Why Strategy Stock Tumbled on Thursday

The company, essentially an institutional Bitcoin investor, gets dinged by a bearish analyst note.A negative analyst note published before market open on Thursday was the wet blanket that dampened Strategy (MSTR -1.95%) stock. The company, now transformed into almost a pure-play Bitcoin investor, saw its shares slump to close the day almost 2% lower in price. That compared unfavorably to the S&P 500, which shed a comparatively modest 0.4%.A bear weighs inThe prognosticator who authored the Strategy update w ...