Quick Read

• Strategy surged 14% and Bitmine climbed 12% as pure leveraged proxies on Bitcoin and Ethereum, with no company-specific news fueling the move.

• SPY gained just 1% against IBIT’s 5%, exposing a leverage stack that still leaves both treasury stocks down roughly 15 to 19 percent year-to-date.

• Just released. Our analysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.

Crypto treasury stocks are outrunning a firmer tape at midday. The iShares Bitcoin Trust ETF (NASDAQ:IBIT) is up 5% to $45.88, while the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is up 1% to $772.97. The IBIT…