MicroStrategy (MSTR) Stock Tumbles 13% As Bitcoin Dips, CEO Says It Is Expected
Key Insights: MicroStrategy, now Strategy, fell more than Bitcoin during the latest market drop. The cryptocurrency slipped around 5%, while MSTR stock fell closer to 8%-9% in 24 hours, and almost 13% from yesterday's peak. At first glance, this move looked worrying, especially for short-term traders. But the company says this behavior was expected. In [...]The post MicroStrategy (MSTR) Stock Tumbles 13% As Bitcoin Dips, CEO Says It Is Expected appeared first on The Coin Republic.