Strategies stock tumbled today, falling more than 8% in trading, as Bitcoin traded at a one-year low and the crypto risk asset came under fresh pressure.
The decline pushed MSTR’s stock price to levels not seen since late 2024, deepening a months-long downward trend that has made it the worst-performing stock on the Nasdaq this year.
Bitcoin’s weakness, which fell below key technical benchmarks over the weekend and early in the week, reverberated through the market, hitting crypto-related stocks particularly hard.
Share prices of major cryptocurrency platforms such as Robinhood and Circle also fell, highlighting the increasing correlation between Bitcoin prices and related stocks.
With more than 713,000 Bitcoins on its balance sheet, purchased at an average cost of nearly $76,000 per coin, the strategy is grappling with unrealized losses after Bitcoin recently fell below that level.
Despite the price drop, Chairman Michael Saylor has made it clear that Strategy will not sell any Bitcoin, and has in fact doubled down on its purchases despite the market decline, indicating that it intends to continue accumulating more Bitcoin.
Basically, he said in his message that he is comfortable holding onto stocks and adding to them even if prices are weak, rather than cashing out when prices fall.
Strategy bought more Bitcoin last week
Strategy announced earlier this week that it bought 855 Bitcoins for approximately $75.3 million, paying an average price of $87,974 per BTC, according to Monday’s filing.
The acquisition came just days before some rapid selling over the weekend pushed Bitcoin below $75,000, temporarily pushing Strategy’s treasury to nearly $1 billion in unrealized losses.
Currently, the price of Bitcoin is below the level of around $74,000.
The company currently holds 713,502 BTC, acquired at an average cost of $76,052 per coin, approximately $54.26 billion.
Last week’s acquisition was fully funded through the sale of common stock, following Strategy’s continued fundraising approach to fund Bitcoin purchases. The purchase of 855 Bitcoins was significantly smaller compared to the company’s previous purchases.
As of this writing, the price of Bitcoin has fallen below today’s $74,000, its lowest level in a year. Bitcoin prices are currently back over 40% from the all-time highs reached in late 2025.
To date, the one-year low for Bitcoin price was $74,747. Strategy stock started the day at $139.66 and is currently trading at $128.87. The 52-week high was approximately $450 per share.
