Sell Equity, Buy Crypto: Has Bitcoin and Strategy Reached the Bottom?
Strategy recently acquired 6,911 bitcoins for $584 million during the latest downturn, bringing its total bitcoin holdings to over 500,000. Strategy's stock surged 10% yesterday. The U.S. Bitcoin Spot ETF has seen net inflows for six consecutive days, while the U.S. Ethereum ETF set a record for the longest streak of daily outflows. Has Bitcoin bottomed out? Do you see MSTR continuing its rebound?