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Michael saylor set the model back in 2020 when he reshaped a small software company, then known as microstrategy, into a major crypto holder now operating as strategy The company's strategy, modeled after microstrategy's bitcoin plan, involved a $250 million private placement to accumulate ethereum as a reserve asset. When bitcoin rallied earlier this year, strategy’s valuation climbed to about $128 billion in july
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Today, it is closer to $70 billion. Strategy's valuation is down from ~$128b in july to ~$70b Market confidence faded after trump’s.
But as bitcoin and ether prices tumble, so do these stocks
Strategy’s market value has fallen from roughly $128 billion in july to about $70 billion. Michael saylor pioneered the move in 2020 when he transformed a tiny software company, then called microstrategy , into a bitcoin whale now known as strategy But with bitcoin and ether prices now tumbling, so are shares in strategy and its copycats Strategy was worth around $128 billion at its peak in july
It is now worth about $70 billion. Selloff in bitcoin and ether is tanking shares of crypto‑treasury companies like strategy and bitmine
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