- Strategy’s MSTR has declined over 55% since November 20, igniting concerns of forced liquidations among investors.
- The sell-off stems from the company’s heavy exposure to Bitcoin following its buying spree in the past year.
- Strategy could be forced to liquidate part of its Bitcoin holdings if investors redeem convertible notes early.
Strategy (formerly MicroStrategy) witnessed an 11% stock decline on Tuesday, stirred by Bitcoin’s market’s plunge below $90,000 and fueling speculations of a forced liquidation for the company.
Strategy stock decline sparks fears of Bitcoin holdings liquidation
Strategy’s MSTR stock fell 11% in the past 24 hours as Bitcoin and the crypto market experienced harsh declines.
The…
