Between Jan. 30 and March 10, Strategy's shares dropped from $340.09 to $238.25. The tumble includes a 17% decline on March 10 amid the wider sell-off in the tech stock market.
Strategy (MSTR) shares have fallen 30% since its executive chairman and former CEO, Michael Saylor, was featured on the cover of Forbes, according to stock price data from Yahoo Finance.
Between Jan. 30 and March 10, Strategy’s shares dropped from $340.09 to $238.25. The tumble includes a 17% decline on March 10 amid the wider sell-off in the tech stock market.
Strategy one-day stock price. Source: Yahoo Finance
According to Yahoo Finance, the Nasdaq Composite, to which Strategy belongs, has fallen over 4% on March 10. Renewed fears of a recession, with the Atlanta Fed projecting a negative -2.4% gross domestic product growth for the first quarter of 2025, along with the increased rhetoric of trade wars, have sparked fear among investors in the equities market. CNN’s Fear & Greed index sits at “16” for the day, which signifies “Extreme Fear.”
Despite a falling stock price, Strategy remains unwavering in its commitment to a Bitcoin (BTC) strategy. The company announced on the same day plans to raise an additional $21 billion for “general corporate purposes, including the
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