MicroStrategy (MSTR) shares are trading lower at $124.61, extending a recent decline despite modest gains in the broader cryptocurrency market. The stock continues to experience volatility following significant Bitcoin acquisitions earlier this month.
- MSTR is currently down -1.16%, following a -5.21% drop in the previous session to a close of $126.07.
- The company recently strengthened its treasury by adding 1,142 BTC to its holdings between February 2 and February 8.
- The downward movement occurs despite BTC and ETH trading up +0.38% and +1.21% respectively, as the stock stabilizes after a massive +26.11% gain on February 6.