Shares of MicroStrategy tumbled 13 June as investors fretted over what a brutal selloff in cryptocurrencies would mean for the software company’s finances.
The stock fell $51.21, or 25%, to $152.15 and has lost more than 70% of its value this year.
Fintech
MicroStrategy stock plunges 25% on bitcoin fall
MicroStrategy CEO Michael Saylor: 'We don’t expect to receive a margin call, and the company has plenty of additional collateral should we need to post more'
