Strategy (MSTR) stock price drops as $90 million Bitcoin buy puts dilution back in focus
Strategy Inc shares dropped 7% to $125.29 in early U.S. trading Monday after the company disclosed it bought 1,142 bitcoin for $90 million, funded by selling 616,715 shares for $89.5 million. The firm now holds 714,644 bitcoin, purchased for $54.35 billion in total.