MSTR Is So Popular Because Of Bitcoin-Driven 'Hyperliquidity,' Analyst Claims
Strategy (NASDAQ: MSTR ) is exhibiting unusually high trading activity driven by Bitcoin (CRYPTO: BTC )-driven "hyperliquidity," according to Jeff Park of Bitwise Asset Management. Hyperliquidity, Not Typical Equity Behaviour In a May 6 post , Park said Strategy can handle roughly $1 billion in options notional in a single day across just a few trades. He noted that the company is becoming more transparent about potentially selling Bitcoin from its balance sheet to pursue relative-value trading opportunities. This marks a more pragmatic and flexible approach to ... Full story available on Benzinga.com