Bitcoin rally ignites crypto stocks: Strategy, Strive, MARA surge
4.2 Markets Bitcoin’s rally above $85,000 has fueled sharp gains in crypto stocks. Strategy, Strive, Coinbase, and MARA Holdings all surged, while ETF inflows hit $4 billion, signaling renewed investor confidence.
Bitcoin’s surge past $85,000 has sparked significant gains across crypto-related stocks. Strategy (MSTR) shares jumped 16% to $153.92 as Bitcoin reclaimed $80,000, marking a 48% rally over the past month and leading the Nasdaq-100 in returns. Strive (ASST) continued its aggressive Bitcoin accumulation, purchasing 1,355 BTC for $107.7 million—outpacing Strategy’s 950 BTC buy. Strive’s total holdings now stand at 26,355 BTC, while Strategy remains the largest corporate holder with 846,000 BTC. ASST stock is up over 120% in the past month, surpassing Wall Street targets. Coinbase and MARA Holdings also saw notable gains, with MARA rising 5% to $13.90, buoyed by Bitcoin’s rally and renewed interest in its AI and data-center initiatives. ETF inflows into Bitcoin have reached nearly $4 billion over the past three months, reflecting a shift from traditional stocks to crypto assets. Analysts suggest these trends may signal the end of the crypto winter.
