Strategy (MSTR) drops after-hours as bitcoin stays weak and fresh share sales hang over the stock
NEW YORK, December 31, 2025, 16:43 ET — After-hours Strategy Inc shares fell 2.3% to $151.95 in after-hours trade on Wednesday, after swinging between $151.44 and $157.48 earlier in the day. Trading volume topped 15.6 million shares. The move matters because Strategy has become one of the market’s most visible “bitcoin proxy” stocks — an equity that tends to move with the cryptocurrency — at a time when investors are recalibrating their risk appetite into year-end. Bitcoin is on track for its first yearly loss since 2022, after struggling to recover from an October peak above $126,000, Reuters reported. “Bitcoin