Strategy Inc stock price slips as MSTR digests fresh bitcoin buy and a new Wall Street call
Strategy Inc shares fell 0.6% to $160.57 by midday Wednesday, even as bitcoin rose 2.1% to $89,492. A Monday filing showed Strategy sold 1.57 million shares for $257 million and used the funds to buy 2,932 bitcoin at an average $90,061 each. The company now holds 712,647 bitcoin. Fourth-quarter results are due Feb. 5 after market close.