Why Strategy Stock Bounced Back Today
Shares of Strategy (NASDAQ: MSTR) took a deep dive on Thursday as Bitcoin (CRYPTO: BTC) prices plunged. Friday saw a reversal of these tightly paired market moves. At 2 p.m. ET, Strategy's stock was up by 22.8% and Bitcoin had gained 10.3% over the same period. Bitcoin sneezes, Strategy catches pneumonia Strategy's stock is back to prices not seen since, you know, Wednesday afternoon. It's still down 71% from last summer's all-time high. Bitcoin has dropped 50% from last October's peak. Will AI create th ...