Strategy Inc (NASDAQ: MSTR) shares gained more than 5.6% today, on November 28. It happened as Bitcoin (BTC) price stabilized above $92,000 and expert comments from Fundstrat’s Tom Lee supported sentiment around the cryptocurrency. The stock moved above $185, extending a modest rebound after a period of heightened volatility tied to Bitcoin’s pullback from record highs.
Lee reiterated his constructive stance on Bitcoin in a recent media appearance, noting that the asset remains within range of key psychological levels. His remarks added to broader optimism across digital assets, with investors monitoring macro conditions, institutional participation, and capital flows into large-cap tokens.
Strategy (MSTR) stock continues to trade as a leveraged proxy for Bitcoin due to the company’s sizable holdings, which now exceed 649,000 coins. The company’s equity performance has remained closely correlated to shifts in the crypto market, and Bitcoin’s resilience above recent support zones has contributed to Friday’s advance. Analysts note that Strategy’s trading range may remain sensitive to BTC momentum and broader risk sentiment.
