Strategy shares jump 13% to $151 as bitcoin reserve bill advances
- —MSTR rose 13% from $137 to $150.89, with a market cap of about $59.5 billion
- —A House committee approved H.R. 8957 on a bitcoin reserve by a 28-21 vote
- —The bill requires qualified BTC to be held for at least 20 years
- —Strategy holds 840,050 BTC and follows a long-term accumulation strategy
Why it matters: Advancing the BTC state reserve bill strengthens institutional demand and supports crypto stocks such as MSTR.
Source: The Crypto Times