Investment bank B. Riley initiates coverage on Strategy (MSTR) and Strive (ASST), both with a buy rating, with target prices of $175 and $12 respectively. Due to the decline in Bitcoin prices affecting market capitalization, both companies' stock prices are below their net asset value, but analysts believe their preferred stock yields are attractive and could drive growth in digital credit financing.

On March 6th, the US stock market closed with the Dow Jones Industrial Average down 1.61%, the S&P 500 down 0.56%, and the Nasdaq down 0.26%. The crypto sector generally weakened, with many cryptocurrencies declining, only Circle bucked the trend and rose 0.45%. msx.com is a decentralized RWA trading platform that lists hundreds of RWA tokens.

BlockBeats News, March 5th, U.S. stocks opened lower, with the Dow down 0.74%, the S&P 500 down 0.47%, and the Nasdaq down 0.44%. In the cryptocurrency concept stocks sector, MSTR fell 0.81%; COIN rose 0.63%, CRCL increased 2.52%; SBET dropped 1.72%; BMNR declined 0.38%.

ChainCatcher news, the wealth management company Northern Trust with an asset size of $1.4 trillion has increased its holdings of Strategy MSTR to 11,629,000 tokens, bringing its total holdings to 1.58 million tokens, valued at $210.4 million.

Pre-market US stocks with crypto concepts performed variably, with BMNR and SBET slightly up, while MSTR, CRCL, and COIN declined. Additionally, msx.com, a decentralized RWA trading platform, has launched various US stock and ETF tokens.

BlockBeats News, February 28 — According to the Hong Kong Economic Daily, Hong Kong-listed company Coolpad Group disclosed that it has spent approximately HKD 38.89 million (USD 4.98 million) to purchase 39,000 shares of Strategy, while also selling 390 MSTR shares and writing call options, collecting a premium of USD 51,210. The related call options expire on March 6, with a strike price of USD 150, which is 15.8% higher than MSTR's Friday closing price of USD 129.50.

ChainCatcher News: France-based asset management company Amundi, with a market capitalization of $2.8 trillion, disclosed that it has purchased 3.77 million shares of MSTR, holding a total of 4.79 million shares of MSTR valued at $641 million. The company has increased its MSTR holdings by 373%.

U.S. stock futures and crypto concept stocks generally rose, with ABTC experiencing the largest increase of 7.14%. Overall, BMNR and SBET also saw gains, while MSTR, BLSH, and TRON declined slightly. msx.com is a decentralized RWA trading platform.

ChainCatcher News: According to the Bank of Canada, it sold 1.04 million MSTR shares with a transaction value of approximately $128 million. It currently holds 1 million shares valued at about $123 million.

U.S. stock futures and crypto concept stocks generally declined before the market open, with COIN, MSTR, SBET, BMNR, and DFDV falling by 1.54%, 1.64%, 1.53%, 2.14%, and 1.88% respectively. msx.com is a decentralized RWA trading platform.