MSTR Opens 4.5% Lower on Nasdaq After Strategy Sells Bitcoin
Covered by 2 sources · 2 articles
2 outlets - including Invezz and Cryptotimes - are covering this story. Strategy MSTR (formerly known as Microstrategy), the largest corporate holder of Bitcoin, disclosed on Monday that it sold 3,588 Bitcoins for approximately $216 million last week. The sale was part of a newly introduced treasury framework d…
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Strategy (MSTR) stock falls as company sells $216M worth of Bitcoin
Strategy MSTR (formerly known as Microstrategy), the largest corporate holder of Bitcoin, disclosed on Monday that it sold 3,588 Bitcoins for approximately $216 million last week. The sale was part of a newly introduced treasury framework d…
MSTR Opens 4.5% Lower on Nasdaq After Strategy Sells Bitcoin
Strategy’s Bitcoin sale has shifted investor focus from accumulation to balance-sheet risk, putting pressure on MSTR at the Nasdaq open.