Strategy (MSTR) jumps as bitcoin steadies and the company boosts STRC preferred dividend

Strategy Inc. (MSTR) is up 5.5% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is a bitcoin-linked rebound bid after a volatile weekend for crypto, with MSTR often trading as a leveraged proxy for bitcoin sentiment. A secondary tailwind may be renewed focus on Strategy’s capital-markets “digital credit” strategy after it raised the March dividend rate on its STRC preferred stock.

Details:

Bitcoin stabilized and rebounded from a sharp weekend drop, improving risk appetite for bitcoin-exposed equities during the U.S. session.

Strategy lifted the annualized dividend rate on its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) to 11.50% for March 2026, a 25-basis-point increase versus the prior month.

Management has positioned STRC’s variable-rate framework as a tool to keep the preferred shares trading near their $100 stated amount, supporting ongoing issuance and liquidity.

In its latest quarterly update, the company disclosed bitcoin holdings of 713,502 BTC as of February 1, 2026, keeping the equity highly sensitive to day-to-day moves in the underlying asset.

Sources:

Strategy (press release), Barron's, Cointelegraph

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$MSTR Insider Trading Activity

$MSTR insiders have traded $MSTR stock on the open market 37 times in the past 6 months. Of those trades, 7 have been purchases and 30 have been sales.

Here’s a breakdown of recent trading of $MSTR stock by insiders over the last 6 months:

WEI-MING SHAO (EVP & General Counsel) has made 1 purchase buying 12,500 shares for an estimated $1,211,450 and 29 sales selling 69,002 shares for an estimated $20,737,620.
JARROD M PATTEN has made 2 purchases buying 23,780 shares for an estimated $2,316,303 and 0 sales.
CARL J RICKERTSEN purchased 5,000 shares for an estimated $779,395
JANE A DIETZE has made 2 purchases buying 2,100 shares for an estimated $204,293 and 0 sales.
JEANINE MONTGOMERY (VP & CAO) sold 43 shares for an estimated $8,967
PHONG LE (President & CEO) purchased 12 shares for an estimated $1,199

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$MSTR Hedge Fund Activity

We have seen 501 institutional investors add shares of $MSTR stock to their portfolio, and 756 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CAPITAL INTERNATIONAL INVESTORS added 5,600,573 shares (+37.3%) to their portfolio in Q4 2025, for an estimated $851,007,067
VANGUARD GROUP INC added 4,178,611 shares (+21.0%) to their portfolio in Q4 2025, for an estimated $634,939,941
AMUNDI added 3,779,340 shares (+373.7%) to their portfolio in Q4 2025, for an estimated $574,270,713
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 3,511,120 shares (-70.2%) from their portfolio in Q4 2025, for an estimated $533,514,683
BANK OF AMERICA CORP /DE/ added 3,355,223 shares (+680.5%) to their portfolio in Q4 2025, for an estimated $509,826,134
UBS GROUP AG added 3,237,842 shares (+128.4%) to their portfolio in Q4 2025, for an estimated $491,990,091
CLEAR STREET GROUP INC. removed 2,806,511 shares (-58.7%) from their portfolio in Q4 2025, for an estimated $426,449,346

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$MSTR Government Contracts

We have seen $29,200 of award payments to $MSTR over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

MICROSTRATEGY TECHNICAL SUPPORT STANDARD RENEWAL - FY25 HHS PROGRAM PERFORMANCE TRACKING SYSTEM: $29,200

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

$MSTR Analyst Ratings

Wall Street analysts have issued reports on $MSTR in the last several months. We have seen 5 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

TD Cowen issued a "Buy" rating on 01/15/2026
Citigroup issued a "Buy" rating on 12/22/2025
HC Wainwright & Co. issued a "Buy" rating on 11/03/2025
Canaccord Genuity issued a "Buy" rating on 11/03/2025
BTIG issued a "Buy" rating on 10/31/2025

To track analyst ratings and price targets for $MSTR, check out Quiver Quantitative's $MSTR forecast page.

$MSTR Price Targets

Multiple analysts have issued price targets for $MSTR recently. We have seen 11 analysts offer price targets for $MSTR in the last 6 months, with a median target of $325.0.

Here are some recent targets:

Dan Dolev from Mizuho set a target price of $320.0 on 02/17/2026
Ramsey El-Assal from Cantor Fitzgerald set a target price of $192.0 on 02/09/2026
Andrew Harte from BTIG set a target price of $250.0 on 02/06/2026
Joseph Vafi from Canaccord Genuity set a target price of $185.0 on 02/04/2026
Lance Vitanza from TD Cowen set a target price of $440.0 on 01/15/2026
Peter Christiansen from Citigroup set a target price of $325.0 on 12/22/2025
Gautam Chhugani from Bernstein set a target price of $450.0 on 12/08/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.