Strategy (MSTR) stock slips after-hours after SEC filing details fresh $108.8 million bitcoin buy
NEW YORK, December 29, 2025, 16:47 ET — After-hours Strategy Inc (MSTR) shares were last down 2.2% at $155.39 in after-hours trading on Monday after the company disclosed another bitcoin purchase funded by selling new shares. SEC The move matters because Strategy has positioned itself as a “Bitcoin Treasury Company,” tying its equity more tightly to bitcoin’s swings than most U.S. software stocks. Strategy Investors have also become more sensitive to dilution — when issuing new stock reduces existing shareholders’ ownership percentage — as Strategy continues to tap capital markets to accumulate the cryptocurrency. Bitcoin was down about 0.3% at