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Caleb Franzen provides a breakdown of market cap changes for Strategy following the launch of STRK on January 31, 2025.
Franzen notes that Strategy's market cap was $84Bn at the time of STRK's debut and has since declined to $33Bn, a drop of $51Bn. He also points out that the combined market cap of STRK, STRC, and STRF is around $9Bn, resulting in a net decrease of $40Bn for the listed assets.
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Franzen has tracked recent market milestones in other sectors as well. He noted that new stock market highs have marked an ongoing bull market. Franzen also observed an 8 percent decline in crude oil futures as the contracts tested their 200-day moving average.