MicroStrategy is trading at $93.40, down 4.38% as technology stocks retreat amid rising Treasury yields, higher oil prices, and renewed U.S.-Iran tensions.
- The Nasdaq Composite is down 1.33% and the S&P 500 is down 0.62%.
- Bitcoin is up 0.72% since the August 17 close and Ethereum is up 0.54%, so cryptocurrency weakness does not explain the decline.
- The August 17 share issuance announcement remains relevant dilution context, but is not a same-day catalyst.