Strategy Stock Stalls Despite Bitcoin’s Record High

Bitcoin prices surged to a new all-time high this week, driven by increasing institutional demand and a shrinking supply on exchanges and the OTC market. On Thursday, BTC traded at around $111,500, up 4.2% over the past 24 hours. However, despite Bitcoin’s rally, Strategy stock is experiencing minimal movement, trading flat at around $403 for the day. This suggests a breaking of the previously strong correlation between Bitcoin and MSTR.