Michael Saylor Reaps Profits! Strategy Shares Soar After Bitcoin Surpasses Rp1.3 Billion

Michael Saylor is reaping profits as Bitcoin’s price rose 4.7% in the last 24 hours, surpassing the US$78,000 level. The surge in the world’s most valuable cryptocurrency has brought benefits to Saylor’s company, Strategy. Citing AOL, shares of the company, listed under the ticker MSTR on the Nasdaq exchange, soared by 13.83% to US$169.54 during trading on Friday, 17 April 2026 local time. This increase occurred alongside the Bitcoin rally, which was traded around US$78,209 or approximately Rp1.34 billion (estimated exchange rate of Rp17,170 per US dollar) per coin, strengthening 4.7% in the last 24 hours. The Bitcoin surge is inseparable from improving global market sentiment. Investors are beginning to set aside concerns over Middle East conflicts following positive signals from geopolitical developments. US President Donald Trump stated that peace negotiations with Iran are showing progress and could lead to a permanent peace agreement. Trump also assured that the Strait of Hormuz has reopened and is operating normally, thereby easing concerns over disruptions to global energy supplies. Trump’s announcement was made a few hours after a 10-day ceasefire between Israel and Lebanon came into effect on 16 April 2026. Following that, Iran’s Foreign Minister Abbas Araghchi confirmed that commercial oil shipments through Hormuz would continue. The ceasefire in Lebanon is a key prerequisite for Iran in broader negotiations. This condition forms the basis for market optimism that talks between the US and Iran will take place in the coming days. For Strategy, the Bitcoin surge serves as the main catalyst for share movements on the stock exchange. Since shifting its business strategy to focus on Bitcoin asset storage, the company’s financial performance has been highly dependent on cryptocurrency price movements. As of 17 April 2026, Strategy holds approximately 780,897 BTC, with a value reaching US$60.8 billion at current prices. This holding makes Saylor’s company the corporation with the largest Bitcoin reserves in the world. The company previously recorded paper losses of around US$14.5 billion in the first quarter of 2026 due to the difference between purchase and market prices of Bitcoin. The latest rally provides a breath of fresh air for the company’s balance sheet.