The president and CEO of Strategy said Morgan Stanley’s upcoming bitcoin ETF could unlock as much as $160 billion in demand under a modest portfolio allocation scenario.
Strive said it raised the dividend rate on its SATA preferred stock to 12.75%, narrowed the trading range guidance, and added 179 bitcoin to its balance sheet.
A $409M trading day and record-low volatility suggest STRC may have unlocked product-market fit, bridging Bitcoin treasury strategy with income markets.
Investment bank B. Riley assigned Strategy Inc. (NASDAQ:MSTR) and Strive, Inc. (NASDAQ:ASST) Buy ratings and price targets of $175 and $12, respectively.
Strategy spent a whopping $1.28 billion to buy 17,994 more bitcoin last week, raising its total holdings to 738,731 BTC worth about $50 billion at current prices.
PREDICT BITCOIN
