Strategy (MSTR) broke its 10-week Bitcoin pause with a $370M buy, sending Strive (ASST) 6% higher even as Bitcoin fell.
With SPY down 0.6% and Strive already up 97% in a month, its beta of 13.19 signals extreme reversal risk.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and MicroStrategy didn't make the cut. Grab the names FREE today.
Strive (NASDAQ:ASST) shares are climbing this morning after peer Strategy (NASDAQ:MSTR) ended a 10-week Bitcoin purchase pause, a sentiment shift for corporate treasury names that arrives even as Bitcoin (CRYPTO:BTC) itself trades slightly lower on the day. The divergence sets the tone for Monday's session.
Strive is up 7% to $23.20 in Monday trading. Meanwhile, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.6% to $764.93. Bitcoin is down 0.5% to $78,397.57 over the past 24 hours, and that's the anchor ****** et for this entire trade.
#strive #strategy #mstr #even
With SPY down 0.6% and Strive already up 97% in a month, its beta of 13.19 signals extreme reversal risk.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and MicroStrategy didn't make the cut. Grab the names FREE today.
Strive (NASDAQ:ASST) shares are climbing this morning after peer Strategy (NASDAQ:MSTR) ended a 10-week Bitcoin purchase pause, a sentiment shift for corporate treasury names that arrives even as Bitcoin (CRYPTO:BTC) itself trades slightly lower on the day. The divergence sets the tone for Monday's session.
Strive is up 7% to $23.20 in Monday trading. Meanwhile, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.6% to $764.93. Bitcoin is down 0.5% to $78,397.57 over the past 24 hours, and that's the anchor ****** et for this entire trade.
#strive #strategy #mstr #even
2 days ago
