shares cratered, down 23% on the month near the $104 low.
MSTR cratered after the Saylor sale, falling 23% on the month and nearing its $104 52-week low.
The disclosure forced a regime shift as the market began pricing a Saylor who sells, breaking the prior “never sell” spell. MSTR then dropped sharply, trading far below its prior high and much closer to its 52-week low, signaling the sale’s market impact outweighed the small 0.004% position reduction.