T radingKey – Strategy’s share price has fallen for eight consecutive trading days, losing a cumulative 36%, and may continue to slide toward $65 in the short term.
On June 26, Eastern Time, the Bitcoin proxy stock Strategy ( MSTR) continued to edge lower in pre-market trading, temporarily hovering at $85.25. Yesterday, the company’s share price fell to $85.33, touching its lowest level since February 2024. Since June 15, Strategy has fallen for eight consecutive trading days, with a cumulative decline of 36%, far exceeding Bitcoin’s ( BTC) 10% drop over the same period.
Strategy stock price chart, Source: TradingView
The slump in Strategy’s stock price is not simply due to the pullback in Bitcoin prices, but also involves a structural…
