Strategy stock (MSTR) dropped to its 52-week low following a more than 6% decline in Bitcoin price, now trading around $84,300. Despite the downturn, Strategy announced a major bitcoin purchase of 2,932 BTC for $264 million, increasing its holdings to over 712,000 BTC. The company continues to use at-the-market offerings to fund its bitcoin acquisitions and holds about 3.4% of Bitcoin’s total supply.
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[IMPORTANT] Strategy Stock (MSTR) Hits Yearly Low as Bitcoin Falls Below $84K Amid Market Sell-Off
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