BTC UP
Bitcoin Reclaims $80K — Why Did MSTR Surge 11.5% in a Single Day?
Bitcoin +2.96% to $81,370 Thursday; Strategy +11.54% — about four times the coin's move, which is what its capital structure is built to do, in both directions. Read that against Saylor telling shareholders to "be prepared for several difficult years," a notable line from the most committed bull in the asset. Tonight Warsh speaks at a Jackson Hole framed around payments and digital assets, likely the most direct policy language on crypto in a while. Risk assets still take their cue from the long end, and crypto is first to be cut when rates rise. MSTR, spot coin, or wait for tonight?
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