Summary
- Strategy's stock price has fallen 16% compared to the beginning of this year.
- Bitcoin spot ETF sell-offs caused BTC price to fall below $90,000 for the first time since November last year.
- Strategy's stock price has fallen about 50% from its peak in November last year.
Strategy (formerly MicroStrategy) stock has fallen 16% compared to the beginning of this year.
On the 25th (local time), cryptocurrency media CoinTelegraph reported that "as sell-offs in Bitcoin (BTC) spot ETFs increased, BTC price fell below $90,000 for the first time since November last year," adding that "Strategy's stock price also fell more than 10% to below $245 on the same day."
It further explained that "this is about a 50% drop from the all-time high of $473 recorded in November last year."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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