MicroStrategy Stock Surges as Bitcoin Rebounds to $78K; STRC Preferred Stock Disrupts Credit Markets

MicroStrategy stock climbed 9% as Bitcoin recovered to $78,961, driven by broader cryptocurrency market momentum and institutional enthusiasm for the company’s STRC preferred security. Saylor’s Bitcoin 2026 keynote highlighted how STRC has accumulated $8.5 billion in notional value and financed 77,000 Bitcoin acquisitions—tenfold the net flow of U.S. spot Bitcoin ETFs.