On September 15, Strategy fell 3.94% in regular trading, trading at $131.585/share, with turnover of $146 million. The decline came amid a confluence of macro and company-specific headwinds pressuring the stock.

On the macro front, the Federal Reserve is set to announce its rate decision on September 15-16, with market-implied probability of a 25-basis-point hike approaching 90%, pushing the federal funds rate target range to 3.75%-4.00%. U.S. equity index futures broadly retreated, while 10-year Treasury yields neared 5%. Meanwhile, bitcoin pulled back to around $77,800 from above $79,000 earlier, as the U.S. Senate prepares for a procedural vote on the Digital Asset Market Clarity Act, adding regulatory uncertainty.

On the company front, Strategy disclosed that it neither purchased nor sold any bitcoin during September 8-13, with its dollar reserves declining by $140 million to $6.4 billion. This marks the second consecutive week without bitcoin acquisitions, raising market concerns that the company's aggressive bitcoin accumulation strategy may be slowing. Additionally, options market activity showed a $11.73 million dual sell-Call combination on MSTR, signaling institutional caution toward near-term upside potential.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)