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Bloomberg: Strategy stock has lost nearly half of its market value due to cryptocurrency decline

On March 11, according to Bloomberg, Strategy (formerly MicroStrategy) shares fell sharply, nearly halving from their peak, as investors worried about economic headwinds and withdrew cryptocurrency-related bets that had previously benefited from the election of Donald Trump. Shares in Strategy fell 17 per cent to $239.27 on Monday, after falling 49.5 per cent since its record close of $473.83 in November.