MSTR Stock Plummets as Pressure Mounts on Strategy Amidst Bitcoin Correction

Michael Saylor’s flagship company, Strategy (MSTR), has hit its lowest point since April, plunging around 8% this week to land near $336. This decline follows a sharp correction in the Bitcoin market and changes in MSTR’s share issuance policies. Other Bitcoin-focused companies, such as Galaxy, Coinbase, and Riot Platforms, have also experienced double-digit declines over the past month, highlighting a wider stress within the crypto sector.