Strategy (MSTR) stock slides as bitcoin dips; filing shows another 2,486 BTC buy
Strategy Inc shares fell 2.7% to $125.20 in after-hours trading Wednesday after the company disclosed a $168.4 million bitcoin purchase funded by new share sales. The SEC filing showed Strategy bought 2,486 bitcoin, bringing holdings to 717,131. Bitcoin slipped 1.7% to $66,366. Traders are watching for further stock sales and bitcoin price moves.