy Stock Rallies on $370M Bitcoin Buy, But Charts Stay Mixed

Strategy stock closed at $127.69, extending a multi-week recovery driven by the company's $370 million Bitcoin purchase last week. Daily momentum indicators are turning constructive, but the stock remains far below its 200-day moving average, complicating the bullish narrative. Traders watch for further signals.

Read at The Cryptonomist
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