MicroStrategy Incorporated is trading at $120.17, down 7.1% as renewed pressure on cryptocurrencies and a broader risk-off move in equities weigh on the stock.
- Bitcoin has declined approximately 3.8% over the last 24 hours while Ethereum is off more than 6%, dragging crypto-linked equities lower.
- Major indices are down by 1% or more, with MicroStrategy selling off in tandem with negative sentiment across tech and growth shares.