MicroStrategy (MSTR) shares dropped 3.13% to close at $129.09, mirroring a broader market decline and a significant drop in Bitcoin, which fell 2.51%.
- The decline reflected a broader market downturn, with the Nasdaq falling over 2% following weak ADP jobs data showing only 22,000 jobs added.
- The stock's movement was tied to the crypto market, where Bitcoin dropped 6.52% over the 24-hour period, trading at $71,554.41.
- MSTR shares continued to fall in after-hours trading, dropping an additional 1.50% to $127.15.