# Bitcoin's Slide Drags Its Biggest Corporate Buyer to a Two-Year Low, MSTR Slips Under $100

> Strategy (MSTR) shares fell below $100 for the first time in more than two years as Bitcoin sank to a two-week low. The stock is now down more than 38% over the past month.

**Type:** article · **Category:** Market · **Published:** 2026-06-24 · **Source:** TrendKia
**Canonical:** https://trendkia.com/en/market/bitcoin-ki-giravata-ne-duboya-mstr-do-sala-men-pahali-bara-100-dolara-se-niche-phisala-sheyara-2745 · **Language:** English
**Tags:** Strategy, MSTR stock, Bitcoin, Michael Saylor, crypto treasury, Bitcoin ETF, STRC shares

Strategy (MSTR), the company that holds more Bitcoin on its balance sheet than any other firm, watched its stock tumble to its weakest level in over two years on Wednesday, dragged down as Bitcoin slid to a two-week low and unease swirled around the $52 billion crypto hoarder.

Roughly half an hour into Wednesday's session, MSTR sank as low as $97.30 and was recently changing hands at $98.05, a fall of nearly 5.5% on the day.

The drop deepens a brutal stretch for the company's common stock, which has shed about 20% in the past week and more than 38% over the past month.

## Back below $100 for the first time since 2024
Historical data shows the last time MSTR slipped under $100 was March 1, 2024, when Bitcoin was changing hands at roughly today's level, somewhere in the $61,000 to $62,000 range.

Both have soared and crashed in the time since. Strategy's stock climbed past $400 in 2025 as Bitcoin surged on the back of President Donald Trump's friendlier crypto policies and the wave of optimism that swept through crypto traders.

## Bitcoin down more than 50% from its peak
Bitcoin notched a fresh all-time high above $126,000 last October, but has since cratered more than 50% to a recent $60,935, its lowest in two weeks. The leading digital asset has been pummeled as investors pull out of Bitcoin ETFs in favor of bigger potential payoffs in AI stocks, while the Fed strikes a more hawkish tone.

As the largest corporate holder of Bitcoin and the creator of the crypto treasury playbook that other coins copied last year, Strategy's own buying has propped up BTC during rallies, and arguably cooled the mood during downturns.

## Saylor's 'never sell' mantra cracks
Bitcoin has failed to bounce back since dropping under $70,000 near the start of June, right around the moment Strategy revealed its first BTC sale since 2022, breaking the 'buy and never sell' creed that co-founder and executive chairman Michael Saylor had preached for years. The firm has since padded its cash reserves to $1.4 billion following STRC's stumble.

## STRC shares take a beating too
Strategy's STRC preferred shares, which have bankrolled billions of dollars in Bitcoin purchases for the company this year, have also been hit hard amid mounting worry that the firm may need to offload more BTC to cover its dividend obligations.

Built to trade near $100, STRC sank to a low of $82.53 last week and is sliding again on Wednesday. It was last trading at $84.35, down 3.4% on the day.

## What this means for you
**For investors:**

- MSTR holders are taking a heavy hit, with the stock down more than 38% in a month and now below $100 for the first time in two years.
- Bitcoin owners have watched their holdings drop more than 50% from October's $126,000 peak to around $60,935.
- STRC preferred shareholders face added risk, as the company may need to sell more Bitcoin to cover its dividend payments.

## Questions & Answers

### 1. How low did MSTR stock fall on Wednesday?
It dropped as low as $97.30 and was recently trading at $98.05, a nearly 5.5% decline on the day.

### 2. When did MSTR last trade below $100?
On March 1, 2024, when Bitcoin was also in the $61,000 to $62,000 range, just like today.

### 3. How much has MSTR fallen recently?
About 20% over the past week and more than 38% over the past month.

### 4. Where does Bitcoin stand compared to its peak?
It hit an all-time high above $126,000 last October and has since fallen more than 50% to about $60,935.

### 5. How was Michael Saylor's 'buy and never sell' approach broken?
Strategy disclosed its first Bitcoin sale since 2022 around early June, breaking the long-held stance.

### 6. Why are STRC preferred shares falling?
Investors fear the company may have to sell more Bitcoin to meet dividend obligations; STRC was trading at $84.35, down 3.4% on the day.

### 7. Why is Bitcoin under pressure?
Investors are pulling money out of Bitcoin ETFs in favor of AI stocks, and the Fed has adopted a more hawkish tone.

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