🔴 MicroStrategy is trading 4.15% down in pre-market as broader risk-off pressure hit technology and crypto-linked assets

MicroStrategy is trading 4.15% down at $127.42 after broader risk-off pressure hit technology and crypto-linked assets.

• Bitcoin is down 1.56% since the last close; the Nasdaq Composite is down 1.32% and the S&P 500 is down 0.63%.
• Reuters reported Japan’s 10-year yield reached 3% on September 1, intensifying global bond-market and rate concerns.
• The August 31 Bitcoin purchase was supportive but does not explain today’s decline.