MSTR is trading at $131.82 (-4.24%) in pre-market, tracking a -3.28% decline in Bitcoin and broader risk-off sentiment triggered by Middle East tensions and reports of Iran closing the Strait of Hormuz.
- Geopolitical instability and a -2% drop in Nasdaq futures are weighing on the stock despite no new company-specific news today.
- The decline follows a +6.29% gain in the previous session, which was fueled by the announcement of a 3,015 BTC purchase for $204 million between Feb 23 and Mar 1.