Strategy (MSTR) stock price slips as bitcoin drops below $68,000; short interest back in focus
Strategy Inc shares fell 1.8% to $133.23 Thursday after an 8.9% jump the previous day, tracking bitcoin’s 2.2% drop to around $67,555. Short interest stands near 14% of market value as traders monitor ETF hedges and the company’s next bitcoin purchase update. Strategy recently bought 592 bitcoins, bringing holdings to 717,722. Bitcoin earlier topped $70,000 before retreating.