Strive and Strategy shares rally as bitcoin climbs to $84,807

Shares of Strive and Strategy advanced Wednesday as bitcoin hit its highest price in two weeks. Both of the treasury stocks are proxies for the coin. Bitcoin was up more than 2% near $84,500 and hit $84,807 in New York afternoon trade, its best level since October 7. Strategy (Nasdaq: MSTR) closed up more than 7% at $153.48, and Strive (Nasdaq: ASST) jumped more than 13% to $30.75. ASST closes higher for a third straight session Wednesday’s gains prolonged a streak. Strategy gained almost 5% Tuesday, and Strive climbed almost 6%. Strive also popped 6% Monday, three straight up days beginning the week. Bitcoin dropped below $80,000 late last week. Both stocks are leveraged bitcoin plays.

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