Mrzorro
04-09

Options Market Statistics: Strategy's Stock Slides After Bitcoin Decline Hits Company's Value


$MicroStrategy(MSTR)$  's stock fell over 10% on Tuesday. The most traded puts are contracts of $200 strike price that expire on Apr 11 and the total volume reaching 16,721 with the open interest of 18,324.

Strategy said it expects to report a loss for the first quarter of 2025, mainly because of a $5.91 billion drop in the value of its Bitcoin holdings.

The company owns 528,185 Bitcoins, bought at an average price of $67,485 each. Those holdings are now worth about $41.3 billion. A $1.69 billion tax benefit will help reduce the loss, but Strategy warned that its future profits are still uncertain due to the ups and downs of crypto prices.

Bitcoin has fallen to around $78,200, the lowest in five months, as investor worries grow over Donald Trump's proposed tariffs, which have hurt riskier investments like crypto.



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Comments

  • moonzo
    04-10
    moonzo
    Really insightful read, thanks for sharing! [Applaud]
  • Merle Ted
    04-13
    Merle Ted
    MSTR will tank when either they fail to issue June dividends payments, or sooner than that, the SEC releases a notice of fines and violations to shareholders on Non-GAAP financials.
  • Valerie Archibald
    04-13
    Valerie Archibald
    I think, BTC, MSTR ..all crypto assets could face down on Monday as Semiconductors & Computer related Stocks news dominated so far to be legit catalyst.
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