Strategy Stock Erases Nearly Half Its Value as Crypto Slumps
(Bloomberg) -- Shares of Michael Saylor’s Strategy fell to nearly halfway below their peak as investors fret about economic headwinds and retreat from cryptocurrency-related bets that initially benefited from Donald Trump’s election win. Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because