On September 15, Strategy fell 3.15% in pre-market trading to $130.84/share, with turnover of $5.1248 million, as multiple headwinds converged.

On the macro front, the Federal Reserve's September 15-16 rate decision is imminent, with market-implied probability of a rate hike approaching 90%. All three major U.S. stock index futures edged lower, while Bitcoin fluctuated narrowly around $80,000 amid intensifying bull-bear battles.

On the company front, Strategy disclosed that it neither bought 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 purchases, raising market concerns over a potential slowdown in the company's signature Bitcoin accumulation strategy. Notably, the options market has also reflected rising bearish sentiment, with a $11.73 million dual-sell Call combination surfacing, signaling institutional caution on upside potential.

Earlier, multiple analyst firms had issued bullish calls on Strategy, including B. Riley raising its target to $175 and Alliance Global Partners initiating coverage at $217 with a Buy rating, while the consensus target stands at $230.83. The stock currently holds 845,050 BTC at an average cost of approximately $75,412.

(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.)