Strategy Shares Spike as Stock Drops on Dollar Reserve and Profit Revision
Trading activity in Strategy (MSTR) shares surged Monday to the highest level since December 2024, as the Nasdaq-listed stock declined following announcements of a new dollar reserve and revised full-year earnings guidance.
More than 42.9 million shares changed hands, according to TradingView, marking the firm’s busiest session in nearly a year. The stock fell 3.25%, closing at $171.42.
Strategy is the world’s largest publicly traded bitcoin treasury company, holding roughly 650,000 BTC, valued at around $56 billion. The company began accumulating bitcoin in 2020 as a hedge against the dollar’s declining purchasing power, according to founder Michael Saylor, and has since issued preferred stock to fund additional purchases.
On Monday, Strategy announced a $1.44 billion dollar reserve to cover dividend payments on preferred shares and interest on outstanding debt. The firm also updated its full-year outlook, forecasting a net loss of $5.5 billion to net income of $6.3 billion, reflecting bitcoin’s 30% drop from its October record high.
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