Strategy Inc (MSTR) Stock Drops After $980M Bitcoin Buy: SEC Filing Details, Nasdaq 100 Impact, and Wall Street Forecasts (Dec. 15, 2025)
Strategy Inc. disclosed a $980 million purchase of 10,645 bitcoins last week, bringing its total holdings to 671,268 BTC. Despite the buy, shares fell 7% to $164 as Bitcoin dropped 3% to $86,200. The company funded the purchase by selling nearly 4.8 million shares and preferred stock, raising $989 million. Investors cited dilution and funding concerns as reasons for the stock’s decline.