Strategy Stock Has Outperformed Bitcoin Since January 2024. Should Investors Be Worried About Its Recent 20% Pullback?
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Since January 2024, it's hard to find a better-performing stock than Strategy (NASDAQ: MSTR). It's up a mind-blowing 450%. Using a strategy to accumulate as much Bitcoin (CRYPTO: BTC) as it can, it has far surpassed the performance of Bitcoin, which has risen only 167%.During the summer, Strategy (the company formerly known as MicroStrategy) soared to 450. But since mid-July, storm clouds have appeared. Strategy now trades around $350. Should investors be worried?One reason for concern is the change in sentiment in the crypto market. Bitcoin treasury companies like Strategy once looked innovative, imaginative, and forward-looking. Now, they just look like a gimmick.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool