🔴 MSTR is trading 3.5% down today after recent share sale and Bitcoin resistance

MSTR is trading at $158.62 (-3.47%) after the company sold 4.535 million shares, raising $747.8M to boost cash reserves and implement a temporary pause on Bitcoin purchases.

• The share sale occurred between December 15 and 21.
• This pivot increases the company's cash reserves to $2.19B.
• The stock remains highly tied to crypto volatility, currently down 44% YTD, as Bitcoin nears $90,000 resistance.