Bloomberg: Strategy stocks lose nearly half their market value due to cryptocurrency decline
ChainCatcher news, according to Bloomberg, Strategy (formerly MicroStrategy) shares have plummeted significantly, shrinking by nearly half from their peak, due to investor concerns about economic headwinds and the withdrawal of previous cryptocurrency-related bets that benefited from Donald Trump's election.
Strategy's stock price fell 17% on Monday, to $239.27. Since reaching an all-time high closing price of $473.83 last November, the stock has declined a total of 49.5%.
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