Movement Alert|Strategy Falls 4.44% in Regular Trading, Bitcoin Sinks Below $84,000 Amid Crypto Selloff

Market Focus
Yesterday

On October 7, Strategy fell 4.44% in regular trading, trading at $157.74/share, with Turnover of $253 million. The decline was driven by a sharp drop in Bitcoin, which fell below $84,000 after a rapid intraday crash of nearly $2,000 within 20 minutes, triggering approximately $400 million in leveraged long liquidations.

According to market data, the immediate catalyst for the selloff was a technical breakdown below key on-chain support, compounded by a small Bitcoin sale from Strategy itself worth about $2.5 million to fund dividend payments. Macro pressures, including rising 30-year Treasury yields reaching 5.7041% and a stronger dollar, also weighed on risk assets. As the world's largest corporate Bitcoin holder with 848,000 BTC, Strategy's stock remains highly sensitive to Bitcoin price swings, and the breakdown in Bitcoin below the $84,000 signal level directly pressured shares. The broader crypto-linked equity complex moved lower in tandem, with Coinbase and Robinhood also posting declines.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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