Strategy slides after bitcoin briefly dips below crypto firm’s key breakeven level
By CNBC
February 7, 2026, 10:25 PM EST
0
Views
0
Views
Listen to this article
(CNBC): MicroStrategy shares drop 7% as bitcoin falls below company’s average purchase price.
MicroStrategy’s stock took a hit as bitcoin dipped below their average purchase price, causing concerns of potential losses. The company holds around $56 billion in bitcoin, with the recent drop attributed to geopolitical tensions and expectations of a U.S. monetary policy shift. Forced liquidations of over $2 billion in positions linked to bitcoin also contributed to the decline. For more details, visit the source.
