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Bloomberg: Strategy stock evaporates nearly half of its market value as cryptocurrency falls
Editor
15 hours ago 2,039
According to Bloomberg, Strategy (formerly MicroStrategy) shares fell sharply, shrinking nearly half from its peak because investors were worried about economic headwinds and withdrew cryptocurrency-related bets that had previously benefited from Donald Trump's election. Strategy's shares fell 17% on Monday to $239.27. The stock has fallen 49.5% since hitting its all-time high of $473.83 last November.
Keywords: Bitcoin
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