The stock of Strategy Inc. (NASDAQ:MSTR), erstwhile MicroStrategy, fell 3.75% in premarket on Monday as Bitcoin (CRYPTO: BTC) continues to fall.
What Happened: As U.S. tariffs have been weighing on investor sentiment, the stocks are falling ahead of the so-called “Liberation Day,” or the day that “reciprocal tariffs” will be announced by the administration led by President Donald Trump.
Additionally, Bitcoin prices have been getting closer to the $80,000 per coin mark. BTC is down 12.7% in the first quarter, making it the worst first quarter of the year since 2018.
Full story available on Benzinga.com