Strategy has sold approximately $700 million in shares, leading to significant stock dilution and a sharp decline in its share price. The stock has plummeted about 70% from its peak as increased supply pressures the market. Despite the downturn, the company intends to maintain its Bitcoin investment at $22.46 billion in 2025, consistent with 2024 levels. The market sentiment remains bearish, with the fear and greed index reflecting ongoing caution, while altcoins present mixed signals amid the broader market sell-off.
Strategy's $700M Share Sale Sparks Stock Decline and Dilution
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
