What’s Ahead for MSTR Stock Price, Another Crash Or A Recovery?
MSTR stock is down almost 70% from its all-time high (ATH), with a 51% drawdown happening in the last three months. Strategy (formerly MicroStrategy) even hinted at bracing for Bitcoin price crash as it boosted USD reserves instead of more BTC buy, with MSCI delisting concerns weighing upon investors.
MSTR Stock Price in Heavy Selling Pressure: On-Chain Data
Strategy, the largest corporate Bitcoin buyer, sold almost $748 million in MSTR shares last week, boosting cash reserves to $2.19 billion. However, the company signaled a pause in BTC purchases amid further jitters over a Bitcoin price crash.
According to CryptoQuant on-chain data, MSTR stock has experienced repeated drawdowns during market downturns, indicating its high volatility…
