Strategy Shares Plunge as Saylor Focuses on Bitcoin, Analysts Warn

Key Facts

1Saylor founded Strategy, formerly MicroStrategy, in 1989.

2Saylor's net worth reached $3 billion as of Thursday's market close.

3Strategy's bitcoin investments made Saylor a billionaire again.

4Strategy shares are plunging as analysts caution against buying.

The sharp decline in Strategy (MSTR) shares highlights the risks of a bitcoin-centric corporate strategy. Billionaire Michael Saylor founded the company, formerly MicroStrategy, in 1989. His net worth reached $3 billion at Thursday’s close, thanks to bitcoin investments that returned him to billionaire status. But the stock is now plunging as analysts caution against buying, questioning the sustainability of the model.

According to market data, MSTR closed at $85.33 on June 25, 2026, after trading between $85 and $94.72 during the session. The drop comes as Saylor remains committed to pivoting the corporate treasury toward bitcoin, despite analyst warnings that the stock has become more tied to crypto volatility than to core business performance.

As of the June 25 close, MSTR was at $85.33, near the bottom of its recent range. The stock may remain under pressure amid ongoing bitcoin volatility and a lack of fresh catalysts. Investors are watching bitcoin price moves and potential regulatory comments, as any negative signals could drive further downside.