economy
February 2, 2026
Strategy slides after bitcoin briefly dips below crypto firm's key breakeven level
Bitcoin fell as low as about $74,500 early Monday, dipping below Strategy's average purchase price of $76,052 per token.
TL;DR
- MicroStrategy stock fell 8% on Monday.
- Bitcoin's price dropped below MicroStrategy's average purchase price of $76,052 per token.
- The company holds approximately $56 billion in Bitcoin.
- Bitcoin's decline is linked to geopolitical concerns and potential U.S. monetary policy changes.
- Investor rotation out of risk-on assets and forced liquidations contributed to Bitcoin's plunge.
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