MSTR is trading at $138.25 (-7.65%) in pre-market after Bitcoin's slide pushed the company's 712,647 BTC holdings into a $900M unrealized loss.
- BTC is currently trading at $76,957, reflecting broader crypto softness and market declines.
- The stock tracks BTC closely due to equity-funded purchases, amplifying downside pressure amid general market declines (NASDAQ -1.13%).
- Technical support near $145-150 holds short-term, but downside risks persist; the move is not driven by company-specific news (earnings are due Feb 5).