Strategy Shares Fall to 4-Month Low as STRC Dips and Bitcoin Sinks Under $60K
Strategy felt the bite of crypto winter particularly hard on Friday as the Bitcoin-buying firm’s shares slid to a four-month low and Bitcoin fell below the $60,000 mark. The Tysons Corner, Virginia-based firm’s stock price dropped as low as $114, hitting its lowest level since early February, according to Yahoo Finance, though it rebounded to $120 to finish the trading day—still down nearly 7%.