Strategy (MSTR) Shares' Trading Volume Surges to 2025 High on Dollar Reserve, Profit Forecast
CoinDesk
Strategy (MSTR) shares saw their highest trading volume since December 2024 as the stock fell following news of a new dollar reserve and adjusted profit outlook.Summary
Trading volume for Strategy (MSTR) shares surged to 42.9 million on Monday, the busiest day since December 20, 2024, despite the stock price dropping 3.25% to $171.42. The surge followed the Nasdaq-listed firm's announcement of a $1.44 billion reserve to support dividend payments on preferred stock and interest on debt. Strategy, the world's largest publicly listed bitcoin treasury asset holder with 650,000 BTC, also adjusted its full-year earnings forecast, projecting a range from a $5.5 billion net loss to a $6.3 billion net income, reflecting the recent 30% slump in the price of the world's largest cryptocurrency from its October high.
(Source：CoinDesk)