MicroStrategy shares fell approximately 0.8% to $125 during late morning trading on February 12, 2026. The decline occurred as the CEO pitched Stretch preferred shares to fund additional Bitcoin acquisitions.

The stock reached a price of $121.48, representing a total intraday loss of 3.64%. This movement tracks a broader downturn in the cryptocurrency market.

Bitcoin dropped 2.97% from its previous close to $65,626.01, while Ethereum fell 2.56% to $1,903.70. Negative market sentiment intensified following strong jobs data, which reduced expectations for Federal Reserve interest rate cuts.