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.
MicroStrategy, a maker of business-intelligence software, turned to bitcoin two years ago as...
Read more on fnlondon.com