Strategy Inc Stock (MSTR): Bitcoin Proxy Under Pressure as Index Risks, Rising Yields and Big Buyers Collide – November 30, 2025
Strategy Inc. (NASDAQ: MSTR) closed at about $177 on November 28, with a market cap near $51 billion, despite holding over 640,000 Bitcoin worth around $71 billion. The stock is down 40% year to date and 54% over 12 months, even as Bitcoin trades near record highs. Q3 net income surged to $2.8 billion after accounting changes recognizing $3.9 billion in unrealized Bitcoin gains.