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Strategy's bitcoin pivot fuels 521% 10-year gain but recent losses highlight high risk.

Market News
08 Jun 2026
24/7 Wall Street
View Source
Bearish
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Strategy, formerly MicroStrategy, transformed from a traditional software company into a bitcoin-focused firm after making bitcoin its main treasury asset in 2020. This shift led to a 521% return over ten years, outperforming the S&P 500, but recent bitcoin declines caused a sharp drop in stock value and a $12.44 billion net loss in Q4 2025. The company holds over 713,000 bitcoins, the largest corporate stash globally, but carries significant debt and dilution risks. Investors should consider Strategy only if they want leveraged bitcoin exposure, as the stock amplifies bitcoin's volatility.

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