Strategy (formerly MicroStrategy)'s stock price declined again on Tuesday, continuing a months-long downward trend. Despite the company announcing a purchase of approximately $118 million worth of 1,287 Bitcoins, bringing its total Bitcoin holdings to 673,783 coins. The stock briefly reached a peak of $167.24 during trading, but ultimately closed at $157, failing to sustain gains even amid a brief rise in Bitcoin prices. Previously, the company's stock had fallen nearly 50% in 2025, and the CEO recently admitted that Bitcoin might be sold during a crisis. These ongoing declines indicate that investor confidence in the company's aggressive Bitcoin holding strategy is waning.
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Strategy (formerly MicroStrategy)'s stock price declined again on Tuesday, continuing a months-long downward trend. Despite the company announcing a purchase of approximately $118 million worth of 1,287 Bitcoins, bringing its total Bitcoin holdings to 673,783 coins. The stock briefly reached a peak of $167.24 during trading, but ultimately closed at $157, failing to sustain gains even amid a brief rise in Bitcoin prices. Previously, the company's stock had fallen nearly 50% in 2025, and the CEO recently admitted that Bitcoin might be sold during a crisis. These ongoing declines indicate that investor confidence in the company's aggressive Bitcoin holding strategy is waning.