Strategy (MSTR) Stock Faces Fresh Test After Bitcoin Price Selloff

TLDR MSTR stock closed at $151.47 on October 8, nearly 11% below its October 2 intraday high. Bitcoin retreated from $87,000 toward $81,000, adding selling pressure to crypto-linked stocks. Strategy purchased 334 BTC for $28.7 million, raising its total holdings to 848,000 BTC. Strategy’s market-cap Bitcoin valuation ratio fell to 0.98, indicating a roughly 2% [...]

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