Trade Ideas
Bitcoin has dropped ~18% in Feb 2026 and is trading in the $50k-$60k range, which Bitwise views as a "floor." Institutional investors (Wealth Managers, Family Offices) who missed the run to $100k are now using this drawdown as a "magnificent opportunity" to build long-term positions, supported by new access via ETFs (e.g., Merrill Lynch approvals). LONG for a 5-10 year horizon based on institutional accumulation during distressed prices. Continued liquidity drain from the ecosystem and short-term "falling knife" volatility.
Meta announced it would buy AMD's chips to run AI models, a deal worth "double digit billions." This validates AMD's technology as a viable alternative to Nvidia for hyperscalers and secures a massive revenue stream from a top-tier buyer. LONG AMD (supplier) and META (user securing compute capacity). Execution risks in chip deployment or AI model performance.
Warner Bros. Discovery is considering a new takeover bid from Paramount-Skydance, which is reported to be higher than previous offers. A bidding war (potentially involving Netflix as a counter-bidder) could drive the premium up significantly. WATCH for deal confirmation or a counter-offer from Netflix. Regulatory antitrust blocking or deal falling through.
IBM stock suffered its steepest decline in 26 years due to concerns over Anthropic's cloud platform. The market perceives Anthropic as a direct competitive threat that could render legacy cloud/AI players like IBM obsolete or severely erode their margins. SHORT IBM as it loses ground to agile, AI-native competitors. IBM successfully pivoting or the market overreacting to the competitive threat.
Figure launched "OPEN," a blockchain-native platform allowing companies to list stocks directly on-chain, bypassing the DTCC. This allows for 24/7 trading, immediate settlement, and the use of digital asset treasuries to stabilize NAV. It represents a structural shift in equity market plumbing. LONG FIGURE (recently public as of Jan 2025 per transcript) as a first-mover in blockchain-native equity listing. Regulatory pushback from the SEC regarding non-DTCC clearing.
Private Credit is a multi-trillion dollar market running on spreadsheets and opaque monthly PDFs. Avalanche is positioning itself as the infrastructure layer for "Asset-Backed Finance" (receivables, consumer lending), upgrading legacy systems to real-time transparency. LONG AVAX as the infrastructure play for the tokenization of private credit and RWA (Real World Assets). Regulatory hurdles or slow adoption by traditional asset managers.
Usage of prediction markets (Kalshi, Polymarket) is surging around events like the State of the Union. Robinhood (HOOD) and Coinbase are offering "event contracts." "Gamifying" news events attracts retail volume. Platforms that integrate this (like Robinhood) capture high-engagement trading fees. LONG HOOD as a regulated proxy for the explosion in event wagering. Regulatory crackdowns on gambling-adjacent financial products.
The average cost to mine Bitcoin is currently $80,000, but the price is trading significantly below this level. This price/cost inversion forces inefficient miners out of business. Well-capitalized miners with cash treasuries will acquire distressed assets/competitors (Consolidation), while others pivot to AI/HPC. LONG the consolidators (large, liquid miners) who will survive the shakeout and increase market share. Prolonged period of prices <$80k could drain even healthy treasuries.
This Bloomberg Markets video, published February 24, 2026,
features Ryan Rasmussen, Norah Mulinda, Mike Cagney, Morgan Krupetsky, Christopher Beam
discussing IBIT, BITW, BTC, META, AMD, WBD, PARA, IBM, FIGURE, AVAX, HOOD, DKNG, RIOT, CORZ, MARA.
8 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Ryan Rasmussen,
Norah Mulinda,
Mike Cagney,
Morgan Krupetsky,
Christopher Beam
· Tickers:
IBIT,
BITW,
BTC,
META,
AMD,
WBD,
PARA,
IBM,
FIGURE,
AVAX,
HOOD,
DKNG,
RIOT,
CORZ,
MARA
