Strategy (MSTR) is showing a strong upward trend in early trading on the 21st (local time), buoyed by Bitcoin's sharp rally.

As of 10:31 p.m. on the 21st, Korean time, Strategy's stock price stands at $116.66, up 3.79% from the previous day. The stock showed strong gains in pre-market trading and continues to attract investor attention in early trading.

Strategy, which holds a large amount of Bitcoin, is drawing attention as its movements are closely tied to the recent strong rebound in the cryptocurrency market. Accordingly, some see Bitcoin price fluctuations as a key variable that could affect the company's asset value and investor sentiment.

Notably, Bitcoin's upward momentum is steep. Bitcoin briefly rose to the $79,000 level on the 21st. As Bitcoin has jumped sharply in a short period, buying interest is flowing into Strategy, which is regarded as one of the leading 'Bitcoin-holding companies.'

The key question going forward is whether Bitcoin's upward trend will continue. If Bitcoin approaches the $80,000 level further, market attention is expected to focus on how it will affect Strategy's stock price.

However, as volatility has expanded significantly for both Bitcoin and related stocks in the short term, investors should be mindful of intraday price movements.