Strategy (MSTR) shares have fallen by 30% as its executive chairman and former CEO, Michael Sirer was painted on the cover of Forbes, According To stock the price data from Yahoo finance.
Between 30 January and 10 March, the strategy shares decreased from $ 340.09 to $ 238.25. The tech stock market in the tumble includes a 17% decline between widespread sales.
Strategy Price of one day share. Source: Yahoo finance
According to Yahoo Finance, Nasdac Composite, which has a strategy, Fallen More than 4% on 10 March. Fear of recession with Atlanta Fed Introduced A negative -2.4% GDP growth for the first quarter of 2025, with increased rhetoric of business wars, has created fear among investors in the equity market. CNN’s fear and greed index Sitting On the “16” for the day, which reflects “extreme fear”.
Despite the falling stock price, the strategy is unbreakable in its commitment to bitcoin (BTC) strategy. The company announced the same day, “plans to raise an additional $ 21 billion for general corporate purposes and for the acquisition of bitcoin and working capital” for general corporate purposes. “On 24 February, the strategy bought 20,356 bitcoins for about $ 2 billion.
Connected: Microstrategy, now ‘Strategy,’ records $ 670m net loss in Q4
Although Bitcoin recorded the biggest weekly decline in the history of assets on March 10, bitcoin investment of strategy is still beneficial. Up to 18.9%The company has bought its BTC at an average cost of $ 66,423, which is below the price of the property at this time of writing.
While countless entrepreneurs have caught Forbes cover for years, some specially displayed people have also got into controversy after the spotlight. One of them consists of former FTX CEO Sam Bankman-Fride, who was sentenced to 25 years in jail for financial offenses.
Strategy spark debate, sponsment copy
The strategy step to get more bitcoins using stocks and using loans is combined with its proper part of supporters and critics in Crypto space. Some believe that this is a stroke of genius, a bet on the track record of digital asset, due to which it has not increased anything from the market cap of $ 1.56 trillion in 15 years.
Others are not so kind, compared to a tick time bomb or Ponji. In November, Crypto Investor Hedgex said it later, Write On X that Saylor “will do more damage to bitcoin than someone else using endless leverage.” Harlabos Wularis wrote At that “at some point, the next ‘unexpected’ BTC transplant will be bound by MStr.”
Nevertheless, the move of strategy has given rise to copying throughout the trade world, with some companies looking at buying bitcoins for their treasures and increasing the enthusiasm of investor. One of the companies of which is Metaplanet, whose share price rose by 4,800% in 12 months when it announced a strategy to buy his BTC.
magazine: Asia Express: ‘Chinese Micostrate’ Meetu sells all its bitcoins and atheriums
