The MSTR stock price resumed its recent downward trend, reaching its lowest level this year as investors questioned the strategy announced on Monday. Strategy dropped to $83.50, down sharply from its all-time high of over $500. 

Strategy Shareholders Face Major Risks Ahead

Investors in Strategy have gone through a difficult period as the company has continued to underperform the broader market this year. Its stock has tumbled by nearly 50% since January, while the Nasdaq 100 Index has jumped by over 20%. 

At the same time, they have underperformed Bitcoin, which has dropped by 38% this year. All this happened as Michael Saylor and the team continued to dilute them by issuing…