Michael Saylor Addresses Selloff as Strategy Shares and STRC Hit 52-Week Lows
By
Tyler Durden
Summary
Michael Saylor responded to the selloff in Strategy's stock (MSTR) and preferred shares (STRC), which both hit 52-week lows, with a statement on X emphasizing focus on Bitcoin, disciplined capital allocation, and long-term value creation. MSTR has dropped over 80% from its all-time high.
Source
Key quotes
· 3 pulledVolatility tests every capital structure.
Strategy remains focused on Bitcoin, disciplined capital allocation, credit quality, and long-term value creation.
We appreciate our investors and will continue to execute with transparency and resolve.
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