Strategy stock buyback update (formerly MicroStrategy, stock ticker MSTR):



* Monday: MSTR rose 12.6% after Strategy Inc. announced a $2 billion stock buyback plan.

* Tuesday: The stock reversed most of its move, falling about 7.3% to $85.90, approaching its 52-week low ($81.81).

* Key pressure point:

* Bitcoin's drop below $59,000 negatively impacted sentiment towards stocks related to Bitcoin#GateCompletesDividendDistribution
BTC2.88%
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