Geopolitics Alpha

Divergence in crypto stocks: Strategy (MSTR.US) holds $70 billion in assets, while BitGo's (BTGO.US) market capitalization has halved.

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Divergence in crypto stocks: Strategy (MSTR.US) holds $70 billion in assets, while BitGo's (BTGO.US) market capitalization has halved. Moomoo

Directly affected

  • CRCW Crypto

    Named in this report.

  • MSTR Strategy

    Named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust

    This price moves with the crypto market

  • COIN Coinbase

    The crypto exchange moves with trading volumes

  • MARA MARA Holdings

    Bitcoin miners move with the bitcoin price

  • RIOT Riot Platforms

    Bitcoin miners move with the bitcoin price

  • HOOD Robinhood

    Retail trading apps move with crypto volumes

  • BITX 2X BITCOIN STRATEGY ETF

    GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • NVDY YIELDMAX NVDA OPTION INCOME STRATEGY ETF

    GA selected NVDY as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • TSLY YIELDMAX TSLA OPTION INCOME STRATEGY ETF

    GA selected TSLY as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • BAMG BROOKSTONE GROWTH STOCK ETF

    GA selected BAMG as a RELATED security because its canonical security name directly matches this event's themes: stocks. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • BAMV BROOKSTONE VALUE STOCK ETF

    GA selected BAMV as a RELATED security because its canonical security name directly matches this event's themes: stocks. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CRCW———————
MSTR+6.54%-0.63%—-1.08%-1.40%-7.19%-1.98%
IBIT+4.27%+1.36%—+0.62%+1.20%-0.69%+0.06%
COIN+4.92%-0.52%—+0.56%+1.34%-3.62%+2.46%
MARA+15.85%+7.36%—-1.97%-5.49%-14.72%-13.73%
RIOT———————
HOOD+4.67%+0.45%—+0.18%+1.38%-7.28%-4.61%
BITX———————
NVDY———————
TSLY———————
BAMG———————
BAMV———————

Divergence in crypto stocks: Strategy (MSTR.US) holds $70 billion in assets, while BitGo's (BTGO.US) market capitalization has halved. Moomoo

Source: Moomoo

How far 2X Bitcoin Strategy Etf (BITX) has moved since 12 Oct 2026

Since the first closing price after “Divergence in crypto stocks: Strategy (MSTR.US) holds $70 billion in assets, while BitGo's (BTGO.US) market capitalization has halved.,” 2X Bitcoin Strategy Etf (BITX) is -3.73%. The S&P 500 fund (SPY) is -1.47% over the same days, a -2.26% difference versus the market.

CompanyWhenMoveStatus
COINthat day+0.56%final price
COINthe next day+1.34%final price
COINtwo days later-3.62%final price
COINthree days later+2.46%final price
COINthree days earlier-0.52%final price
COINfive days earlier+4.92%final price
HOODthat day+0.18%final price
HOODthe next day+1.38%final price
HOODtwo days later-7.28%final price
HOODthree days later-4.61%final price
HOODthree days earlier+0.45%final price
HOODfive days earlier+4.67%final price
IBITthat day+0.62%final price
IBITthe next day+1.20%final price
IBITtwo days later-0.69%final price
IBITthree days later+0.06%final price
IBITthree days earlier+1.36%final price
IBITfive days earlier+4.27%final price
MARAthat day-1.97%final price
MARAthe next day-5.49%final price
MARAtwo days later-14.72%final price
MARAthree days later-13.73%final price
MARAthree days earlier+7.36%final price
MARAfive days earlier+15.85%final price
MSTRthat day-1.08%final price
MSTRthe next day-1.40%final price
MSTRtwo days later-7.19%final price
MSTRthree days later-1.98%final price
MSTRthree days earlier-0.63%final price
MSTRfive days earlier+6.54%final price
BITX
SPY

Who gains and who loses around 2X Bitcoin Strategy Etf (BITX)

Companies tied to this story

  • BITX 2X Bitcoin Strategy Etf

    For “Divergence in crypto stocks: Strategy (MSTR.US) holds $70 billion in assets, while BitGo's (BTGO.US) market capitalization has halved.,” 2X Bitcoin Strategy Etf (BITX) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • NVDY Yieldmax Nvda Option Income Strategy Etf

    Yieldmax Nvda Option Income Strategy Etf (NVDY) is linked, with no stored direction, medium confidence in the 12 Oct 2026 story “Divergence in crypto stocks: Strategy (MSTR.US) holds $70 billion in assets, while BitGo's (BTGO.US) market capitalization has halved..” Reason on file: GA selected NVDY as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • TSLY Yieldmax Tsla Option Income Strategy Etf

    For “Divergence in crypto stocks: Strategy (MSTR.US) holds $70 billion in assets, while BitGo's (BTGO.US) market capitalization has halved.,” Yieldmax Tsla Option Income Strategy Etf (TSLY) is linked, with no stored direction, medium confidence. Reason on file: GA selected TSLY as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BAMG Brookstone Growth Stock Etf

    Brookstone Growth Stock Etf (BAMG) is linked, with no stored direction, medium confidence in the 12 Oct 2026 story “Divergence in crypto stocks: Strategy (MSTR.US) holds $70 billion in assets, while BitGo's (BTGO.US) market capitalization has halved..” Reason on file: GA selected BAMG as a RELATED security because its canonical security name directly matches this event's themes: stocks. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BAMV Brookstone Value Stock Etf

    Brookstone Value Stock Etf (BAMV) is linked, with no stored direction, medium confidence in the 12 Oct 2026 story “Divergence in crypto stocks: Strategy (MSTR.US) holds $70 billion in assets, while BitGo's (BTGO.US) market capitalization has halved..” Reason on file: GA selected BAMV as a RELATED security because its canonical security name directly matches this event's themes: stocks. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BCI Abrdn Bloomberg All Commodity Strategy K-1 Free Etf

    For “Divergence in crypto stocks: Strategy (MSTR.US) holds $70 billion in assets, while BitGo's (BTGO.US) market capitalization has halved.,” Abrdn Bloomberg All Commodity Strategy K-1 Free Etf (BCI) is linked, with no stored direction, medium confidence. Reason on file: GA selected BCI as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

2X Bitcoin Strategy Etf (BITX)

The 12 Oct 2026 story “Divergence in crypto stocks: Strategy (MSTR.US) holds $70 billion in assets, while BitGo's (BTGO.US) market capitalization has halved.” names 2X Bitcoin Strategy Etf (BITX) because of this story.

For 2X Bitcoin Strategy Etf (BITX), the reason on file says GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Also listed, Yieldmax Nvda Option Income Strategy Etf (NVDY): GA selected NVDY as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Price levels for 2X Bitcoin Strategy Etf (BITX)

BITX traded between 17.70 and 21.33 across 20 sessions. The latest close on file is 18.59. NVDY traded between 11.63 and 13.18 across 20 sessions. The latest close on file is 11.86. TSLY traded between 20.47 and 23.19 across 20 sessions. The latest close on file is 21.46.

How strong the case is around 2X Bitcoin Strategy Etf (BITX)

46 out of 100

“Divergence in crypto stocks: Strategy (MSTR.US) holds $70 billion in assets, while BitGo's (BTGO.US) market capitalization has halved.” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.