Strategy Plunges 59% in 6 Months: Should You Hold or Fold the Stock?
Key Takeaways Strategy shares fell 59.3% in six months, lagging its industry and sector, while peer Hut 8 gained.MSTR faces pressure from Bitcoin volatility, a 100.63X forward P/S and $17.44B in unrealized losses.Strategy raised nearly $20B via preferred offerings to fund Bitcoin accumulation, as earnings stay steady.Strategy (MSTR) , the world’s largest corporate Bitcoin holder, has seen its stock decline 59.3% over the past six months, significantly underperforming both the Zacks Financial – Miscellaneous ...