Why is the MSTR Stock Price Crumbling Suddenly?
The MSTR stock price has crashed in the past few months, moving from a high of $456 in July to $335 today. It has plunged by nearly 40% from its highest level in 2024, and is hovering at its lowest level since April this year. So, why is the Strategy share price plunging, and will it rebound?
MSTR Stock Price Crashes as Industry Sentiment Shifts
Strategy, formerly known as MicroStrategy, is one of the top American companies with a valuation of over $96 billion. The company has pivoted from being an enterprise software entity into a Bitcoin accumulator and now owns over 636,000 coins.
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Historically, MSTR stock price used to…
