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Strategy CEO, Phong Le, has said that the company’s Structural Convertible Notes (STRC) product has outperformed the iPhone after it achieved a $5 billion milestone in cumulative revenue. Despite his remarks, the MSTR stock price outlook remains bearish. The stock posted a 3.11% drop on Tuesday and closed trading at $123. However, it was up 6.45% pre-market amid news of a two-week US-Iran ceasefire.
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