Strategy Inc Shares Drop as Bitcoin Weakness and Rate Concerns Pressure Crypto-Linked Stocks
Strategy Inc shares fell about 3.9% in morning trading to $137.30 as a pullback in Bitcoin and rising expectations for higher interest rates weighed on the stock. A strong U.S. employment report lifted rate-hike probabilities, amplifying selling across risk assets. The company doubled a repurchase program for its STRC preferred securities but did n…