Sneakers out, storage in
Nike is leaving the S&P 100 on September 21 after losing roughly $230B in value since its 2021 peak, a drop of about 78%. Its replacement is SanDisk, up over 4,000% since its 2025 listing on the back of AI-driven NAND demand.
Explore Leverage Shares 3x SanDisk ETP, SND3.
Strategy Sells Bitcoin Sneakers But Not For Bitcoin
Strategy’s online store is drawing attention for its Bitcoin themed Nike sneakers.
The company sells branded Air Jordans and Dunks, reportedly priced at $250 per pair.
However, one cannot pay using Bitcoin as the company holds one of the biggest bitcoin:native treasuries around the globe. The store currently accepts credit cards, Apple Pay and Google Pay instead.
The sneakers are sold out, while the unusual payment choice continues drawing criticism online.
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