Strategy Shares Plunge as Bitcoin Holdings Fail to Impress Investors

Strategy Inc. continues to expand its Bitcoin treasury, yet shareholders are heading for the exits in growing numbers. The company’s stock is experiencing a severe downturn even as the cryptocurrency it accumulates reaches unprecedented price levels. Over the past month alone, the equity has shed more than 20% of its value, erasing over half of its peak market capitalization. This divergence raises critical questions about investor sentiment.

In its latest acquisition, Strategy purchased 487 Bitcoin for approximately $50 million, paying an average of $102,557 per coin. This addition brings the company’s total holdings to 641,692 BTC. The cumulative investment for this digital asset reserve stands at $47.54 billion, achieved at an average purchase Read more...