Strive Stock Rises as Bitcoin's Rally Lifts Its $1.8 Billion Treasury
Strive shares are trading higher Friday alongside Bitcoin, which is trading around $86,309.22, up 2.81% over the past 24 hours.
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S3 Partners names three crypto related stocks seeing high short interest that could be short squeeze candidates if Bitcoin keeps going up in price.
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Strive shares are trading higher Friday alongside Bitcoin, which is trading around $86,309.22, up 2.81% over the past 24 hours.
Bitcoin, Ethereum and XRP rise as bullish derivatives bets build and Fed rate-hike odds fall before the US jobs report.
Michael Saylor says Bitcoin treasury firms like Strategy and Strive are allies targeting a $318 trillion global market.
The U.S. added just 29,000 jobs in September vs. 90,000 expected. Unemployment rose to 4.2% and wage growth came in below the 3.2% forecast.
Stephen Coltman, Head of Macro at 21Shares, said the Federal Reserve may tolerate elevated inflation over the long run to maintain stability of government bond markets, putting currency debasement and Bitcoin back in the spotlight.
U.S. stock futures advanced on Friday, as the Dow Jones, S&P 500 and Nasdaq 100 indices rose, following Thursday's higher close.