MicroStrategy Shares Drop 11% Amid Plans to Expand Bitcoin Holdings 

Shares of MicroStrategy Inc. fell sharply on Monday, dropping over 11%, as Bitcoin dipped below $82,500. The decline followed the company’s announcement of plans to raise up to $21 billion to further increase its Bitcoin reserves. 

MicroStrategy, which already holds nearly 500,000 BTC valued at approximately $40 billion, intends to issue a new class of shares called “perpetual strike preferred stock” to fund the expansion. This move comes despite the company reporting a $3 billion loss on its Bitcoin investments since November. 

By 11:10 am ET, MicroStrategy’s stock price had plummeted 11.74% to $253.12, reflecting investor unease over the risks tied to its aggressive Bitcoin strategy. The market reaction underscores growing concerns about the volatility and financial impact of large-scale cryptocurrency investments. 

Stay tuned to Danchima Media for more updates on this developing story.

• Russia charges Telegram’s Durov for aiding ‘terrorist activity’
  Spread the love        Russia’s Federal Security Service (FSB) said on Wednesday that Telegram founder Pavel Durov has been charged with aiding “terrorist… Read more: Russia charges Telegram’s Durov for aiding ‘terrorist activity’
• 
  Eurozone Unemployment Holds Steady at 6.3% in June as Finland and Spain Record Highest Jobless Rates
  Spread the love         Eurozone unemployment remained unchanged at 6.3% in June 2026, while EU unemployment stayed at 6%. Finland and Spain… Read more: Eurozone Unemployment Holds Steady at 6.3% in June as Finland and Spain Record Highest Jobless Rates
• 
  Mercedes-Benz Q2 Revenue Tops Forecast Despite Decline in Vehicle Sales
  
  Spread the love        Mercedes-Benz reported €32.1 billion in Q2 revenue, surpassing analyst forecasts despite lower overall vehicle sales. The standout performer is… Read more: Mercedes-Benz Q2 Revenue Tops Forecast Despite Decline in Vehicle Sales<br>
• 
  Ukraine Says It Struck Russian Energy Infrastructure
  
  Spread the love         KYIV, Ukraine — Ukrainian President Volodymyr Zelensky said on Monday that Ukrainian forces had carried out strikes on… Read more: Ukraine Says It Struck Russian Energy Infrastructure<br>
• 
  Putin Accuses Russia’s Opponents of Using ‘Terrorist’ Tactics, Vows to Achieve Military Goals
  Spread the love        Moscow — Russian President Vladimir Putin has accused Russia’s adversaries of resorting to what he described as “terrorist” tactics,… Read more: Putin Accuses Russia’s Opponents of Using ‘Terrorist’ Tactics, Vows to Achieve Military Goals