Strategy Inc. Stock Gains as House Committee Advances U.S. Bitcoin Reserve Bill

Shares of Strategy Inc. (MSTR) rose 3.5% in pre-market trading Friday to $136.89, buoyed by a significant legislative proposal in the U.S. House that investors see as a step toward institutional validation for Bitcoin. The move represents a rebound for the stock and the broader crypto sector after facing pressure earlier in the week.

Legislative Crosscurrents

The primary catalyst for the rally was the House Financial Services Committee's September 16 vote to advance the American Reserve Modernization Act, according to a report from Investing.com. The bill notably proposes the establishment of a Strategic Bitcoin Reserve at the U.S. Treasury, which would be mandated to hold qualified Bitcoin for a minimum of 20 years.

This positive development for digital asset proponents follows a recent setback. Earlier in the week, sentiment was dampened by the Senate’s failure to advance the Digital Asset Market Clarity Act, which had triggered a sector-wide selloff.

Fed Policy and Market Resilience

The stock's advance occurred despite a hawkish turn from the Federal Reserve. The central bank's policy-making committee unanimously voted to raise the federal funds rate by 25 basis points to a new target range of 3.75%–4.00%, marking the first interest rate increase since 2023.

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While the rate hike was widely anticipated and largely priced in by markets, the Fed's updated projections signal further tightening ahead. Even so, Bitcoin demonstrated resilience by holding its price above the $75,000 level, providing a stable backdrop for crypto-related equities.

Sector Impact and Outlook

The positive sentiment extended to other companies in the sector, with peers such as Coinbase (COIN) and MARA Holdings (MARA) also recovering from earlier losses. For Strategy Inc. specifically, Executive Chairman Michael Saylor provided a company-specific boost by publicly asserting that banks will be able to lend against Bitcoin without waiting for new legislation from Congress.

Taken together, Friday's pre-market activity suggests a relief rally, with investors prioritizing the potential long-term benefits of the House bill over immediate macroeconomic headwinds from Fed policy.