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Most sectors in pre-market U.S. trading, including semiconductors, memory, crypto, and optical communications, are up, with Micron and SanDisk rising nearly 3% and Strategy gaining 3.12%.

BlockBeats news, November 2 - According to data from the BIT stock platform, most sectors including semiconductors and storage, crypto-related concepts, and optical communications rose in pre-market trading on the U.S. stock market.


Semiconductors and storage: Seagate Technology (STX) up 2.86%; Western Digital (WDC) up 2.49%; SanDisk (SNDK) up 2.86%; Micron Technology (MU) up 2.54%; NVIDIA (NVDA) up 1.36%; Intel (INTC) up 1.09%; Advanced Micro Devices (AMD) up 2.18%.


Crypto-related stocks: Strategy (MSTR) up 3.12%; Coinbase (COIN) down 0.31%; Circle (CRCL) up 1.95%; Bitmine (BMNR) up 2.95%; SharpLink (SBET) up 3.12%.


Optical communications: FOTO (FOTO) up 2.20%; Marvell Technology (MRVL) up 2.94%; Applied Optoelectronics (AAOI) up 2.75%; Lumentum (LITE) up 2.89%; Coherent (COHR) up 2.62%; Ciena (CIEN) up 3.19%; Fabrinet (FN) up 2.72%; AXT (AXTI) up 4.05%.

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Strategy currently holds 641,692 BTC and the mNav is currently reported as 0.979. There is currently no plan to stop accumulating.
Strategy is shifting from relying on common stock issuance to using preferred stock as the primary funding mechanism for Bitcoin purchases.
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