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MSTR Falls Below $98 as Bitcoin Sinks to $60,935 on Wednesday

GateNews
BTC-3.42%

According to Yahoo Finance, shares in Bitcoin treasury company Strategy (MSTR) fell to $97.30 on Wednesday, marking their lowest price in more than two years, as Bitcoin sank to $60,935—a two-week low. MSTR traded at $98.05 by midday, down 5.5% on the day.

The decline accelerates a sharp recent selloff; MSTR shares have fallen roughly 20% over the past week and more than 38% over the past month, according to Yahoo Finance historical data.

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