Strategy Shares Fall 5% to $145.80 During Broad U.S. Selloff

Strategy’s Class A shares (NASDAQ: MSTR) fell 5% to $145.80 on Thursday, Oct. 22, down $7.68 from the previous session’s close of $153.48. The decline coincided with losses across major U.S. stock indexes, but those moves do not establish a specific trigger for the stock’s drop. The Nasdaq Composite fell 2.6% to 26,008.86, while the S&P 500 dropped 1.2% to 7,663.43. Strategy held 848,517 Bitcoin (BTC) as of Oct. 18. Its aggregate purchase price was $64.02 billion, with an average cost of $75,446 per coin.