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Strategy shares down 30% since Saylor's Forbes cover

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. -shares-down-30-since-saylor-s-forbes-cover.html
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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Strategy (MSTR) shares have fallen 30% since its executive chairman and former CEO, Michael Saylor, was featured on the cover of Forbes, according to stock price data from Yahoo Finance. Between Jan.
The article from MSN Money discusses the significant decline in the value of Strategy Shares, a company led by Michael Saylor, which has seen its stock plummet by 30% since Saylor appeared on the cover of Forbes. This downturn is attributed to broader market trends affecting tech stocks, particularly those involved in cryptocurrency, as well as specific concerns about Strategy Shares' heavy investment in Bitcoin. Saylor, known for his bullish stance on Bitcoin, has faced criticism for his strategy, especially as the crypto market experienced volatility. The article highlights the risks associated with tying a company's fortunes closely to the volatile crypto market, questioning the sustainability of such a business model in the face of regulatory scrutiny and market fluctuations.

Read the Full Cointelegraph Article at:
[ https://www.msn.com/en-us/money/markets/strategy-shares-down-30-since-saylor-s-forbes-cover/ar-AA1ADXiq ]