MSTR Stock Sees Retail Chatter Double Amid Bitcoin Slide – Stock Down 44% From Record Highs
Synopsis
Strategy’s stock fell nearly 7% on Thursday and is down 44% from its record high in November last year.
Michael Saylor-backed Strategy (MSTR) slipped in pre-market trade on Friday, following a nearly 7% drop in the previous session.
The stock has dropped 44% since its record high in November 2024. Retail chatter on Stocktwits surged more than 130% over the past 24 hours as traders speculated whether the stock would extend its bearish streak amid continued weakness in Bitcoin (BTC).
MSTR’s stock edged 0.17% lower in pre-market. Meanwhile, Bitcoin’s price was down as much as 2%, trading around $109,244 after briefly dipping to $108,900 levels earlier in the session.
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Read also: Crypto Options Worth $22B To Expire Friday As Bitcoin Slips Below $109K – Solana Leads Altcoin Losses
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