Bitcoin investor Strategy is facing one of its roughest stretches this year, prompting quick speculation that its high-conviction Bitcoin play is coming undone. But a look beyond the one-year chart tells a different story.
Google Finance data shows that Strategy (MSTR) stock is down nearly 60% over the last year, and has declined by over 40% year-to-date (YTD). The stock traded near $300 in October before dropping to roughly $170 at the time of writing.
While some interpret the situation as…
Read the full article here
