Why MicroStrategy Stock Is Plummeting Today

Shares of MicroStrategy Inc (MSTR -10.83%) are falling on Monday. The company's stock lost 12.6% as of 10:50 a.m. ET and was down as much as 13.9% earlier in the day. The drop comes as the S&P 500 lost 2%, and the Nasdaq Composite lost 3.5%.The company, now doing business under the name Strategy, just announced another massive capital raise to fund additional Bitcoin accumulation as the cryptocurrency continues to decline.An ambitious capital raiseMicroStrategy revealed plans to raise up to $21 billion thro ...