Bitcoin Magazine
Strategy ($MSTR) Plummets 8% As Bitcoin Hits One‑Year Lows
Shares of Strategy plunged today, dipping more than 8% in trading as Bitcoin traded at new one-year lows and crypto risk assets came under renewed pressure.
The decline pushed MSTR’s share price to levels not seen since late 2024, deepening a multi‑month downtrend that has left the stock among the worst performers on the Nasdaq this year.
Bitcoin’s slump — dipping below key technical thresholds over the weekend and early week — has reverberated through markets, hitting crypto‑linked equities especially hard.
Shares of major crypto platforms, like Robinhood and Circle also lost ground, highlighting the increasing correlation between Bitcoin prices and related stocks.
With over 713,000 Bitcoins on its balance sheet, purchased at an average cost near $76,000 per coin, Strategy is grappling with unrealized losses after Bitcoin’s recent slide below that level.
Despite price dips, C
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