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Bitcoin

MSTR Stock Price Drops 3.09% as Strategy Pauses Bitcoin Buys

Image: The Coin Republic

Key Insights MSTR stock price fell about 3.09% as Strategy paused Bitcoin purchases. Strategy repurchased 2.07 million STRC shares for approximately $204.9 million. Strive added 6,182 BTC this week, while BitMine acquired 10,452 ETH this week. The MSTR stock price fell 3.09% on October 26 as Strategy reported no Bitcoin purchases or sales in its weekly update. The update covered October 19 through 25. Shares traded at $141.50, down $4.51, or 3.09%, from the previous close of $146.01. The session’s early decline took the price to about $137 before it recovered to roughly $144.50 by late morning. That recovery remained below the previous close. Shares then retreated and moved mostly between $141 and $143 through early afternoon. Trading volume peaked near the open, then eased as the session continued.

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