Reported about 20 hours ago
Shares of MicroStrategy, co-founded by Michael Saylor, have dropped 49.5% from their all-time high as investors pull back from cryptocurrency amid economic uncertainty. After a 17% fall on Monday, the stock trades at $239.27. Concerns over a lack of strategic Bitcoin purchases following recent policy clarifications have dampened investor sentiment, affecting both Bitcoin's value and related stocks. Despite a challenging outlook, analysts maintain a positive stance, with a buy rating on Strategy.
Source: YAHOO