Market News / Story
Strategy (MSTR) Stock Trades Down, Here Is Why
Stock Story ·
Stock Story reports: What Happened? Shares of bitcoin development company Strategy fell 6.5% in the afternoon session after Bitcoin dropped below $84,000 amid broad, leverage-driven selling across the cryptocurrency market. According to the Crypto Times and CoinDesk, Bitcoin fell more than 3% to approximately $83,700, leading to more than $166 million in liquidated Bitcoin positions across the cryptocurrency market. The digital asset came under pressure as a global bond selloff drove the…