MSTR Stock Declines 5% as Premium Drops to 1.6 Amid Bitcoin Slump

MSTR Stock Declines 5% as Premium Drops to 1.6 Amid Bitcoin Slump

After Bitcoin fell below $90,000, Strategy Inc. (previously MicroStrategy) saw its shares (MSTR) plunge more than 5% as its premium to Bitcoin holdings fell to 1.6. Yahoo Finance reports that MSTR's stock dropped 5.65% during pre-market trading, ending the day on February 25 at $282.76. Bitcoin's steep loss, which saw the cryptocurrency fall as low as $87,630 during the day, was quickly followed by the dip. MSTR's Premium Drops as Bitcoin ...

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