Morning Minute: Strategy Chooses Cash, STRC Over BTC

Decrypt·

Morning Minute: Strategy Chooses Cash, STRC Over BTC

60-second summary

Strategy is choosing cash over Bitcoin, with a significant allocation shift, while crypto broadly falls following a decline in memory stock prices, down 5% in the past 24 hours. Coinbase is leveraging the power of memes with a new feature, and the Fomo app has set a new all-time high, fueling concerns about market sentiment.

Plus crypto broadly falls following memory stock slide, Coinbase leans into memes with new feature, and the Fomo app sets a new ATH.