MicroStrategy Incorporated is trading at $148.45 (-6.69%) today as the stock retreats alongside a weaker cryptocurrency market and fresh dilution concerns.
- Bitcoin is down 2.45% since the last close, while Ethereum, Solana, and XRP are also trading lower, putting pressure on crypto-linked equities.
- The company reportedly raised $128.3 million through at-the-market stock sales and executed a small Bitcoin sale to fund preferred share distributions.