Michael Saylor's MicroStrategy surges as Bitcoin breaks past $78K
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By Pooja Rajkumari
Published on April 17, 2026.
Michael Saylor's Strategy (Nasdaq: MSTR), formerly MicroStrategy, saw a surge in the market hours after Bitcoin (BTC) surpassed the $78,000 mark. The recovery was largely driven by investors looking past the Iran conflict, with WTI crude falling more than 11.9% to $83.42 a barrel. This followed a 10-day ceasefire between Israel and Lebanon, leading to expectations of direct U.S.-Iran talks. Strategy holds 780,897 BTC worth $60,817 million, making it the largest public Bitcoin holding company.
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