MSTR is trading at $127 (-4.7%) amid a sharp crypto selloff and broader market rotation out of tech assets.
- Bitcoin has fallen 3.49% to $74,012, while Ethereum dropped 7.11% to $2,151, dragging down crypto-adjacent equities.
- Broader sentiment is pressured by hawkish Fed expectations and weak ADP jobs data, with the Nasdaq declining 0.75%.
- No company-specific news was reported today; the move remains highly correlated with underlying digital asset volatility.