MSTR Is So Popular Because Of Bitcoin-Driven ‘Hyperliquidity,’ Analyst Claims

Strategy (NASDAQ:MSTR) is exhibiting unusually high trading activity driven by Bitcoin (CRYPTO: BTC)-driven “hyperliquidity,” according to Jeff Park of Bitwise Asset Management.

Hyperliquidity, Not Typical Equity Behaviour

In a May 6 post, Park said Strategy can handle roughly $1 billion in options notional in a single day across just a few trades.

He noted that the company is becoming more transparent about potentially selling Bitcoin from its balance sheet to pursue relative-value trading opportunities.

This marks a more pragmatic and flexible approach to …

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