The Economic Times

MSTR stock falls after Bitcoin (BTC USD) slips below Strategys average buy price - what it means for Michael Saylors crypto bet

MSTR stock today: Strategy's stock tumbled as Bitcoin dipped below the company's average purchase price of $76,052, sparking concerns about its crypto strategy. Despite holding over 713,000 Bitcoin, the firm's equity premium has vanished, impacting its ability to fund further acquisitions. The company recently bought more Bitcoin, even as its holdings' value decreased.