MicroStrategy Option Alert: Jan, 2027 $450 Calls at the Bid: 115 vs 1035 OI

MicroStrategy Option Alert: Jan, 2027 $450 Calls at the Bid: 115 @ $111.75 vs 1035 OI; Ref=$324.4928

MicroStrategy Option Alert: Jan 16 $250 Calls Sweep (8) near the midpoint: 182 vs 3080 OI

MicroStrategy Option Alert: Jan 16 $250 Calls Sweep (8) near the midpoint: 182 @ $133.625 vs 3080 OI; Ref=$322.96

MicroStrategy Option Alert: Fri $80 Calls at the Ask: 150 vs 835 OI

MicroStrategy Option Alert: Fri $80 Calls at the Ask: 150 @ $242.75 vs 835 OI; Ref=$322.62

MicroStrategy Option Alert: Jul 18 $400 Calls Sweep (11) below Bid!: 200 vs 959 OI

MicroStrategy Option Alert: Jul 18 $400 Calls Sweep (11) below Bid!: 200 @ $44.051 vs 959 OI; Ref=$323.2654

MicroStrategy Option Alert: Mar 21 $230 Calls Sweep (5) near the Ask: 72 vs 1320 OI

MicroStrategy Option Alert: Mar 21 $230 Calls Sweep (5) near the Ask: 72 @ $94.05 vs 1320 OI; Ref=$321.18

MicroStrategy Option Alert: Jan 16 $350 Calls Sweep (14) near the Bid: 113 vs 2195 OI

MicroStrategy Option Alert: Jan 16 $350 Calls Sweep (14) near the Bid: 113 @ $91.55 vs 2195 OI; Ref=$319.6

MicroStrategy Option Alert: Fri $215 Calls Sweep (37) near the Ask: 178 vs 1356 OI

MicroStrategy Option Alert: Fri $215 Calls Sweep (37) near the Ask: 178 @ $103.7 vs 1356 OI; Ref=$318.515

MicroStrategy Option Alert: Mar 21 $5 Calls at the Bid: 20 vs 183 OI

MicroStrategy Option Alert: Mar 21 $5 Calls at the Bid: 20 @ $316.25 vs 183 OI; Ref=$321.167

MicroStrategy Option Alert: Mar 21 $330 Puts at the Bid: 200 vs 3777 OI

MicroStrategy Option Alert: Mar 21 $330 Puts at the Bid: 200 @ $29.15 vs 3777 OI; Ref=$323.44

MicroStrategy Option Alert: Jan 16 $0.5 Calls Sweep (5) near the Ask: 20 vs 15371 OI

MicroStrategy Option Alert: Jan 16 $0.5 Calls Sweep (5) near the Ask: 20 @ $327.12 vs 15371 OI; Ref=$327.32

MicroStrategy Option Alert: Jan 16 $300 Calls Sweep (6) near the Bid: 81 vs 2554 OI

MicroStrategy Option Alert: Jan 16 $300 Calls Sweep (6) near the Bid: 81 @ $114.352 vs 2554 OI; Ref=$328.56

MicroStrategy Option Alert: Jan 16 $300 Calls Sweep (7) near the Ask: 63 vs 2554 OI

MicroStrategy Option Alert: Jan 16 $300 Calls Sweep (7) near the Ask: 63 @ $115.136 vs 2554 OI; Ref=$330.02

MicroStrategy Option Alert: Jan 16 $300 Calls Sweep (4) near the Bid: 80 vs 2554 OI

MicroStrategy Option Alert: Jan 16 $300 Calls Sweep (4) near the Bid: 80 @ $115.728 vs 2554 OI; Ref=$331.64

MicroStrategy Option Alert: Jan 16 $100 Calls Sweep (5) near the midpoint: 93 vs 5259 OI

MicroStrategy Option Alert: Jan 16 $100 Calls Sweep (5) near the midpoint: 93 @ $244.294 vs 5259 OI; Ref=$333.86

MicroStrategy Option Alert: Mar 21 $300 Puts at the Bid: 471 vs 4027 OI

MicroStrategy Option Alert: Mar 21 $300 Puts at the Bid: 471 @ $11.2 vs 4027 OI; Ref=$332.88

MicroStrategy Option Alert: Jan 16 $160 Puts at the Bid: 500 vs 1296 OI

MicroStrategy Option Alert: Jan 16 $160 Puts at the Bid: 500 @ $14.45 vs 1296 OI; Ref=$332.5825

MicroStrategy Option Alert: Jan 16 $100 Calls Sweep (5) near the Ask: 36 vs 5259 OI

MicroStrategy Option Alert: Jan 16 $100 Calls Sweep (5) near the Ask: 36 @ $245.55 vs 5259 OI; Ref=$335.0

MicroStrategy Option Alert: Jan 16 $100 Calls Sweep (3) near the midpoint: 46 vs 5259 OI

MicroStrategy Option Alert: Jan 16 $100 Calls Sweep (3) near the midpoint: 46 @ $244.561 vs 5259 OI; Ref=$334.01

MicroStrategy Option Alert: Jan 16 $400 Calls Sweep (6) near the Ask: 62 vs 2546 OI

MicroStrategy Option Alert: Jan 16 $400 Calls Sweep (6) near the Ask: 62 @ $83.25 vs 2546 OI; Ref=$332.61

MicroStrategy Option Alert: Mar 21 $350 Calls Sweep (5) near the Bid: 675 vs 2867 OI

MicroStrategy Option Alert: Mar 21 $350 Calls Sweep (5) near the Bid: 675 @ $21.75 vs 2867 OI; Ref=$334.0003

MicroStrategy Option Alert: Jan, 2027 $140 Calls at the Ask: 750 vs 772 OI

MicroStrategy Option Alert: Jan, 2027 $140 Calls at the Ask: 750 @ $238.0 vs 772 OI; Ref=$338.66

MicroStrategy Option Alert: Jan 16 $380 Calls Sweep (11) above Ask!: 200 vs 3888 OI

MicroStrategy Option Alert: Jan 16 $380 Calls Sweep (11) above Ask!: 200 @ $92.5 vs 3888 OI; Ref=$335.465

MicroStrategy Option Alert: Feb 21 $205 Calls Sweep (15) near the Ask: 154 vs 252 OI

MicroStrategy Option Alert: Feb 21 $205 Calls Sweep (15) near the Ask: 154 @ $133.811 vs 252 OI; Ref=$338.535

MicroStrategy Option Alert: Fri $225 Calls Sweep (15) near the midpoint: 154 vs 2143 OI

MicroStrategy Option Alert: Fri $225 Calls Sweep (15) near the midpoint: 154 @ $113.355 vs 2143 OI; Ref=$338.535

MicroStrategy Option Alert: Feb 21 $205 Calls Sweep (7) near the midpoint: 113 vs 252 OI

MicroStrategy Option Alert: Feb 21 $205 Calls Sweep (7) near the midpoint: 113 @ $136.039 vs 252 OI; Ref=$340.8

MicroStrategy Option Alert: Fri $205 Calls Sweep (7) near the midpoint: 113 vs 2437 OI

MicroStrategy Option Alert: Fri $205 Calls Sweep (7) near the midpoint: 113 @ $135.653 vs 2437 OI; Ref=$340.8

MicroStrategy Option Alert: Feb 28 $400 Calls Sweep (197) near the Ask: 1801 vs 2942 OI

MicroStrategy Option Alert: Feb 28 $400 Calls Sweep (197) near the Ask: 1801 @ $4.516 vs 2942 OI; Ref=$339.8

Strategy (NASDAQ:MSTR) Bolsa

Strategy

MicroStrategy

Strategy is a bitcoin treasury company and a provider of business intelligence services. It is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. The company also provide industry AI-powered enterprise analytics software.

News

Markets

$BTC

$ETH

MSTR

Strategy Inc. (NASDAQ:MSTR) ha anunciado que no ha vendido ninguna de sus acciones o comprado Bitcoin (CRYPTO: BTC) adicional en la semana del 24 de febrero al 2 de marzo de 2025.

Strategy (MSTR) mantiene su inversión en Bitcoin y anuncia dividendo trimestral

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Equities

$ADA

$SOL

$XRP

En la sesión de negociación previa a la apertura de mercado del lunes, las acciones de Strategy Inc. (NASDAQ:MSTR) subieron un 12,6 % tras el repunte de Bitcoin (CRYPTO: BTC), que fue provocado por el anuncio del presidente

Acciones de Strategy (MSTR) se disparan tras el anuncio de Trump sobre criptomonedas

Movers

Trading Ideas

$DOGE

$MKR

$QNT

NVDA

TSLA

Las principales criptomonedas recuperaron algunas de sus pérdidas el martes tras el desplome matutino, aunque el mercado cayó en modo de “Miedo Extremo”.

Bitcoin cae a su nivel más bajo desde noviembre: ¿Se avecina una corrección hasta los 80.000 dólares?

MicroStrategy Incorporated - Class A Common Stock

Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) has announced that it has not sold any shares or bought additional Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) in the week from Feb. 24 to March 2, 2025. The company has also declared a quarterly cash dividend on its preferred stock.
What Happened: According to an SEC filing dated March 3, Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) and its subsidiaries currently hold around 499,096 Bitcoins, which were bought for a total of about $33.1 billion. This averages to roughly $66,357 per Bitcoin, including fees and expenses.
The company announced a quarterly cash dividend for its 8.00% Series A perpetual preferred stock, trading under the ticker symbol STRK on The Nasdaq Global Select Market. The dividend, nearly $1.24 per share, will be paid on March 31, to shareholders who are recorded as of the close of business on March 15.
Furthermore, Michael Saylor, co-founder and executive chairman of Strategy, predicted during an interview with CNBC on Monday that the market cap of Bitcoin would surge to $200 trillion. &#8220;Right now we're about $2 trillion in Bitcoin. It's going to $20 trillion, then it's going to $200 trillion, then it's growing 20% a year. And that capital is coming from overseas. It's coming from China, from Russia, from Europe, from Africa, from Asia,&#8221; stated Saylor.
SEE ALSO: <a href="https://www.benzinga.com/tech/25/03/44099748/tim-cook-says-theres-something-in-the-air-new-macbook-air-or-a-surprise-product-launch-on-the-cards">Tim Cook Says &#8216;There&#8217;s Something In The Air&#8217; — New MacBook Air Or A Surprise Product Launch On The Cards?</a>
Why It Matters: On Monday, Strategy&#8217;s shares saw a 12.6% rise <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44073346/mstr-stock-up-nearly-13-in-monday-pre-market-whats-going-on">in the pre-market </a>trading session, following a surge in Bitcoin&#8217;s value. This surge was triggered by President Donald Trump&#8216;s announcement of a U.S. strategic cryptocurrency reserve, wherein the President declared his preference for Bitcoin and Ethereum. The stock also surged after Saylor announced in a post on X that the company&#8217;s Bitcoin investments generated $2.6 billion in profits during the first two months of 2025.
Saylor hailed Trump&#8217;s plan as "a more liberal economic policy," and emphasized that a well-organized digital asset policy would foster economic growth and encourage innovation. 
Despite the pre-market rise, the stock ended 1.77% lower to close at 250.92 on Monday, as per <a href="https://www.benzinga.com/pro/">BenzingaPro</a>. 
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/markets/equities/25/03/44079509/preparing-for-worse-doesnt-mean-dumping-stocks-investing-wisdom-from-market-guru-sam-ro">&#8220;Preparing For Worse Doesn&#8217;t Mean Dumping Stocks&#8221;: Investing Wisdom From Market Guru Sam Ro</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

MSTR Retains Bitcoin, Declares Preferred Dividend As Michael Saylor Predicts $200 Trillion Market Cap For Bitcoin

Strategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) Executive Chairman Michael Saylor, whose company recently reported a $2.6 billion Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) gain this year, expressed strong support for <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44075328/eric-trump-says-timing-of-strategic-bitcoin-xrp-cardano-reserve-announcement-was-a-win-for-retail-investors">President Trump&#8217;s proposed strategic crypto reserve</a> in a CNBC exclusive interview, framing it as potentially &#8220;the greatest economic program of the 21st century.&#8221;
Saylor, who has met with numerous government officials including &#8220;senators on the Democratic and Republican side, a few members of cabinet, a few members of the administration,&#8221; wasn&#8217;t surprised by Trump&#8217;s inclusion of smaller cryptocurrencies alongside Bitcoin in the proposed reserve. 
&#8220;There&#8217;s no way to interpret this other than this is bullish for Bitcoin and is bullish for the entire U.S. crypto industry,&#8221; he <a href="https://x.com/thepowerfulHRV/status/1896616077091910036">stated</a> on Monday on CNBC.
The tech executive outlined his vision of a comprehensive digital asset framework involving four distinct categories: 
<ul>
<li>Digital commodities like Bitcoin</li>
<li>Digital currencies like stablecoins</li>
<li>Digital securities for tokenizing Wall Street</li>
<li>Digital tokens backed by utility</li>
</ul>
He emphasized that Bitcoin specifically &#8220;is not competing with the dollar&#8221; but rather with &#8220;international real estate, global equities, expensive money managers on Wall Street, and any long range investment.&#8221;
When questioned about <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43889897/bitcoin-strategic-reserve-with-1-million-btc-could-offset-21-trillion-national-debt">potential volatility risks for government holdings</a>, Saylor countered that &#8220;nobody&#8217;s ever lost money in the Bitcoin network holding four years.&#8221; 
He compared potential Bitcoin acquisitions to historical territorial purchases: &#8220;We bought Manhattan for 60 guilders. It was a good trade. We bought Alaska for 6 million bucks. It was a good trade.&#8221;
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44080002/crypto-czar-david-sacks-confirms-selling-all-bitcoin-ethereum-solana-holdings-denies-large-indirect-holdings">Crypto Czar David Sacks Confirms Selling All Bitcoin, Ethereum, Solana Holdings, Denies &#8216;Large Indirect Holdings&#8217;</a>
What&#8217;s Next: Saylor projected massive growth for Bitcoin, stating it would expand from &#8220;$2 trillion&#8221; to &#8220;$20 trillion&#8221; and eventually &#8220;$200 trillion,&#8221; growing at &#8220;20% a year.&#8221; 
He argued that if the United States &#8220;takes a position in the emerging crypto economy&#8221; by acquiring &#8220;10, 20% of the Bitcoin network, we&#8217;re going to pay off the national debt.&#8221;
While acknowledging that specific funding decisions are &#8220;above my pay grade,&#8221; Saylor expressed confidence that the administration&#8217;s working group would develop appropriate implementation plans by the July 22 deadline for the <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43477333/crypto-czar-sacks-says-potential-bitcoin-reserve-to-be-one-of-crypto-committees-first-priorities">digital assets framework recommendations</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44069015/bitcoin-is-digital-gold-but-whats-the-rationale-for-an-xrp-reserve-asks-peter-schiff-cardano-founder-charles-hoskinson-says-trump-made-the-right-decision">Bitcoin Is Digital Gold But &#8216;What&#8217;s The Rationale For An XRP Reserve&#8217;, Asks Peter Schiff: Cardano Founder Charles Hoskinson Says Trump Made The Right Decision</a></li>
</ul>
Image: Shutterstock

Strategy's Michael Saylor Calls Crypto Reserve 'Bullish for Bitcoin', Predicts $100 Trillion Opportunity

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/07/25</td>
<td>$120.00</td>
<td>$34.3K</td>
<td>13.9K</td>
<td>62.9K</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/07/25</td>
<td>$240.00</td>
<td>$88.6K</td>
<td>14.8K</td>
<td>19.9K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>03/07/25</td>
<td>$265.00</td>
<td>$28.9K</td>
<td>8.8K</td>
<td>12.7K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$25.00</td>
<td>$58.5K</td>
<td>72.0K</td>
<td>11.7K</td>
</tr>
<tr>
<td>TSM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$200.00</td>
<td>$145.0K</td>
<td>15.6K</td>
<td>9.1K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/07/25</td>
<td>$91.00</td>
<td>$75.1K</td>
<td>3.5K</td>
<td>8.7K</td>
</tr>
<tr>
<td>SMCI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$50.00</td>
<td>$27.3K</td>
<td>7.1K</td>
<td>1.1K</td>
</tr>
<tr>
<td>ENPH</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$40.00</td>
<td>$320.1K</td>
<td>457</td>
<td>1.1K</td>
</tr>
<tr>
<td>APP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/07/25</td>
<td>$390.00</td>
<td>$58.3K</td>
<td>360</td>
<td>1.0K</td>
</tr>
<tr>
<td>NICE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$155.00</td>
<td>$75.8K</td>
<td>1.3K</td>
<td>650</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on March 7, 2025. Parties traded 130 contract(s) at a $120.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $34.3K, with a price of $264.0 per contract. There were 13965 open contracts at this strike prior to today, and today 62991 contract(s) were bought and sold. 
• Regarding AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on March 7, 2025. Parties traded 474 contract(s) at a $240.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $88.6K, with a price of $187.0 per contract. There were 14894 open contracts at this strike prior to today, and today 19972 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a call option sweep with neutral sentiment. It expires in 4 day(s) on March 7, 2025. Parties traded 20 contract(s) at a $265.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $28.9K, with a price of $1445.0 per contract. There were 8882 open contracts at this strike prior to today, and today 12732 contract(s) were bought and sold. 
• Regarding INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we observe a call option sweep with bearish sentiment. It expires in 18 day(s) on March 21, 2025. Parties traded 500 contract(s) at a $25.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $58.5K, with a price of $117.0 per contract. There were 72066 open contracts at this strike prior to today, and today 11748 contract(s) were bought and sold. 
• Regarding TSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), we observe a call option trade with bullish sentiment. It expires in 18 day(s) on March 21, 2025. Parties traded 1295 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $145.0K, with a price of $112.0 per contract. There were 15678 open contracts at this strike prior to today, and today 9149 contract(s) were bought and sold. 
• For PLTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on March 7, 2025. This event was a transfer of 273 contract(s) at a $91.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $75.1K, with a price of $275.0 per contract. There were 3591 open contracts at this strike prior to today, and today 8722 contract(s) were bought and sold. 
• Regarding SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we observe a put option trade with bullish sentiment. It expires in 109 day(s) on June 20, 2025. Parties traded 18 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $27.3K, with a price of $1520.0 per contract. There were 7118 open contracts at this strike prior to today, and today 1191 contract(s) were bought and sold. 
• Regarding ENPH (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>), we observe a put option trade with bullish sentiment. It expires in 165 day(s) on August 15, 2025. Parties traded 1100 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $320.1K, with a price of $291.0 per contract. There were 457 open contracts at this strike prior to today, and today 1125 contract(s) were bought and sold. 
• For APP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on March 7, 2025. This event was a transfer of 106 contract(s) at a $390.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $58.3K, with a price of $550.0 per contract. There were 360 open contracts at this strike prior to today, and today 1082 contract(s) were bought and sold. 
• For NICE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NICE#NASDAQ">NICE</a>), we notice a put option trade that happens to be bearish, expiring in 18 day(s) on March 21, 2025. This event was a transfer of 48 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $75.8K, with a price of $1580.0 per contract. There were 1310 open contracts at this strike prior to today, and today 650 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AAPL

ENPH

INTC

NICE

PLTR

SMCI

10 Information Technology Stocks With Whale Alerts In Today's Session

Investors with a lot of money to spend have taken a bearish stance on Strategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with MSTR, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://www.benzinga.com/pro/">Benzinga</a>'s options scanner spotted 159 uncommon options trades for Strategy.
This isn't normal.
The overall sentiment of these big-money traders is split between 31% bullish and 49%, bearish.
Out of all of the special options we uncovered, 43 are puts, for a total amount of $2,343,028, and 116 are calls, for a total amount of $11,314,528.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $200.0 to $1000.0 for Strategy over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
In today's trading context, the average open interest for options of Strategy stands at 3120.07, with a total volume reaching 375,707.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Strategy, situated within the strike price corridor from $200.0 to $1000.0, throughout the last 30 days.
<h3>Strategy Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1741018552_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/07/25</td>
<td>$8.25</td>
<td>$8.15</td>
<td>$8.25</td>
<td>$275.00</td>
<td>$218.2K</td>
<td>19.8K</td>
<td>12.8K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>03/07/25</td>
<td>$8.05</td>
<td>$7.7</td>
<td>$7.9</td>
<td>$275.00</td>
<td>$212.5K</td>
<td>19.8K</td>
<td>15.9K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/28/25</td>
<td>$15.65</td>
<td>$15.15</td>
<td>$15.51</td>
<td>$300.00</td>
<td>$210.0K</td>
<td>722</td>
<td>769</td>
</tr>
<tr>
<td>MSTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$16.7</td>
<td>$16.3</td>
<td>$16.42</td>
<td>$250.00</td>
<td>$207.1K</td>
<td>11.6K</td>
<td>2.6K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$115.0</td>
<td>$114.0</td>
<td>$114.0</td>
<td>$200.00</td>
<td>$193.8K</td>
<td>1.5K</td>
<td>154</td>
</tr>
</tbody>
</table>

<h3>About Strategy</h3>
Strategy is a bitcoin treasury company and a provider of business intelligence services. It is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. The company also provide industry AI-powered enterprise analytics software.
Having examined the options trading patterns of Strategy, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of Strategy</h3>
<ul>
<li>With a volume of 15,370,911, the price of MSTR is up 1.71% at $259.81. </li>
<li>RSI indicators hint that the underlying stock may be approaching oversold.</li>
<li>Next earnings are expected to be released in 56 days.</li>
</ul>
<h3>Professional Analyst Ratings for Strategy</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $501.8.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; An analyst from Maxim Group has decided to maintain their Buy rating on Strategy, which currently sits at a price target of $500. 
&#x2A; An analyst from Canaccord Genuity has decided to maintain their Buy rating on Strategy, which currently sits at a price target of $409. 
&#x2A; An analyst from Barclays persists with their Overweight rating on Strategy, maintaining a target price of $421. 
&#x2A; An analyst from Cantor Fitzgerald has decided to maintain their Overweight rating on Strategy, which currently sits at a price target of $619. 
&#x2A; An analyst from Keefe, Bruyette &amp; Woods has revised its rating downward to Outperform, adjusting the price target to $560. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Strategy options trades with real-time alerts from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.

This Is What Whales Are Betting On Strategy

<ul>
<li>TSLA</li>
<li>NVDA</li>
<li>MSTR</li>
<li>WAR</li>
<li>EGGS</li>
<li>$BTC</li>
<li>ASTS</li>
<li>LUNR</li>
<li>HOOD</li>
<li>AMD</li>
</ul>
Data from <a href="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment">https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment</a>
&nbsp;

ASTS

Tidal Trust III NestYield Total Return Guard ETF

EGGS

HOOD

LUNR

Top 10 Trending Stocks On WallStreetBets As Of March 3, 2025 (Via Swaggy Stocks)

Analysts at Bernstein have raised concerns that expanding the proposed U.S. Crypto Strategic Reserve to include blockchain assets beyond Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) using Federal Reserve or Treasury funds faces significant hurdles, despite a bullish market response to President Donald Trump's <a href="https://www.benzinga.com/25/03/44068814/bitcoin-ethereum-dogecoin-rally-on-trumps-strategic-crypto-reserve-announcement-cardano-xrp-solana-skyrocket-analyst-says-btcs-new-ath-possible-later-in-the-month">weekend announcement</a>.
The reserve, unveiled ahead of Trump's Crypto Summit scheduled for Friday, includes five digital assets—Bitcoin, Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>), Ripple (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>), and Cardano (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ada/usd">ADA</a>)—sparking debate over its feasibility and funding. 
While Bitcoin's inclusion aligns with its &#8220;digital gold&#8221; narrative, the rationale for other assets remains murky, Bernstein noted.
Also Read: <a href="https://www.benzinga.com/25/03/44072895/trading-agents-lead-ai-web3-future-says-galxe-co-founder-charles-wayn">Trading Agents Lead AI-Web3 Future, Says Galxe Co-Founder Charles Wayn</a>
The announcement triggered a sharp market rally. Bitcoin climbed above $94,000 (up 12%), while Ethereum gained 15%. Meanwhile, Solana, XRP, and Cardano surged 25%, 30%, and 70%, respectively, from last week's lows.
Yet, Bernstein analysts argue that justifying federal purchases of non-Bitcoin assets is a tough sell. 
"We think a realistic path could be that the U.S. government can convince Congress that Bitcoin is the new digital gold/global store of value and a gold revaluation/gold reserve reallocation makes sense. However, buying other blockchain assets from Fed funds or treasury funds is a difficult sell," they wrote in the report.
The analysts outlined three unresolved questions surrounding the reserve: allocation across assets, funding mechanisms, and legal authority. 
On allocation, they suggest market capitalization could guide weights—Bitcoin at 75%, Ethereum at 11% and Solana at 4%. Or, perhaps, a dedicated committee could decide and split the rest among others
Funding, however, poses a deeper challenge. Proposals include reallocating gold reserves, issuing Treasury debt, adjusting the Fed's balance sheet, or partnering with institutional asset managers. 
Critics highlight a contradiction with the DOGE program's spending cuts, questioning the diversion of resources to crypto investments.
Legally, the reserve's creation is uncertain. "It is not clear if the strategic reserve can be created merely by President's executive order. If the Fed balance sheet is involved, it would require a specific bill to be passed by the Congress," the analysts stated.
They doubt the Treasury could act independently without Fed involvement. That further complicates the inclusion of assets like ETH and SOL, which support blockchain ecosystems but lack Bitcoin's reserve-asset clarity.
Despite these challenges, the crypto industry welcomes the sentiment shift. 
The SEC's recent withdrawal of enforcement actions against firms like Coinbase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) and Binance signals regulatory softening, while Bernstein predicts the reserve could push rival nations and banks to embrace crypto innovation. 
MicroStrategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), holding nearly 500,000 BTC ($47 billion), stands to gain, with its stock potentially buoyed by enhanced capital market access.
Geoffrey Kendrick of Standard Chartered, in a note sent to Benzinga, said that the timing of the announcement is interesting. February was the worst month for Bitcoin since June 2022. That&#8217;s a pretty bad look for the new pro-crypto administration. However, the weekend was the best weekend since January 2021.
&#8220;That combination (worst month in 2.5 years, best weekend in 4 years) looks to me like the first solid data point of a Trump put for crypto (ala Fed put for stocks). This is important because it means markets can remove the fat left-hand side tail from their implied distribution of outcomes,&#8221; he said.
&#8220;And removing bad outcomes after a week which saw $3bn in liquidations of long positions on exchanges and $2.5bn of ETF selling is probably enough to mean markets can now edge higher,&#8221; he added.
It also gives a states a chance to progress their own BTC reserve plans. These will take time but seem likely to end up with the states owning as much Bitcoin as the federal government currently does — approximately 200,000 Bitcoin.
&#8220;And perhaps a bridge to a place where other sovereigns join Abu Dhabi in buying BTC as well. We have moved from selling rallies to buying dips. And hence I re-focus on my $500k BTC target,&#8221; Kendrick said.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/03/44072215/blockchain-to-redefine-global-markets-in-a-decade-says-pyth-director">Blockchain To Redefine Global Markets In A Decade, Says Pyth Director</a></li>
</ul>
Image: Shutterstock

COIN

Analysts Doubt US Crypto Reserve Expansion Beyond Bitcoin, Cite Funding Challenges

Strategy's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NYSE">MSTR</a>) short percent of float has fallen 7.74% since its last report. The company recently reported that it has 22.92 million shares sold short, which is 9.54% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.84 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Strategy Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1741007728_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Strategy has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Strategy's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Strategy's peer group average for short interest as a percentage of float is 2.65%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

What's Driving the Market Sentiment Around Strategy?

MicroStrategy Announces That, During The Period Between February 24, 2025 And March 2, 2025, The Company Did Not Sell Any Shares Of Class A Common Stock Under Its At-The-Market Equity Offering Program, And Did Not Purchase Any Bitcoin

MSTR: 13% &#x7C; <a href="https://www.benzinga.com//node/44073945">Shares of Bitcoin miners and crypto-linked songs are trading higher following President Donald Trump's announcement of a US strategic cryptocurrency reserve.</a>
&nbsp;
FTRE: -11% &#x7C; <a href="https://www.benzinga.com//node/44073202">Fortrea shares are trading lower after the company reported worse-than-expected Q4 FY24 financial results and 2025 guidance.</a>
&nbsp;
ACON: 129% &#x7C; <a href="https://www.benzinga.com//node/44072022">Aclarion Signs Commercial Deal with Scripps Health to Expand Nociscan for Spine Care</a>

ACON

FTRE

Market-Moving News for March 3rd

In the pre-market trading session on Monday, the shares of Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) climbed 12.6% following the surge in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>). This rally was triggered by President Donald Trump&#8217;s announcement of a U.S. strategic cryptocurrency reserve.
What Happened: Strategy Inc., a major corporate Bitcoin holder witnessed an increase in share price after the <a href="https://www.benzinga.com/25/03/44068814/bitcoin-ethereum-dogecoin-rally-on-trumps-strategic-crypto-reserve-announcement-cardano-xrp-solana-skyrocket-analyst-says-btcs-new-ath-possible-later-in-the-mon">cryptocurrency rebounded</a> from its dip below $80,000 on Friday, soaring beyond $95,000 on Sunday. Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) also witnessed significant gains, rising above $2,500, following a 31% drop in February.
The announcement of a strategic cryptocurrency reserve by Trump, made via his Truth social account, spurred this rally. Initially, the post referenced XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>), Cardano (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ada/usd">ADA</a>), and Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>), leading to a surge in their prices. Later, Trump declared that Bitcoin and Ethereum would play a key role in the reserve, emphasizing his preference for these two assets.
Additionally, MSTR stock also climbed in today&#8217;s pre-market trading as Michael Saylor, co-founder and Executive Chairman of Strategy announced through a post on X that the company's Bitcoin investments yielded profits of $2.6 billion in the first two months of 2025.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="596" height="420" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/03064410/image-10.png" alt="" class="wp-image-805862" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/03064410/image-10.png 596w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/03064410/image-10-300x211.png 300w" sizes="(max-width: 596px) 100vw, 596px" /></figure>
SEE ALSO: <a href="https://www.benzinga.com/personal-finance/25/03/44065932/mark-cuban-was-asked-how-hed-invest-100k-his-answer-buy-bulk-toothpaste-and-soup-for-the-best-guaranteed-return-on-investment">Mark Cuban Was Asked How He&#8217;d Invest $100K — His Answer? Buy Bulk Toothpaste And Soup For The &#8216;Best Guaranteed Return On Investment&#8217;</a>
Why It Matters: For the past few sessions, MSTR had been on a decline following the downturn in Bitcoin prices amid tariff woes. However, the surge in the cryptocurrency underpinned the stock&#8217;s growth today. 
Chris Kline, COO and Co-Founder of BitcoinIRA, told Benzinga that<a href="https://www.benzinga.com/25/03/44068814/bitcoin-ethereum-dogecoin-rally-on-trumps-strategic-crypto-reserve-announcement-cardano-xrp-solana-skyrocket-analyst-says-btcs-new-ath-possible-later-in-the-month"> Trump&#8217;s announcement</a> could &#8220;fuel cryptocurrency prices overall headed into spring.&#8221; He predicted that Bitcoin could soon reach $100,000 again and possibly hit new all-time highs later this month if the positive momentum continues. Additionally, market strategist Tom Lee had expressed optimism about Bitcoin&#8217;s long-term prospects. In a <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44070486/bitcoin-will-surge-in-value-and-adoption-in-long-term-says-tom-lee-while-casting-doubt-on-near-term-performance-im-not-really-bearish-on-it-but">RiskReversal Podcast</a>, he stated that he expected the trust around Bitcoin to grow over the next five years.
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44069015/bitcoin-is-digital-gold-but-whats-the-rationale-for-an-xrp-reserve-asks-peter-schiff-cardano-founder-charles-hoskinson-says-trump-made-the-right-decision">Bitcoin Is Digital Gold But &#8216;What&#8217;s The Rationale For An XRP Reserve&#8217;, Asks Peter Schiff: Cardano Founder Charles Hoskinson Says Trump Made The Right Decision</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

MSTR Stock Up Nearly 13% In Monday Pre-Market: What's Going On?

These twelve large-cap stocks were the worst performers in the last week. Are they in your portfolio?
<ol>
<li>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) shares dipped 26.06% on continued volatility following the company's quarterly report filing with the U.S. <a href="https://www.benzinga.com//node/44046734" target="_blank" rel="noreferrer noopener">Securities and Exchange Commission</a>.</li>
<li>AppLovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) shares dropped 21.57% following<a href="https://www.benzinga.com//node/43981217" target="_blank" rel="noreferrer noopener"> multiple short reports on the stock</a>.</li>
<li>Maplebear Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CART#NASDAQ">CART</a>) stock dipped 21.53% after it reported worse-than-expected fourth-quarter revenue and analysts revised<a href="https://www.benzinga.com//node/43985818" target="_blank" rel="noreferrer noopener"> the price forecast</a>.</li>
<li>NetApp, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTAP#NASDAQ">NTAP</a>) stock plummeted 19.81%  after the company reported worse-than-expected third-quarter sales results and issued fourth-quarter and FY25 <a href="https://www.benzinga.com//node/44024261" target="_blank" rel="noreferrer noopener">adjusted EPS guidance below estimates</a>.</li>
<li>Pure Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSTG#NYSE">PSTG</a>) stock declined 19.36% after the company issued FY26 <a href="https://www.benzinga.com//node/43989517" target="_blank" rel="noreferrer noopener">revenue guidance lagging estimates</a>. Analysts revised the<a href="https://www.benzinga.com/quote/pstg/analyst-ratings" target="_blank" rel="noreferrer noopener"> price forecast on the stock</a>.</li>
<li>Duolingo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUOL#NASDAQ">DUOL</a>) stock fell 19.02% after it reported mixed fourth-quarter results, and <a href="https://www.benzinga.com//node/44047945" target="_blank" rel="noreferrer noopener">analysts revised the price forecast</a>.</li>
<li>Viatris Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VTRS#NASDAQ">VTRS</a>) shares decreased 17.96% after the company reported fourth-quarter EPS and sales below estimates and issued FY25 revenue <a href="https://www.benzinga.com//node/44019622" target="_blank" rel="noreferrer noopener">and EPS guidance below estimates</a>. B of A Securities analyst Jason Gerberry maintained an Underperform and lowered the <a href="https://www.benzinga.com/quote/vtrs/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast from $11 to $10</a>.</li>
<li>Sempra (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRE#NYSE">SRE</a>) stock fell 17.83% after the company reported fourth-<a href="https://www.benzinga.com//node/43950388" target="_blank" rel="noreferrer noopener">quarter results and cut its outlook</a>. Several analysts revised the <a href="https://www.benzinga.com//node/43984834" target="_blank" rel="noreferrer noopener">stock's price forecast</a>.</li>
<li>Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) shares tumbled 16.21% amid possible continued weakness following last week's report suggesting the Trump administration ordered t<a href="https://www.benzinga.com//node/44032909" target="_blank" rel="noreferrer noopener">he Pentagon to plan for budget cuts</a>.</li>
<li>Trip.com Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCOM#NASDAQ">TCOM</a>) shares declined 15.43% after it reported<a href="https://www.benzinga.com//node/43940680" target="_blank" rel="noreferrer noopener"> fourth-quarter financial results</a>.</li>
<li>MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) stock dipped 14.77% <a href="https://www.benzinga.com//node/44037042" target="_blank" rel="noreferrer noopener">following a decline</a> in Bitcoin's (CRYPTO: BTC).</li>
<li>Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) stock lost 13.27% last week after the company saw <a href="https://www.benzinga.com//node/43934934" target="_blank" rel="noreferrer noopener">a drop in new car registrations</a> in January in the European Union. It was the <a href="https://www.benzinga.com//node/44043021" target="_blank" rel="noreferrer noopener">only magnificent seven stock in freefall</a>.</li>
</ol>
Photo via Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/02/44067124/xpeng-li-auto-and-anheuser-busch-inbev-are-among-top-11-large-cap-gainers-last-week-feb-24-feb-28-are-the-others-in-your-portfolio" target="_blank" rel="noreferrer noopener">Xpeng, Li Auto And Nutanix Are Among Top 12 Large-Cap Gainers Last Week (Feb 24-Feb 28): Are The Others In Your Portfolio?</a></li>
</ul>

Large Cap

CART

DUOL

NTAP

PSTG

TCOM

VTRS

Tesla, Palantir And MicroStrategy Are Among Top 12 Large-Cap Losers Last Week (Feb 24-Feb 28): Are The Others In Your Portfolio?

Analyst Ratings

On CNBC, Kevin Simpson Announced Sold MicroStrategy; Bought More Salesforce

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is down 14% over the past seven days, prompting experts to debate about the role receding liquidity is playing <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43945957/liquidity-is-disappearing-bitcoins-downturn-spells-doom-for-altcoins-analyst-warns">in this correction</a>.
What Happened: In a detailed thread on <a href="https://x.com/BobEUnlimited/status/1895068518137372754">X</a> on Thursday, UnlimitedFnds Chief Investment Officer Bob Elliott pointed out that the post-election crypto rally is fading, with many assets completing full round trips from their highs. 
Bitcoin has dropped 20% from its post-election peak, mirroring weakness across crypto markets.
Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) and Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) have erased their post-election gains, signaling broader market-wide risk aversion.
Crypto-related equities, including Strategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), have fully reversed their recent gains.
Even speculative assets are struggling—meme coin Fartcoin (CRYPTO: FARTCOIN) lost momentum, while Trump-themed cryptocurrencies have cooled off from their highs.
Also Read: <a href="https://in.benzinga.com/markets/cryptocurrency/25/02/44041389/bitcoin-will-still-hit-500000-before-trump-leaves-office-standard-chartered-analyst-maintains">Bitcoin Will Still Hit $500,000 Before Trump Leaves Office, Standard Chartered Analyst Maintains</a>
Why It Matters: Elliott sees crypto's downturn as an early warning sign of broader liquidity withdrawal. 
Historically, crypto benefits first from excess liquidity, making it a leading indicator for risk assets. 
The current downturn suggests liquidity conditions are tightening ahead of 2025, potentially leading to broader financial strain.
If liquidity continues to tighten, stock markets—currently near all-time highs—could face increased downside risk as easy money disappears. 
What's Next: CryptoQuant CEO Ki Young Ju <a href="https://x.com/ki_young_ju/status/1895349895252582622">noted</a> high spot volume at $100,000, but Bitcoin now faces a liquidity test. Without fresh inflows, BTC could consolidate in the $75,000-$100,000 range until a major catalyst spark renewed demand.
Read Next:
<ul>
<li><a href="https://in.benzinga.com/markets/cryptocurrency/25/02/44048486/bitcoins-24-correction-mostly-technical-say-experts">Bitcoin&#8217;s 24% Correction &#8216;Mostly Technical&#8217; Say Experts</a></li>
</ul>
Image: Shutterstock

The Real Reason Why Bitcoin Is Down 14% In 7 Days (And May Go Down More)

Strategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) executive chairman Michael Saylor jokedly advocated for a high-risk strategy to keep Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) investments in light of the <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/44041389/bitcoin-will-still-hit-500000-before-trump-leaves-office-standard-chartered-analyst-maintains">recent market downturn</a>.
What Happened: In an <a href="https://x.com/saylor/status/1895325810942411234">X</a> post on Friday, Saylor wrote "Sell a kidney if you must but keep the Bitcoin." 
His statement comes on the heels of Bitcoin dropping 18.2% in the past seven days.
Saylor recently also <a href="https://x.com/saylor/status/1894386938381271163">joked</a> about taking a second job to buy more BTC, while in February, he <a href="https://x.com/saylor/status/1886046076316041641">stated</a>: &#8220;Never sell your Bitcoin—buying strengthens the network, selling weakens it.&#8221;
In a post on X on Feb. 17, Saylor outlined his "21 Rules of Bitcoin," stating: "Those who understand buy Bitcoin, those who don't criticize it."
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">21 Rules of ₿itcoin 1. Those who understand buy Bitcoin. 2. Those who don't, criticize Bitcoin. 3. Everyone is against Bitcoin before they are for it. 4. You will never be done learning about Bitcoin. 5. Bitcoin is powered by chaos. 6. Bitcoin is the only game in the casino…
&mdash; Michael Saylor&#x26a1;&#xFE0F; (@saylor) <a href="https://twitter.com/saylor/status/1891492169409593715?ref_src=twsrc%5Etfw">February 17, 2025</a></blockquote>
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Also Read: <a href="https://in.benzinga.com/markets/cryptocurrency/25/02/44033154/jamie-dimon-was-a-believer-in-smart-contract-cryptos-long-before-jpmorgan-started-piling-on-ethereum-etfs-heres-what-he-said">Jamie Dimon Was A Believer In Smart Contract Cryptos Long Before JPMorgan Hit The Buy Button On Ethereum ETFs: Here&#8217;s What The CEO Said</a>
Why It Matters: Macro analyst, Jim Bianco reminded readers on <a href="https://x.com/biancoresearch/status/1895373637219471494">X</a> on Friday that Strategy is down 28% since Michael Saylor appeared on the cover of Forbes one month ago. 
MSTR's long-term trajectory remains tied to Bitcoin but concerns over potential rate hikes could be impacting high-growth and speculative stocks.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/44016927/bitcoin-drops-below-85000-what-does-technical-analysis-say">Bitcoin Drops Below $85,000: What Does Technical Analysis Say?</a></li>
</ul>
Image: Shutterstock

Michael Saylor Says 'Sell A Kidney, But Keep The Bitcoin', But MSTR Is Down 28% Since He Appeared On The Cover Of Forbes

<ul>
<li>NVDA</li>
<li>TSLA</li>
<li>CORN</li>
<li>LUNR</li>
<li>MSTR</li>
<li>$BTC</li>
<li>PLTR</li>
<li>AMD</li>
<li>SMCI</li>
<li>RKLB</li>
</ul>
Data from <a href="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment">https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment</a>
&nbsp;

CORN

RKLB

Top 10 Trending Stocks On WallStreetBets As Of February 28, 2025 (Via Swaggy Stocks)

In Friday&#8217;s pre-market trading, Strategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) saw a 3.18% dip in its stock, following a 7% decrease in Bitcoin&#8216;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) value over the past day, according to <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43936143/mstr-stock-falls-over-5-in-tuesday-pre-market-whats-going-on">Benzinga Pro</a>.
What Happened: The shares of Strategy, which recently&nbsp;added nearly $2 billion worth&nbsp;of Bitcoin to its portfolio, fell during today&#8217;s pre-market session after Bitcoin declined 7% over the past 24 hours and nearly 20% over the past seven days. The cryptocurrency slipped below $80,000, marking nearly a 25% fall from its all-time high. 
Despite the company&#8217;s aggressive Bitcoin accumulation strategy significantly boosting its stock market capitalization, critics question the long-term viability of this approach. Peter Schiff, a prominent economist and market commentator, criticized the company&#8217;s debt-fueled bitcoin purchases, pointing out the company&#8217;s declining share price and the shrinking Net Asset Value premium.
SEE ALSO: <a href="https://www.benzinga.com/government/regulations/25/02/44006332/nvidia-faces-new-ai-chip-challenge-as-huawei-gains-ground-in-china-despite-us-sanctions">Nvidia Faces New AI Chip Challenge As Huawei Gains Ground In China Despite US Sanctions</a>
Why It Matters: Bitcoin&#8217;s recent decline has sparked debates among traders about the end of the bull market. Crypto chart analyst Ali Martinez noted that <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/44016927/bitcoin-drops-below-85000-what-does-technical-analysis-say">Bitcoin has entered</a> oversold conditions for the first time since August 2024, a period followed by a 33% rebound. This sparks concern for Strategy, which has a Bitcoin holding worth nearly $ 43 billion, making it a major corporate holder of the cryptocurrency.
Strategy stock plunged nearly 50% from its all-time high of $473.83 on Nov. 21. On Monday, Barclays lowered their target price on MSTR from $515.00 to $421.00 and set an &#8220;overweight&#8221; rating on the stock.
Last week, Strategy's co-founder Michael Saylor met with the SEC's Crypto Task Force to discuss potential regulatory reforms while protecting crypto holders&#8217;&nbsp;rights. He also presented his&nbsp;strategic Bitcoin reserve plan to&nbsp;the SEC, aiming to generate&nbsp;between $16 billion to $81&nbsp;trillion in wealth for the&nbsp;U.S. Treasury. 
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/trading-ideas/movers/25/02/44031605/bitcoin-ethereum-lose-dogecoin-gains-amid-trumps-tariff-war-moves-has-btc-hit-a-bottom-yet">Bitcoin, Ethereum Lose, Dogecoin Gains Amid Trump&#8217;s Tariff War Moves: Has BTC Hit A Bottom Yet?</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

MSTR Stock Falls Over 3% In Friday Pre-Market: What's Going On?

Editor&#8217;s Note: The headline in this story has been updated to correct a spelling error.
Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) co-founder Michael Saylor said Thursday that he met House Financial Services Committee Chair Rep. French Hill (R-AR) and discussed plans to make the U.S. the global leader in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>).
What happened: In an X post, Saylor revealed he interacted with committee members on Tuesday. The discussion centered around digital assets and the potential for the U.S. to become a global leader in Bitcoin and cryptocurrency.&nbsp;
Saylor said he also presented his &#8216;Digital Assets Framework&#8217; during the meeting, a strategy aimed at integrating digital assets into the U.S. economy.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">On Tuesday, I had the opportunity to meet with the House Financial Services Committee and <a href="https://twitter.com/RepFrenchHill?ref_src=twsrc%5Etfw">@RepFrenchHill</a> to discuss digital assets and how we can make the U.S. the global leader in Bitcoin and crypto. The Digital Assets Framework I presented during the meeting is attached below. <a href="https://t.co/S9l79CphUX">https://t.co/S9l79CphUX</a>
&mdash; Michael Saylor&#x26a1;&#xFE0F; (@saylor) <a href="https://twitter.com/saylor/status/1895134008675311626?ref_src=twsrc%5Etfw">February 27, 2025</a></blockquote>
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Saylor's comments were in response to an earlier post by committee member Rep. Dan Meuser (R-Pa.), who revealed having an "informative" discussion with Saylor about Bitcoin's value and the need for a digital assets framework.
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43996312/sec-closes-investigation-against-crypto-exchange-gemini-says-cameron-winklevoss-another-milestone-to-the-end-of-the-war-on-crypto">SEC Closes Investigation Against Crypto Exchange Gemini, Says Cameron Winklevoss: &#8216;Another Milestone To The End Of The War On Crypto&#8217;</a>
Why It Matters: Saylor proposed the &#8216;Digital Assets Framework&#8217;&nbsp; to the <a href="https://www.benzinga.com/top-stories/25/01/43110946/sec-launches-crypto-task-force-to-establish-clear-regulatory-framework">SEC Crypto Task Force</a>—a dedicated unit aiming to develop a clear and comprehensive regulatory framework for cryptocurrencies in the U.S.
Saylor, a well-known Bitcoin bull who has guided his firm Strategy toward a Bitcoin-oriented approach, has grown increasingly close to the Donald Trump administration. He met the <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43078515/michael-saylor-meets-trumps-cabinet-at-crypto-ball-what-does-the-bitcoin-bulls-cryptic-post-indicate">entire cabinet</a> at a so-called &#8220;Crypto Ball&#8221; last month.
Strategy has spearheaded Bitcoin's corporate adoption, accumulating a stockpile of 499,096 BTC, worth over $40 billion, <a href="https://bitcointreasuries.net/">according</a> to bitcointreasuries.net. However, critics like Peter Schiff have<a href="https://www.benzinga.com/25/02/43931332/peter-schiff-questions-michael-saylor-led-strategys-leverage-bitcoin-play-amid-share-price-decline-massive-dilution-has-destroyed-shareholder-value"> pointed out the decline</a> in the company's stock amid the ongoing cryptocurrency meltdown.
Price Action: At the time of writing, Bitcoin was exchanging hands at $81,883.63, down 3.70% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Shares of MicroStrategy were up 1.22% in after-hours trading, after closing 8.82% lower at $240.05 during Thursday's trading session. Year-to-date, the stock has plunged over 17%.
Image via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/movers/25/02/43997635/bitcoin-spin-off-litecoin-ethereum-killer-avalanche-weather-crypto-meltdown-heres-why-ltc-avax-are-spiking">Bitcoin Spin-Off Litecoin, &#8216;Ethereum Killer&#8217; Avalanche Weather Crypto Meltdown, Here&#8217;s Why LTC, AVAX Are Spiking</a></li>
</ul>

Politics

Michael Saylor Presents 'Digital Assets Framework' To House Committee, Pitches For US Supremacy In Bitcoin, Crypto (UPDATED)

Economist and Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) critic Peter Schiff claims that President Donald Trump played a role in the crypto king&#8217;s rally past $100,000, suggesting it was a reward to his <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43950389/eric-trump-says-buy-the-dips-but-bitcoin-may-test-80000-first-analysts-warn">supporters in crypto</a>.
What Happened: In am <a href="https://x.com/PeterSchiff/status/1894746323317846304">X</a> post on Wednesday, Schiff stated that Trump sees his role in boosting Bitcoin's price as a form of &#8220;repayment&#8221; to his supporters in the crypto space. 
The implication is that Trump's policies, rhetoric, or broader economic impact contributed to Bitcoin surpassing $100,000.
The supporters who owned Bitcoin and backed Trump had a chance to capitalize on the price spike by selling at or above $100,000.
Schiff reminded traders how Trump took credit by tweeting "<a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42339670/youre-welcomedonald-trump-congratulates-bitcoins-100000-milestone-as-el-salvadors-president-nayib-bukele-takes-victory-lap">you're welcome</a>" positioning himself as a key factor in Bitcoin's rally.
He also adds that some people did not sell at the peak and lost out on higher profits, it's framed as their fault, not Trump's.
Also Read: <a href="https://in.benzinga.com/markets/cryptocurrency/25/02/43971058/bitcoin-languishes-below-88000-as-spot-etfs-see-1-billion-outflows-on-tuesday">Bitcoin Languishes Below $88,000 As Spot ETFs See $1 Billion Outflows On Tuesday</a>
What's Next: In a follow-up post, Schiff predicted that Bitcoin has a high chance of falling back to the $50,000 to $60,000 range, which aligns with MicroStrategy's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) average BTC acquisition cost.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">It looks like there is a high probability that at a minimum Bitcoin drops back into the $50K &#8211; 60K range, just below MSTR&#39;s average cost. Why is there so much complacency? <a href="https://t.co/edztoFGbTv">pic.twitter.com/edztoFGbTv</a>
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1894784421078675715?ref_src=twsrc%5Etfw">February 26, 2025</a></blockquote>
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Schiff also <a href="https://x.com/PeterSchiff/status/1894544155893764263">criticized </a>Trump's proposal for a $5 million "Golden Visa", joking that selling 7 million passports would be enough to wipe out the U.S. national debt.
Read Next:
<ul>
<li><a href="https://in.benzinga.com/markets/cryptocurrency/25/02/43979519/man-who-lost-775-million-bitcoin-hard-drive-faces-new-setback-recovery-chances-are-1-in-902-million-waste-expert-claims">Man Who Lost $775 Million Bitcoin Hard Drive Faces New Setback: Recovery Chances Are 1 In 902 Million, Waste Expert Claims</a></li>
</ul>
Image: Shutterstock

Peter Schiff: Bitcoin's Rally To $100,000 Is 'Repayment' By Trump To Crypto Supporters, But $50,000 May Be On The Cards

Leading cryptocurrencies pared some of their losses Tuesday from the morning crash even as the market slipped into "Extreme Fear" mode.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-3.84%</td>
<td>$88,102.58</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-0.65%</td>
<td>$2,472.27</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-0.14%</td>
<td>$0.2093</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin tanked to an intraday low of $86,008.23, its lowest since Nov. 12, before recovering to the early $88,000s as traders bought the dip. The leading cryptocurrency was down 13.43% in February, headed toward its worst February since 2014.&nbsp;
Ethereum also recovered from its dramatic drop to $2,339 earlier this morning, climbing beyond $2,500 by the evening. Month-to-date, the second-largest cryptocurrency has lost over 24%.
Nearly $1.07 billion was liquidated from the cryptocurrency market in the last 24 hours, with bullish bets accounting for over $873 million.
Bitcoin's Open Interest dropped by 5.06% in the last 24 hours, with short positions rising vis-à-vis long positions.
The market went into the "Extreme Fear" zone,&nbsp; according to the Crypto Fear and Greed Index, a sign that investors were too worried.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:30 p.m. ET)</td>
</tr>
<tr>
<td>Story (IP)</td>
<td>+21.69%</td>
<td>$5.70</td>
</tr>
<tr>
<td>Quant (QNT)</td>
<td>+15.42%</td>
<td>$99.86</td>
</tr>
<tr>
<td>Maker (MKR)</td>
<td>+12.81%</td>
<td>$1,621.34</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization stood at $2.91 trillion, contracting 2.49% in the last 24 hours.
Blue-chip stocks cracked for the second straight day of the week. The S&amp;P 500 slid 0.47% to close at 5,955.25 The tech-heavy Nasdaq Composite fell 1.35%, ending at 19,026.39 The Dow Jones Industrial Average was the silver lining, gaining 0.37% to close at 43,621.16.
The tech decline was led by Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) which tanked 8.39% during the session. Bitcoin-related stocks like Strategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) bled over 11%.
The market was jittery as President Donald Trump reaffirmed earlier this week that tariffs on imports from Canada and Mexico <a href="https://www.benzinga.com/news/global/25/02/43926015/trump-confirms-tariffs-on-canada-mexico-will-take-effect-as-planned">would take effect as planned</a>, sparking fears of a full-blown trade war.
Investors will shift their focus <a href="https://in.benzinga.com/25/02/43948627/nvidia-stock-quite-cheap-ahead-of-q4-earnings-analyst-says-growth-story-is-intact">to the earnings report</a> of artificial intelligence darling Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), which is slated for Wednesday after the market closes.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Arthur Azizov, CEO of cryptocurrency payment company B2BINPAY, told Benzinga that Bitcoin was currently in a strong reversal zone.
"If we close below $89,233 and start trading beneath this level, the outlook becomes less favorable, as there is a possibility of further decline. On the other hand, if Bitcoin is bought back throughout the day, merely sweeping liquidity and leaving another wick, we could see further upward movement," Azizov projected.
Popular cryptocurrency analyst and trader Ali Martinez highlighted that Bitcoin broke out of its rangebound price action that has persisted since November. The downside breakout could trigger a price correction to $80,000.&nbsp;
"So, it may not be wise to buy the dip yet," Martinez cautioned investors.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Is it time to buy the dip? <a href="https://t.co/ptOkDiNHAf">pic.twitter.com/ptOkDiNHAf</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1894410778775617903?ref_src=twsrc%5Etfw">February 25, 2025</a></blockquote>
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Photo by Igor Faun on Shutterstock
Read Next:    
<ul>
<li><a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/02/43955914/market-could-enter-a-real-correction-expert-warns">Market Could Enter A &#8216;Real Correction,&#8217; Expert Warns, Highlights 2 &#8216;Recession-Resistant&#8217; Companies</a></li>
</ul>

Bitcoin, Ethereum, Dogecoin Pare Losses Even As 'Extreme Fear' Prevails: Top Analyst Has This To Say About Buying The Dip

Bernstein analysts on Tuesday suggested that Bitcoin&#8216;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) correction presents an attractive entry point for long-term investors, particularly if <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43934933/bitcoin-plunges-below-88000-what-is-going-on">prices dip below $80,000</a>.
What Happened: The report coincides with a public endorsement from Eric Trump, who <a href="https://x.com/EricTrump/status/1894371171736408116">tweeted </a>&#8220;Buy the dips!!!&#8221; as Bitcoin experienced market volatility.
The cryptocurrency market suffered a sharp sell-off over the past 24 hours, wiping out <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43937601/bitcoin-down-7-ethereum-xrp-dogecoin-shiba-inu-plunge-over-10-as-148-billion-liquidation-tsunami-hits">$1.48 billion in liquidations</a> as Bitcoin dropped to $87,000.
Bitcoin is currently trading around $86,950, down 8.5% on the day, while Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) has declined 9% to trade around $2,370.
Major altcoins are also experiencing significant losses, with Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) and Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) seeing steep drops. XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>) is down 10% on the day.
Bernstein&#8217;s analysis acknowledges that Bitcoin is down 15% in the last 30 days and has broken below the $90,000 support level. 
What Analysts Are Saying: Analysts attribute the correction to several factors, including a recent <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43886224/bybit-founder-confirms-1-4-billion-ethereum-hack-blames-masked-transaction">$1.5 billion hack</a> of Bybit, reality checks for meme coins following controversies, and broader macroeconomic concerns driving risk-off sentiment in equity markets.
Despite these short-term headwinds, Bernstein emphasizes that &#8220;we don&#8217;t believe anything fundamental has broken in our structural view of the current Bitcoin cycle.&#8221; 
They believe Bitcoin is yet to reach its cycle high, which they project to be &#8220;closer to the $200,000 mark over next 12 months.&#8221;
Bernstein highlights Bitcoin&#8217;s alternating role as a high-beta US tech equity trade and a gold alternative depending on shorter-term market dynamics, however their long-term outlook continues to view the asset class a &#8220;burgeoning &#8216;digital gold&#8217; asset class, driven by accelerating institutional &amp; sovereign demand.&#8221;
The report suggests that technicals provide a way to estimate local lows, however Bernstein suggests they think it as temporary, "without altering our view of the longer-term Bitcoin bull cycle.&#8221; 
"Since Bitcoin has broken the $90,000 floor, the market may attempt to test the All-time high break out around the mid $70,000 mark post the US election results in Nov. Regardless, we believe, Bitcoin in the near term, will follow the equity risk-on sentiment,&#8221; the analysts note.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43923960/citadel-securities-moves-into-crypto-market-making-following-trumps-crypto-friendly-regulation-push">Citadel Securities Moves Into Crypto Market-Making Following Trump&#8217;s Crypto-Friendly Regulation Push</a>
Bernstein also says further Bitcoin action may occur if the White House Crypto task force provides further bullish announcements regarding a <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43889897/bitcoin-strategic-reserve-with-1-million-btc-could-offset-21-trillion-national-debt">U.S. Bitcoin reserve</a>.
&#8220;We believe, price levels below $80,000 (if sentiment continues to weaken), would offer a compelling risk-reward for investors looking to position for the next 12-18 months towards new cycle-highs,&#8221; they stated.
The analysts noted that, if the current risk-off sentiment continues longer, there may be a &#8220;few months/weeks delay in Bitcoin&#8217;s march towards our $200,000 target,&#8221; but the overall bullish view remains unchanged given expected acceleration in institutional and corporate treasury inflows.
Bernstein also provides a list of ratings on multiple companies involved in the digital asset space, including MicroStrategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) with an outperform rating and a price target of $600, and Robinhood Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) with an outperform rating and a price target of $105.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43922379/trump-meme-coin-was-a-gut-punch-bitmex-research-says">Trump Meme Coin Was &#8216;A Gut Punch&#8217;, BitMex Research Says</a></li>
</ul>
Image: Shutterstock

Eric Trump Says 'Buy The Dips', But Bitcoin May Test $80,000 First, Analysts Warn

Press Releases

MicroStrategy is Now Strategy

Strategy Announces Fourth Quarter 2024 Financial Results; Holds 471,107 BTC

BTCS Offers Investors Ethereum Exposure And Triple-Digit Revenue Growth

Companies Hoard Bitcoin to Boost Share Prices

Crypto Stocks Rally as Bitcoin Hovers Near $100K

Strategy Eyes S&P 500 Inclusion As Bitcoin Continues To Rise

Strategy Announces Proposed Private Offering of $2.0 Billion of Convertible Senior Notes

Strategy Announces Pricing of Offering of $2.0 Billion of Convertible Senior Notes

Strategy Completes $2 Billion Offering of 0% Convertible Senior Notes Due 2030

Citadel Securities Ventures into Cryptocurrency Market-Making

BTCS

MARA

RIOT

Adobe

Autodesk

Ansys

Applovin Corporation - Class A Common Stock

AppLovin

Aspen Technology

Cadence Design Systems, Inc. - Common Stock

Cadence Design Systems

Salesforce

Datadog

DocuSign

Dynatrace

Fair Isaac

Guidewire Software

HubSpot

Intuit

Samsara

Nutanix

Palantir Technologies Inc. - Class A Common Stock

Palantir Technologies

Roper Techs

Synopsys

Atlassian Corporation - Class A Common Stock

Atlassian

Tyler Technologies

Workday

Zoom Communications, Inc. - Class A Common Stock

Zoom Communications

Barclays

Keefe, Bruyette & Woods

Maxim Group

Cantor Fitzgerald

Canaccord Genuity

Screenshot 2025-02-05 at 6.41.04 PM

Screenshot 2024-10-11 at 5.33.57 PM

ETFs

ETF Opportunities Trust T-Rex 2X Long MSTR Daily Target ETF

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BENZINGA GLOBAL

Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
03:53 PMFeb 20, 2025	CALL	$450.00	Jan 15, 2027	681	111	115	11	1035	TRADE	BEARISH
02:30 PMFeb 20, 2025	CALL	$250.00	Jan 16, 2026	317	2235	182	73	3080	SWEEP	NEUTRAL
01:55 PMFeb 20, 2025	CALL	$80.00	Feb 21, 2025	-12	0	150	0	835	TRADE	BULLISH
01:38 PMFeb 20, 2025	CALL	$400.00	Jul 18, 2025	135	280	200	29	959	SWEEP	BEARISH
01:10 PMFeb 20, 2025	CALL	$230.00	Mar 21, 2025	16	98	72	7	1320	SWEEP	BULLISH
10:17 AMFeb 20, 2025	CALL	$350.00	Jan 16, 2026	317	176	113	8	2195	SWEEP	BEARISH
03:59 PMFeb 19, 2025	CALL	$215.00	Feb 21, 2025	-12	916	178	68	1356	SWEEP	BULLISH
03:08 PMFeb 19, 2025	CALL	$5.00	Mar 21, 2025	16	70	20	38	183	TRADE	NEUTRAL
01:50 PMFeb 19, 2025	PUT	$330.00	Mar 21, 2025	16	806	200	21	3777	TRADE	NEUTRAL
01:17 PMFeb 19, 2025	CALL	$0.50	Jan 16, 2026	317	141	20	1	15371	SWEEP	BULLISH
01:09 PMFeb 19, 2025	CALL	$300.00	Jan 16, 2026	317	237	81	9	2554	SWEEP	BEARISH
01:03 PMFeb 19, 2025	CALL	$300.00	Jan 16, 2026	317	177	63	7	2554	SWEEP	BULLISH
12:47 PMFeb 19, 2025	CALL	$300.00	Jan 16, 2026	317	90	80	4	2554	SWEEP	BEARISH
11:18 AMFeb 19, 2025	CALL	$100.00	Jan 16, 2026	317	682	93	13	5259	SWEEP	NEUTRAL
11:13 AMFeb 19, 2025	PUT	$300.00	Mar 21, 2025	16	121	471	3	4027	TRADE	BULLISH
10:57 AMFeb 19, 2025	PUT	$160.00	Jan 16, 2026	317	0	500	0	1296	TRADE	NEUTRAL
10:06 AMFeb 19, 2025	CALL	$100.00	Jan 16, 2026	317	482	36	9	5259	SWEEP	BULLISH
10:04 AMFeb 19, 2025	CALL	$100.00	Jan 16, 2026	317	96	46	2	5259	SWEEP	NEUTRAL
03:34 PMFeb 18, 2025	CALL	$400.00	Jan 16, 2026	317	1354	62	53	2546	SWEEP	BULLISH
02:51 PMFeb 18, 2025	CALL	$350.00	Mar 21, 2025	16	1522	675	53	2867	SWEEP	BEARISH
11:02 AMFeb 18, 2025	CALL	$140.00	Jan 15, 2027	681	0	750	0	772	TRADE	BULLISH
09:32 AMFeb 18, 2025	CALL	$380.00	Jan 16, 2026	317	0	200	0	3888	SWEEP	BULLISH
03:05 PMFeb 14, 2025	CALL	$205.00	Feb 21, 2025	-12	1640	154	651	252	SWEEP	BULLISH
03:05 PMFeb 14, 2025	CALL	$225.00	Feb 14, 2025	-19	903	154	42	2143	SWEEP	NEUTRAL
01:33 PMFeb 14, 2025	CALL	$205.00	Feb 21, 2025	-12	248	113	98	252	SWEEP	NEUTRAL
01:33 PMFeb 14, 2025	CALL	$205.00	Feb 14, 2025	-19	248	113	10	2437	SWEEP	NEUTRAL
01:06 PMFeb 14, 2025	CALL	$400.00	Feb 28, 2025	-5	6921	1801	235	2942	SWEEP	BULLISH