Why Is MSTR Stock Down 58% YoY Despite Strategy’s Relentless Bitcoin Buying?

Michael Saylor isn’t slowing down his Bitcoin (CRYPTO: BTC) buying. Strategy (NASDAQ:MSTR | MSTR Price Prediction) now owns 843,738 Bitcoin, which is worth $64.83 billion at today’s prices. However, the whole company is worth just $58.6 billion. The Bitcoin holding alone is worth more than the company that holds it. Meanwhile, Strategy’s MSTR stock is ... Why Is MSTR Stock Down 58% YoY Despite Strategy’s Relentless Bitcoin Buying?