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Barry, OppHub America Desk · · Source: yahoo-tickers-tape-movers

Strive Jumps 5% After CEO Declares Bitcoin Bear Market Over

If cryptocurrency sentiment shifts, investors may monitor digital asset-related equities for potential upside. However, a broader market pullback alongside crypto weakness could pressure these names.

Based on reporting from yahoo-tickers-tape-movers.

Strive surged 5% as CEO Matt Cole declared the Bitcoin bear market concluded, a sentiment echoed by Strategy and Bitmine which also saw gains. This optimistic outlook for digital assets comes despite a broader market mix with the S&P 500 down 0.20% and the Nasdaq 100 off 1.00%. Investors are watching for sustained upward momentum in cryptocurrencies to repair balances for digital asset holders.

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Strive Jumps 5% After CEO Declares Bitcoin Bear Market Over
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Strive jumped 5% as Chief Executive Officer Matt Cole announced his conviction that the Bitcoin bear market has ended. The declaration coincided with gains for Strategy and Bitmine Immersion Technologies, each rising 3%. Bitcoin itself saw a 2% increase over 24 hours. The broader market showed mixed signals, with the S&P 500 down 0.20% and the Nasdaq 100 declining 1.00%. The CoinShares Bitcoin Mining and Digital Power ETF, however, slid 2% and has fallen 20% over the past month.

Cole's assertion followed Bitcoin's simultaneous breakout against both the U.S. dollar and gold. Strive, a significant holder of Bitcoin, is positioned to benefit from a sustained increase in digital asset prices. The company's shares had already climbed 48% in the preceding week. Separately, Strategy disclosed raising over $2 billion by selling shares without liquidating any of its Bitcoin holdings, with a substantial portion allocated to a new unrestricted cash account.

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Snapshot date: August 24, 2026 at 11:00 AM ET

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Story → money map

crypto sentiment recovery

Crypto-related stocks went up because a company chief said the bad times for Bitcoin are finished. People who invest are watching to see if digital money keeps rising or if the wider stock market pulls it back down.

What changed

Strive CEO declared the Bitcoin bear market over, sparking a rally in crypto-linked equities despite a down day for major stock indices.

Who wins / who loses

Crypto-holding corporations and miners benefit from rising digital asset prices, while broader tech indices face downward pressure.

Time horizon

Think in terms of the next few weeks.

Confidence & best fit

medium confidence · Active trader

Quick glossary: Watch = track, don’t buy yet · Build slowly = only if it fits your plan · Protect = reduce risk · ETF = a basket of stocks (often safer than one company)
Safer theme exposure (ETFs)

Baskets that own the theme without betting on one company.

  • $BITO An easy basket that tracks the price of Bitcoin instead of buying individual company stocks.

    Chart →

  • $WGMI A fund holding multiple companies that mine Bitcoin, helping spread out your risk.
Single stocks (higher risk)

Primary = closest to the story · Peers = same industry · Second-order = knock-on effects · Avoid = looks related but may be a trap

Primary

  • $MSTRWatch — track, don’t rush

    A company that owns a huge amount of Bitcoin and tends to move up or down right along with it.

    View $MSTR chart → · End-of-day delayed data

Peer

  • $BMNRWatch — track, don’t rush

    A smaller digital asset-related company that also saw its stock price rise with the positive news.

    View $BMNR chart → · End-of-day delayed data

Second-order

  • $COINWatch — track, don’t rush

    The biggest crypto trading platform in the US, which usually makes more money when people get excited about crypto.

    View $COIN chart → · End-of-day delayed data

Options (education only)

No strikes or expiries — a framework for how traders might express the view. Options can expire worthless.

Beginners should skip options here because crypto stocks bounce around too wildly and you can lose money very fast.

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Income / OppHub America angle

Not a trade tip — ways to use the insight outside the market.

  • Review personal risk tolerance regarding high-volatility digital assets versus steady equity index funds.
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What would break this thesis
  • A sharp reversal in Bitcoin prices below recent breakout levels.
  • Widespread macroeconomic sell-offs dragging down high-beta growth stocks.
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Important

Not financial advice. OppHub America playbooks are educational market maps only — not recommendations to buy, sell, or hold any security. Markets move fast; information can be wrong or outdated. Trade and invest at your own risk. Do your own research or consult a licensed advisor.

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Based on reporting from yahoo-tickers-tape-movers.

Informational and educational only — not investment, financial, or legal advice. Disclosure

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