Strategy (MSTR) wasn't doing much in the crypto market last week, although surging bitcoin prices might've been the ideal time to capitalize on its stockpile of some 840,447 coins valued at around $66 billion at recent prices. Instead, Strategy sold more of its common stock, which got a boost alongside bitcoin last week, for about $2 billion.

Bitcoin has turned higher after Strategy disclosed that it didn't sell any for a second straight week. The cryptocurrency was rising 1.3% toward a sixth straight gain, and the highest close since May 15.

BlackRock and other firms are making it easier for large crypto holders to swap Bitcoin for ETF shares, boosting adoption

Bitcoin briefly jumped above $80,000 today for the first time since May, as the Trump administration’s efforts to hold down long-term interest rates reignite talk of a “dollar debasement trade.” The biggest crypto exchange-traded fund,

Bitcoin gained roughly 24% this week while the broader crypto market grew by less, a mismatch that shows up clearly in Bitcoin's rising share of the total crypto market.

Bitcoin reached over $80,000 for the first time since January. Bitcoin soared past $81,000 for the first time since January on Monday before dropping slightly. The recent moves have market observers asking if the debasement trade is back.

Bitcoin briefly cracked $80,000 for the first time in months, sending crypto mining stocks surging well past the broader digital infrastructure pack, but not every miner is rallying for the same reason.

Crypto-linked equities are outrunning the coins in Tuesday morning trade. The CoinShares Bitcoin Mining and Digital Power ETF (NASDAQ:WGMI) is up 4% to $46.55, while the iShares Bitcoin Trust ETF (NASDAQ:IBIT) is up 0.

Call-option volume on BlackRock’s iShares Bitcoin Trust (IBIT) hit a record 1.58 million contracts, according to Goldman Sachs data shared by The Kobeissi Letter. IBIT