Michael Saylor's MicroStrategy stock crashes amid 'brutal bear market'
The Strategy (Nasdaq: MSTR) stock crashed 7.66% on Sep. 25 as the Bitcoin treasury firm felt the heat of the rout in the broader crypto market. Michael Saylor-led Strategy, formerly MicroStrategy, holds 639,835 Bitcoin worth $70 billion at the time of writing, making it the world's largest public corporate holder of Bitcoin. Though the company's stock has climbed nearly 95% over the last year, it has been tumbling for the past few days. Its trajectory mirrors that of the asset the company has turned into ...