On September 4, Strategy declined 5.22% in regular trading, trading at approximately 140.33 USD/share, with turnover of 688 million USD. The stock had surged 12% in the prior session, leading the crypto concept sector, and the current pullback is primarily attributed to profit-taking and a broad-based retreat across crypto-linked equities.

On the news front, MSCI has been considering rules that could potentially remove Strategy from its global equity indices, a risk that continues to weigh on valuation. Meanwhile, Strategy CEO Phong Le recently confirmed that the company sold approximately 7,000 BTC at $60,000–$65,000 to fund preferred stock dividends, subsequently repurchasing 4,603 BTC at an average price of $80,318 for a total of $369.7 million. The company currently holds 845,050 BTC with an average cost of $75,412 and a floating profit of roughly $2.54 billion.

In the options market, bull-bear divergence has intensified, with a bearish call spread netting $890,000 in premium alongside a bullish call spread costing $911,600, signaling institutional disagreement over near-term direction. Across the sector, Circle fell 3.52% and BitMine declined 4.01%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)