Happy Monday!

Strategy continues to slam Bitcoin buys, but its crucial BTC Yield metric has turned negative — should you be concerned?

JPMorgan is entering the tokenization race with its first $100M money market fund on Ethereum. How will BlackRock and Goldman Sachs react?

Plus, see how experienced traders use Benzinga Pro’s newest upgrades to spot high quality setups earlier and with more confidence. This walkthrough shows how the new Overview Chart, Scanner GPT, and Options Chains work together in real time to surface opportunities most traders miss.

If you want a faster, more structured way to find trades in any market, check out Benzinga Pro.

TOP STORY

Strategy Buys $980M In Bitcoin But One Crucial MSTR Metric Turned Red

Strategy scooped up another $980 million in Bitcoin, but the math has officially turned against them.

For the first time in years, the company’s "BTC Yield" flipped negative — meaning aggressive dilution is now shrinking the amount of Bitcoin held per share.

With the stock rejecting resistance at $195 and premiums collapsing, the leverage trade is showing serious cracks.

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See how experienced traders use Benzinga Pro’s newest upgrades to spot high quality setups earlier and with more confidence. This walkthrough shows how the new Overview Chart, Scanner GPT, and Options Chains work together in real time to surface opportunities most traders miss.

If you want a faster, more structured way to find trades in any market, check out Benzinga Pro.

QUICK N DIRTY

Bitcoin, Ethereum, Dogecoin, XRP are trying to hold crucial levels ahead of another potentially volatile week: here’s what’s driving markets today.

Visa is upping its stablecoin game by advising banks with execution and strategy: here’s all about the new advisory the firm launched today.

Cathie Wood over the weekend elaborated on ARK’s portfolio for 2026: BTC leads the crypto side and TSLA is getting tactically trimmed.

FINTECH FOCUS

JPMorgan To Rival BlackRock, Goldman Sachs With $100M Tokenized Money Market Fund

JPMorgan Chase today escalated the on-chain arms race, launching a $100 million tokenized money-market fund on Ethereum to rival BlackRock.

Dubbed "MONY," the fund allows subscriptions via USDC, signaling that Wall Street is getting serious about blockchain liquidity.

With shares holding near record highs, could this crypto pivot be the catalyst for a breakout?

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