Strategy stock is falling due to the falling price of Bitcoin.
The stock's gap between its market cap and underlying cryptocurrency investments has closed.
Investors should invest directly in Bitcoin instead of buying Strategy stock to make their lives easier.
10 stocks we like better than Strategy ›
Shares of Strategy (NASDAQ: MSTR) -- formerly MicroStrategy -- tumbled 14.4% this week, according to data from S&P Global Market Intelligence. The largest known investor in Bitcoin fell along with the price of the cryptocurrency, which briefly slipped to around $80,000 before recovering to $85
The stock's gap between its market cap and underlying cryptocurrency investments has closed.
Investors should invest directly in Bitcoin instead of buying Strategy stock to make their lives easier.
10 stocks we like better than Strategy ›
Shares of Strategy (NASDAQ: MSTR) -- formerly MicroStrategy -- tumbled 14.4% this week, according to data from S&P Global Market Intelligence. The largest known investor in Bitcoin fell along with the price of the cryptocurrency, which briefly slipped to around $80,000 before recovering to $85
30 days ago
