MSTR Stock Price Falls to 23-Month Low as Bitcoin Strategy Faces Pressure
MicroStrategy stock dropped to $103, its lowest level in 23 months and down 81% from its peak, wiping out approximately $153 billion in market value. The decline comes as the company’s 847,363 Bitcoin holdings, valued at about $53 billion, remain under pressure, contributing to an estimated $11.2 billion unrealized loss. The situation matters because rising …
