Strategy shares fall 12.74% in a month to $146.01 ahead of Q3 earnings
- —Monthly decline equals $21.32 per share; one-year return is -48.8%
- —Strategy holds 848,517 BTC with a market cap of $61.67 billion
- —Debt stands at $67.14 billion, preferred stock at $135.57 billion
- —Q3 earnings are due Oct. 29 after the US close
Why it matters: MSTR's slide is a gauge of institutional appetite for bitcoin exposure via equities; the Oct. 29 report will show how BTC's drawdown hit its treasury.
Source: TokenPost