Strategy stocks crashed below $100 as Bitcoin fell to $60,000

Shares in Bitcoin Treasury giant strategy (MSTR) fell to its lowest price in more than two years on Wednesday as the price of the leading cryptocurrency fell to a two-week low — and as concerns grew over Bitcoin’s $52 billion pool.

MSTR shares fell to a low of $97.30 on Wednesday, about 30 minutes after the opening bell, and were most recently trading at $98.05, per data from Yahoo Finance– Down about 5.5% so far on the day.

The recent decline has accelerated the recent decline in Strategy’s common shares, which are down about 20% in the past week and more than 38% over the past month.

According to Yahoo Finance historical data, the last time MSTR traded below $100 was on March 1, 2024, when Bitcoin was trading at roughly the same price as it is today – in the $61,000 to $62,000 range.

Both MSTR and Bitcoin have risen and then fallen significantly since then. Strategy stocks peaked above $400 in 2025 as Bitcoin soared in the wake of President Donald Trump’s more crypto-friendly policies and optimism that has erupted among crypto traders.

Bitcoin itself hit a new all-time high above $126,000 last October, but has since fallen more than 50% to a recent price of $60,935. This is the lowest price seen in two weeks for the top digital asset, which has come under pressure from investors Escape Bitcoin ETFs And embrace greater potential gains Artificial intelligence stock tradingand the Federal Reserve Bank He adopts a tougher tone.

As the largest holder of Bitcoin and the inventor of the cryptocurrency treasury model that spread to other coins last year, Strategy’s own moves helped boost Bitcoin during bullish times — and arguably also dampened enthusiasm amid bearish volatility.

Bitcoin has struggled to recover after falling below the $70,000 level around the beginning of June, around the time the strategy revealed its price. First Bitcoin sale since 2022shattering the “buy and never sell” ethos that company co-founder and executive chairman Michael Saylor had espoused for years.

Strategy’s preferred shares of STRC, which have fueled the company’s billions of dollars worth of bitcoin purchases so far this year, are also higher. He was beaten Amid growing concerns that the company will have to sell more Bitcoin to meet dividend payment obligations.

While STRC stock was designed to trade near $100, it fell to a low of $82.53 last week, and is falling again on Wednesday. As of this writing, STRC is trading at $84.35, down 3.4% on the day.