🔴 MSTR is trading 5.4% down today as Bitcoin falls 4.3% to $71,172

MSTR is trading at $142.21, down 5.4% today, tracking a sharp decline in Bitcoin which fell 4.3% to $71,172.

• The stock's movement closely mirrors Bitcoin's weakness, as MicroStrategy holds 738,731 BTC as its primary treasury asset.
• Broader market sentiment is pressured by inflation concerns and the Federal Reserve maintaining interest rates at 3.50%-3.75%.
• Major indices are down over 1% as geopolitical oil supply disruptions add to macroeconomic headwinds.