Strategy Inc (MSTR) stock price slips after-hours as Saylor doubles down on Bitcoin buying
Strategy Inc shares fell about 4% to $133 in after-hours trading Tuesday as bitcoin dropped below $69,000. A Feb. 9 SEC filing showed the company sold $89.5 million in stock and used the proceeds to buy 1,142 bitcoin. Executive Chairman Michael Saylor told CNBC the firm plans to keep buying bitcoin and will refinance debt if needed. Traders are watching U.S. jobs and inflation data this week for further signals.