Strategy (MSTR) drops after-hours as bitcoin stays weak and fresh share sales hang over the stock
Strategy Inc shares fell 2.3% to $151.95 in after-hours trading Wednesday after the company disclosed it sold 663,450 shares for $108.8 million and used the proceeds to buy 1,229 bitcoin. The company now holds 672,497 bitcoin, worth about $59 billion at recent prices. Trading volume topped 15.6 million shares. Investors are watching for further stock sales and bitcoin moves as 2026 approaches.