Strategy Shares Fall About 8% After U.S. Market Open

Strategy (Nasdaq-listed company formerly known as MicroStrategy), trading under the ticker MSTR, fell by about 8% after the U.S. market opened, according to U.S. stock market data cited by PANews on June 1. The stock was later quoted at about $147.5. Strategy is widely followed in crypto markets because its shares are often treated as a proxy for corporate Bitcoin exposure due to the company’s large Bitcoin holdings.

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