Michael Saylor Flags Sharp Market Selloff as Nasdaq Crashes 5.5%
Strategy founder Michael Saylor compared a sharp Nasdaq sell-off and bitcoin's retreat with the price action of Strategy's STRC preferred stock, which has returned to its $100 benchmark. He also pointed to the company's shift to daily dividends. The remarks frame recent equity and bitcoin weakness as a broader market selloff rather than a company-specific problem for traders to weigh.
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