shares are down nearly 60% over the past four months, falling from the July highs of about $456 to trade at about $186 on Wednesday. The world’s biggest Bitcoin treasury company has been one of the worst affected by the recent collapse in crypto prices.
Founded by Michael Saylor, Strategy created a new vertical in the crypto industry that gives traditional investors access to digital assets in a more familiar format. The strategy has been adopted by many publicly-traded companies, with some choosing alternative cryptocurrencies as anchors for their digital asset treasuries (DATs).
With most of the companies jumping in following Trump’s election last November, the recent decline in crypto prices has seen activity in the DAT sector…
