Strategy Inc (NASDAQ:MSTR) shares are rising Monday as crypto‑linked names bounce back from last week's selloff and the company confirms another large Bitcoin purchase.

Crypto Market Backdrop

Bitcoin (CRYPTO: BTC) spent the end of last week under pressure after briefly touching $60,000 on Friday. The move followed Strategy's sale of 32 Bitcoin at $77,135. Analysts warned that Bitcoin could dip below $60,000 before finding a stable floor.

Some analysts suggested that Michael Saylor may have sold a small amount of Bitcoin to reset expectations before buying more at lower levels. They argued the sale showed Strategy can adjust its holdings when needed without abandoning its long‑term strategy. Even so, they pointed to macro pressure, weak equities, oil uncertainty and capital rotation into AI as the larger forces weighing on crypto.

Bitcoin's decline did not show the heavy volume that usually marks a lasting bottom. One analyst said Bitcoin may still drift toward the low $50,000 range. Others noted that AI has attracted about $400 billion in capital inflows over the past six months, pulling money away from Bitcoin in the short term.

Strategy Adds 1,550 Bitcoin

Strategy announced it bought 1,550 BTC for $101 million at an average price of $65,332. This is the company's first purchase since selling 32 coins last week. The buy brings total holdings to 845,256 BTC acquired for just under $64 billion at an average of $75,680 per coin.

The latest purchase came in about $10,000 below that average, which means Strategy lowered its cost basis for the first time since it began accumulating Bitcoin. To fund the buy and rebuild liquidity, the company issued $181 million in common stock and increased its USD reserve by $100 million, bringing total cash reserves to $1 billion.

Regulatory Tailwind: The CLARITY Act

More than 200 companies signed a letter urging Senate leadership to schedule a vote on the Digital Asset Market CLARITY Act. The bill recently advanced out of the Senate Banking Committee and was placed on the Senate Legislative Calendar. Lawmakers are pushing to move it before the July recess.

The legislation aims to create a clearer regulatory framework for digital assets, addressing long‑standing questions about SEC jurisdiction, token classifications and compliance rules. For an industry that has struggled with uncertainty for years, progress on the CLARITY Act is seen as a potential turning point.

MSTR Shares Are Climbing

MSTR Price Action: Strategy shares were up 5.94% at $127.60 at the time of publication on Monday, according to Benzinga Pro.

Read Also: Bitcoin's Crash To $60,000 Means Saylor Has 'Flown Too Close To The Sun,' Two Prime CEO Says

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