Bitcoin Surges Past $78K, Propelling Saylor's Strategy Shares 14% Higher

Bitcoin rallied to $78,209 on April 17, up 4.7% in 24 hours, sending MicroStrategy (Strategy) shares surging 13.8% to $169.54 amid its 780,897 BTC holdings now valued over $61 billion versus an average cost of $75,577. From Q1 2026's $14.46 billion unrealized losses on 766,970 BTC, Strategy added 17,585 BTC in April—including 13,927 at $71,902 average—nearing profitability during a $75,900 intraday spike on April 16. Saylor's bullish calls dismissing $60K bottoms and quantum risks, plus ETF inflows and geopolitical de-escalation, drive institutional momentum and a strong rebound.