Seller Exhaustion or a Bottom? Strategy Gains 11% From Session's Worst Levels

MEVictim

2025-12-02 00:22:27

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Source: CryptoNewsNet Original Title: Seller Exhaustion or a Bottom? Strategy Gains 11% From Session’s Worst Levels Original Link: An overnight crash in the price of bitcoin combined with a difficult to digest capital raise sent Strategy shares tumbling 12.5% to their weakest level in nearly 15 months in U.S. morning trading on Monday.

And yet, despite no bounce in the price of bitcoin at $86,478.77 — which remained near session lows of about $85,000 for the entire day — Strategy managed to nearly erase all of its losses, finishing lower by “just” 3.25%.

Until proven otherwise, the action appears to be no more than short-covering by fully satiated bears. At Strategy’s weakest level on Monday of $155.61, the stock was lower by nearly 40% over just the past month and 66% from its 2025 high hit in mid-July. Any bears not covering their shorts at that point are surely in the wrong business.

BTC0.15%

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