Updates

** Shares of Strategy MSTR.O rise 6.3% in premarket trade

** Stock had fallen for four straight sessions through Thursday, including its steepest one-day drop since March 24, hitting its lowest level since August 2024, before rebounding premarket

** Bitcoin rose more than 4%, lifting crypto-linked stocks, including Robinhood, which is up 5.4%

** Executive Chairman Michael Saylor highlighted regulatory support and growing institutional and corporate adoption as key fundamentals for cryptocurrencies

** Co posted a sharply wider Q4 loss of $42.93 per share, underscoring the risks of its heavy exposure to bitcoin

** Strategy held 713,502 bitcoins as of Feb 1, acquired at an average price of $76,052 per coin, leaving it exposed as bitcoin trades around $63,140, well below its October peak

** Strategy shares down nearly 30% this year after sliding about 47.5% in 2025

(Reporting by Rashika Singh in Bengaluru)

((Rashika.Singh@thomsonreuters.com;))