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MSTR Is Falling Harder Than BTC, and BTC Yield Turns Negative: Is Strategy’s “Buy Crypto” Narrative Failing?

As of November 6, 2026, Gate market data showed BTC briefly dipping to around \$75,200, down approximately 5%–6% from levels above \$80,000 the previous week. Over the same period, Strategy (MSTR) shares fell 9.29%, closing at \$129.30—nearly twice BTC’s decline. It is not surprising in itself that an asset long viewed as a “BTC stock proxy” shows greater volatility than the underlying asset during a downturn. The real question is this: with Strategy’s holdings now at 849,327 BTC, why is the equ
MSTR-2.54%
BTC-0.67%
STRC+0.14%
GateInstantTrends·11-06 09:48
MSTR Is Falling Harder Than BTC, and BTC Yield Turns Negative: Is Strategy’s “Buy Crypto” Narrative Failing?