Daily Observation of Cryptocurrency Concept Stocks: MSTR Acquires 11,000 BTC, Strive and Sony Reshape "Coin-Based" Treasury Sovereignty

1. Ten Thousand Coins Ambush: MicroStrategy's Acquisition of 11,931 BTC

MicroStrategy (NASDAQ: $MSTR) confirmed the market's predictions in an 8-K filing submitted yesterday. Utilizing the $820 million raised through STRC (perpetual preferred stock) last week, the company completed the purchase of 11,931 BTC in one go yesterday, officially crossing the milestone of 750,000 coins in total holdings.

This operation once again validates the power of MSTR's "capital arbitrage machine": during market turbulence, it massively absorbs digitally scarce assets using credit funds with fixed costs. This has once again boosted MSTR's "BTC earnings per share," further widening the capital efficiency gap between it and ordinary index funds.

2. Valuation Benchmarking: Strive Introduces BTC Yield into Quarterly Guidance

Yesterday, Strive, Inc. (Nasdaq: $ASST) announced in a strategic meeting that it will officially incorporate "Bitcoin Yield" as a core financial metric into the company's quarterly performance guidance.

This move signifies that publicly listed companies are attempting to establish an evaluation system independent of dollar EPS (earnings per share). Strive demonstrated its 14.2% annual target yield yesterday through its holdings of MSTR's preferred stock and its own acquisition premium. For Wall Street, Strive is evolving from a "holding company" into a "digital asset bank," with its valuation logic being completely restructured.

3. Ecological Feedback: Sony Launches "Staking Yield to Buy Back Stock" Model

Japanese giant Sony (TSE: $6758) announced a plan yesterday that refreshed market perceptions: the company intends to use the ETH staking yield generated by its Soneium network to directly buy back Sony stock in the open market.

This "using coins to support stocks" model directly transmits the productivity of on-chain native assets to the secondary market. Sony's announcement yesterday marks that top multinational corporations are no longer satisfied with merely defending against inflation but are beginning to use the intrinsic yields of crypto assets to directly enhance shareholder returns.

Consensus Shifts from "Buy" to "Standardized"

In summary of yesterday's market dynamics, global coin stocks have moved beyond the primitive stage of "how much to buy." MSTR's credit expansion, Strive's standardized guidance, and Sony's yield buyback all point to a trend: publicly listed companies are treating Bitcoin/Ethereum as the "fundamental accounting currency" of their financial base.

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Data source: https://bbx.com/ Cryptocurrency concept stock information database, compiled based on yesterday's announcements from global publicly listed companies and SEC/TSE disclosure documents.