MSTR is trading at $124.54 (-6.31%) as the stock extends yesterday's losses, tracking Bitcoin's -3.89% slide to $66,452.81 amid escalating Middle East tensions.
- The decline follows yesterday's -4.46% drop to $132.93, with sentiment soured by geopolitical risks including Trump's Iran deadline extension and concerns over the Strait of Hormuz.
- Broader market volatility is adding pressure to the Bitcoin-heavy stock, as ETH falls -3.96% and the Nasdaq retreats -1.25%.
- There is no company-specific news today; the move is driven by the stock's high correlation to the cryptocurrency market and the wider macro selloff.