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Why Strategy (MSTR) stock is sliding Wednesday
Strategy Inc Class A MSTR shares are trading lower Wednesday amid a drop in the price of Bitcoin BTC. The world’s largest cryptocurrency was last down about 3.5% to roughly $71,400. Here’s what ...
The MSTR stock has held steady in the past two months, coinciding with the ongoing Bitcoin price action. Strategy was trading at $139 on Wednesday, up slightly from the year-to-date low of $105.
Strategy has acquired an additional 525 BTC for $60.2 million at an average price of $114,562, bringing its total holdings to 638,985 BTC. The purchase comes as corporate Bitcoin treasury holdings ...
The MSTR stock price is up at the market open today, rebounding from last week’s lows. This comes amid Michael Saylor Strategy’s announcement that it did not buy any Bitcoin last week, ending a weekly ...
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