MicroStrategy Stock Drops Over 7% to Lowest Since October 2024
MicroStrategy shares have fallen 55% since October 6, marking one of the steepest declines in the company’s history.
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Terms & Concepts
- MicroStrategy: A business intelligence firm known for holding large amounts of Bitcoin as part of its corporate treasury strategy.
- Corporate Treasury Bitcoin Strategy: A practice where a company invests part of its treasury reserves into Bitcoin to diversify holdings and potentially hedge against inflation.