Have you profited from the rise of BTC and AI?
Last week, US stock market was dominated by chip stocks. $NVIDIA Corp(NVDA)$ earnings greatly exceeded expectations after analysts raised their forecasts, driving chip stocks to soar and reversing the downturn in the broader market.
Chip giants saw a slowdown in momentum on Friday, with SMCI falling back to around $800.
However, this Monday, Bitcoin-related stocks surged, rising about 20% overnight.
$Marathon Digital Holdings Inc(MARA)$ and $CleanSpark, Inc.(CLSK)$ jumped over 20% on Monday trading.
$MicroStrategy(MSTR)$ rises 16% after the company adds 3k more Bitcoin.
$Coinbase Global, Inc.(COIN)$ is another strong contender, as Coinbase serves as the custodian for spot BTC ETFs.
Will you bet on $Marathon Digital Holdings Inc(MARA)$’s earnings tomorrow?
Marathon is considered a leading indicator for cryptocurrency stocks. It will release its earnings data after the market closes on Wednesday, February 28th.
For stocks related to cryptocurrencies, the trend of Bitcoin is more important than earnings.
After $Coinbase Global, Inc.(COIN)$ released better-than-expected financial results on February 15th, it experienced a pullback for five trading days.
Have you profited from the rise of BTC and AI?
These past two months must have been a joyous time for most investors. AI and Bitcoin have supported the market's rise, and investors holding these two major concepts have reaped much.
Some even shared stories on WSB of turning $2k into $11k in 2 days. It is said that they bought call options for $Marathon Digital Holdings Inc(MARA)$ and $SoundHound AI Inc(SOUN)$ .
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Bitcoin-related stocks surged, rising about 20% overnight.
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@koolgal @HelenJanet @Shyon @GoodLife99 @Universe宇宙 @Aqa @HelenJanet @DiAngel @LMSunshine
PCT = Pandas Coffee Talk.
It is said: a housefly will never fly more than 5Km in 1Hour. But if she is in MRT. She will fly 50Km in 4Hours. My point is: you as a housefly must all in into the fastest train all the time. Used to be SMCI. Now me thinks it is MSTR.
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so, I managed the risk pretty well.
for crypto i paper handed at 41k. no regrets as i recovered my losses, and i don't have enough conviction in crypto's future. never hold what you don't believe in.
芯片巨頭週五勢頭放緩，SMCI回落至800美元左右。
然而，本週一，比特幣相關股票飆升，一夜之間上漲約20%。
$Marathon Digital Holdings Inc(MARA)$和$CleanSpark，Inc。(CLSK)$在週一的交易中上漲了20%以上。