A post by @saylor on X.
Today was a 4σ day for equities. The S&P 500 fell 4.4% and the Nasdaq fell 5.5%, a decline seen roughly once every 19 months. Bitcoin fell about 5%. $STRC closed at $99.56, just 44 cents below par.
@saylor on X
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
Michael Saylor flagged a 4-sigma risk event after the S&P 500 dropped 4.4% and the Nasdaq fell 5.5%, a magnitude of decline he said occurs roughly once every 19 months. Bitcoin also declined about 5% during the session, while Strategy's $STRC preferred stock closed at $99.56, just 44 cents below its $100 par value. The comparison matters because STRC's narrow discount suggests the preferred instrument held up far better than the sharp equity selloff and bitcoin's pullback. Saylor's framing of the move as a statistical outlier implies the decline was driven by broad de-risking rather than fundamentals specific to crypto or Strategy.
Muhabbit's AI wrote this summary of @saylor's post in its own words. It can get details wrong, so read the post on X.
Named in this story
S&P 500, Nasdaq, Bitcoin (BTC), STRC, Michael Saylor
A linked name opens that asset's sentiment page.