Yahoo Finance·2025-11-14 16:16Group 1: Bitcoin-linked Equities Performance - Bitcoin-linked equities experienced a decline as Bitcoin dropped below $100,000, trading at $96,485, down 4% [1] - Among the companies, Nakamoto Holdings (NAKA) fell the most at 6%, while Strategy (MSTR) and Strive (ASST) decreased by 4% and 2% respectively [1] Group 2: Nakamoto Holdings (NAKA) Analysis - NAKA's stock has faced significant selling pressure, with a 94% drop since July 1 and a 44% decline year-to-date as of mid-October [2] - The selloff was attributed to a $5 billion at-the-market equity offering, a $30 million investment in Metaplanet (MPTLF), and insider sales following the expiration of PIPE lock-ups [2] Group 3: Strategy (MSTR) Developments - Strategy has been recognized as a bellwether for the industry, recently receiving a B- issuer credit rating from S&P, which is expected to open new credit markets for the firm as it continues to purchase Bitcoin [3] Group 4: Strive (ASST) Capital Expansion - Strive is working to expand its capital base after completing a $149.3 million oversubscribed SATA initial public offering [4] - Despite a 76% decline over the last 6 months, Strive's stock remains up 131% year-to-date [4]