Strategy (MSTR) stock slips with bitcoin as new filing details $108.8 million crypto buy
NEW YORK, December 31, 2025, 12:28 ET — Regular session
Strategy Inc shares fell 1.8% to $152.88 in midday trading on Wednesday, tracking a more than 1% dip in bitcoin.
The software company — formerly MicroStrategy — has become a volatile bitcoin proxy because it holds the token on its balance sheet and regularly raises money to buy more. That structure is back in focus as investors weigh the trade-off between added bitcoin exposure and shareholder dilution. Strategy
A Form 8-K dated Dec. 29 showed Strategy bought 1,229 bitcoins for $108.8 million between Dec. 22 and Dec. 28 at an average price of about $88,568 per coin, funded by selling 663,450 shares through its at-the-market program. The filing put total holdings at 672,497…
