Strategy's stock price has dropped approximately 75% from its all-time high of $540 in November 2024, now trading near $141. This marks the seventh consecutive month of decline, with the potential for an eighth if the trend continues in February. The company's stock has underperformed compared to Bitcoin, which has fallen about 40% from its peak last October.
Despite the downturn, Strategy's market capitalization to Bitcoin Net Asset Value (mNAV) ratio remains above 1 at 1.09, allowing the company to raise funds for Bitcoin purchases through public stock offerings. However, further declines in stock price could limit future Bitcoin acquisitions. During the 2022 bear market, Strategy raised $275 million to buy around 10,000 Bitcoins.
Strategy's Stock Plummets 75% from Peak, Faces Eighth Month of Decline
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