Crypto stocks rebound as BTC breaks $81K; Strategy sells MSTR for $2B

Strategy's $2 billion equity sale to fund its position is the tell: the largest corporate Bitcoin holder is still monetizing its premium rather than sitting still, which keeps supply of MSTR shares in play even as the underlying rallies. BitMine's added ETH and the broader equity rebound suggest the crypto-equity complex is trading as a high-beta expression of the same regulatory optimism lifting spot prices. The open question is whether that optimism survives the cross-currents already visible elsewhere, where hedge funds are net sellers of US stocks and AI valuations are drawing bubble comparisons.