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MSTR shares plunge 35% amid Bitcoin price drop, causing $13B paper losses and financing struggles.

Market News
26 Jun 2026
Blockonomi
View Source
Bearish
pluang ai news

Strategy (MSTR) shares have fallen nearly 35% over seven trading sessions, marking their worst decline since November 2022, driven by Bitcoin's drop below $60,000 to a low not seen since September 2024. The company holds about 844,000 BTC bought at an average of $75,600, resulting in unrealized losses over $13 billion. Additionally, MSTR's preferred shares (STRC) hit an all-time low, limiting the firm's ability to raise capital for further Bitcoin purchases and raising concerns about dividend sustainability. This financial strain has pushed MSTR's stock down more than 81% from its July 2025 peak, with potential for continued pressure if Bitcoin prices remain low.

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