Geopolitics Alpha

Strategy Inc (NASDAQ: MSTR) adds bitcoin and retires preferred shares while keeping multi‑billion cash reserves

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Strategy Inc (NASDAQ: MSTR) adds bitcoin and retires preferred shares while keeping multi‑billion cash reserves Stock Titan

Directly affected

  • MSTR Strategy

    Named in this report.

  • NDAQ Nasdaq

    Named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust

    This price moves with the crypto market

  • COIN Coinbase

    The crypto exchange moves with trading volumes

  • MARA MARA Holdings

    Bitcoin miners move with the bitcoin price

  • RIOT Riot Platforms

    Bitcoin miners move with the bitcoin price

  • HOOD Robinhood

    Retail trading apps move with crypto volumes

  • BITX 2X BITCOIN STRATEGY ETF

    GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: strategy, bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • GOLY STRATEGY SHARES GOLD ENHANCED YIELD ETF

    GA selected GOLY as a RELATED security because its canonical security name directly matches this event's themes: strategy, shares. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • ROMO STRATEGY SHARES NEWFOUND/RESOLVE ROBUST MOMENTUM ETF

    GA selected ROMO as a RELATED security because its canonical security name directly matches this event's themes: strategy, shares. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • AVL DIREXION SHARES ETF TRUST

    GA selected AVL as a RELATED security because its canonical security name directly matches this event's themes: shares. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • BITB BITWISE BITCOIN ETF TR

    GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
MSTR———————
NDAQ———————
IBIT———————
COIN———————
MARA———————
RIOT———————
HOOD———————
BITX———————
GOLY———————
ROMO———————
AVL———————
BITB———————

Strategy Inc (NASDAQ: MSTR) adds bitcoin and retires preferred shares while keeping multi‑billion cash reserves stocktitan.net

Source: stocktitan.net

Price since this story was published: Strategy (MSTR)

Since the first closing price after “Strategy Inc (NASDAQ: MSTR) adds bitcoin and retires preferred shares while keeping multi‑billion cash reserves,” Strategy (MSTR) is -18.80%. The S&P 500 fund (SPY) is -0.88% over the same days, a -17.91% difference versus the market.

MSTR
SPY

Disclosure records for Strategy (MSTR) within two months of 21 Sep 2026

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Strategy (MSTR)

Companies mentioned with this story

  • MSTR Strategy

    Strategy (MSTR) is linked, with no stored direction, high confidence in the 21 Sep 2026 story “Strategy Inc (NASDAQ: MSTR) adds bitcoin and retires preferred shares while keeping multi‑billion cash reserves.” Reason on file: The reported development directly names STRATEGY INC in the headline; GA resolved that company to MSTR

  • NDAQ Nasdaq

    Nasdaq (NDAQ) is linked, with no stored direction, high confidence in the 21 Sep 2026 story “Strategy Inc (NASDAQ: MSTR) adds bitcoin and retires preferred shares while keeping multi‑billion cash reserves.” Reason on file: The reported development directly names NASDAQ INC in the headline; GA resolved that company to NDAQ

  • BITX 2X Bitcoin Strategy Etf

    2X Bitcoin Strategy Etf (BITX) is linked, with no stored direction, medium confidence in the 21 Sep 2026 story “Strategy Inc (NASDAQ: MSTR) adds bitcoin and retires preferred shares while keeping multi‑billion cash reserves.” Reason on file: GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: strategy, bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • GOLY Strategy Shares Gold Enhanced Yield Etf

    For “Strategy Inc (NASDAQ: MSTR) adds bitcoin and retires preferred shares while keeping multi‑billion cash reserves,” Strategy Shares Gold Enhanced Yield Etf (GOLY) is linked, with no stored direction, medium confidence. Reason on file: GA selected GOLY as a RELATED security because its canonical security name directly matches this event's themes: strategy, shares. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • ROMO Strategy Shares Newfound/Resolve Robust Momentum Etf

    In “Strategy Inc (NASDAQ: MSTR) adds bitcoin and retires preferred shares while keeping multi‑billion cash reserves,” Strategy Shares Newfound/Resolve Robust Momentum Etf (ROMO) is linked, with no stored direction, medium confidence. Reason on file: GA selected ROMO as a RELATED security because its canonical security name directly matches this event's themes: strategy, shares. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • AVL Direxion Shares Etf Trust

    Direxion Shares Etf Trust (AVL) is linked, with no stored direction, medium confidence in the 21 Sep 2026 story “Strategy Inc (NASDAQ: MSTR) adds bitcoin and retires preferred shares while keeping multi‑billion cash reserves.” Reason on file: GA selected AVL as a RELATED security because its canonical security name directly matches this event's themes: shares. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BITB Bitwise Bitcoin ETF

    In “Strategy Inc (NASDAQ: MSTR) adds bitcoin and retires preferred shares while keeping multi‑billion cash reserves,” Bitwise Bitcoin ETF (BITB) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BITU Proshares Ultra Bitcoin Etf

    Proshares Ultra Bitcoin Etf (BITU) is linked, with no stored direction, medium confidence in the 21 Sep 2026 story “Strategy Inc (NASDAQ: MSTR) adds bitcoin and retires preferred shares while keeping multi‑billion cash reserves.” Reason on file: GA selected BITU as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Strategy (MSTR)

On 21 Sep 2026, “Strategy Inc (NASDAQ: MSTR) adds bitcoin and retires preferred shares while keeping multi‑billion cash reserves” is the story that connects Strategy (MSTR) to this story.

The link for Strategy (MSTR) is this: The reported development directly names STRATEGY INC in the headline; GA resolved that company to MSTR

Also listed, Nasdaq (NDAQ): The reported development directly names NASDAQ INC in the headline; GA resolved that company to NDAQ

Dates and price levels for Strategy (MSTR)

BITX traded between 17.70 and 21.33 across 20 sessions. The latest close on file is 18.59. MSTR traded between 134.12 and 171.14 across 20 sessions. The latest close on file is 135.86. NDAQ traded between 89.66 and 96.70 across 20 sessions. The latest close on file is 93.21.

A simple score for Strategy (MSTR)

46 out of 100

“Strategy Inc (NASDAQ: MSTR) adds bitcoin and retires preferred shares while keeping multi‑billion cash reserves” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.