Strategy (MSTR) Stock Drops 3%—What Triggered It?

TLDR MSTR stock fell 3% as fresh share sales and weaker Bitcoin prices pressured the company’s valuation. Strategy sold 2,732,318 Class A shares and raised about $263.5 million in net proceeds. The company increased its United States dollar reserve to approximately $3.225 billion. Strategy purchased no Bitcoin during the July 13–19 reporting period. Earlier Bitcoin [...]

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