MSTR Shares Implodes as BTC and Investor Sentiment Both Plummet

Quick Read

• MicroStrategy (MSTR) dropped 40% from October highs as Bitcoin fell from $104,050 to $90,903.

• MicroStrategy owes $700M in annual preferred stock dividends but CEO Michael Saylor vowed never to sell Bitcoin.

• Reddit traders turned bearish and questioned whether MSTR can sustain payouts without raising new capital.

• It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started. See for yourself (Sponsor)
  DISCLOSURE:

  Customer must fund their Active Invest account with at least $50 within 45 days of opening the account. Receive a minimum of $15. Probability of member receiving $3,000 is a probability of 0.026% If you don’t make a selection in 45 days, you’ll no longer qualify for the promo. Percentages for the $3,000 are subject to decrease. See full terms and conditions.

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