MSTR drops 59% in six months; even increasing Bitcoin holdings can't save the stock price

GasWrangler · 2026-01-01T13:00:12+00:00

MicroStrategy's stock has been declining continuously over the past six months, marking the first time since August 2020, with a total decrease of 59.30%. Despite the company's additional purchase of 1,229 Bitcoins in December, the stock price has not stabilized, indicating a clear disconnect between its accumulation strategy and market performance.

GasWrangler

2026-01-01 13:00:12

Abstract generation in progress

【Crypto World】Looking at recent data, it’s a bit heartbreaking—MicroStrategy’s stock has been falling for six months, marking the first time since August 2020 that this has happened. Specifically, from July to December last year, the stock price steadily declined, with a sharp drop of 16.78% in August alone, and even more severe in November, with a monthly decline of 34.26%.

By the end of the year, MSTR closed at $151.95, a total decline of 59.30% over six months. Comparing this performance to Bitcoin makes it even more ironic—BTC saw significant gains during the same period, while MSTR lagged behind. Even the Nasdaq 100 index rose by 20.17% last year, but MSTR clearly underperformed.

Interestingly, in late December, the company increased its Bitcoin holdings by 1,229 coins, showing a stance of steadfastness, but this move did not prevent the stock price from continuing to decline. It appears that institutional-level Bitcoin accumulation strategies are significantly disconnected from the performance of the secondary market.

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DefiOldTrickster

· 5h ago

Ha, calling it a benchmark against BTC and still losing, that's really impressive. Increasing holdings by 1229 coins can't save it, indicating the problem isn't with Bitcoin. --- What was Saylor thinking? Pouring money into buying coins and the stock price actually drops. I really can't understand this logic. --- The trend of MSTR is even worse than my arbitrage portfolio in 2017. I used to believe in the "institutional endorsement" theory too. --- A 59% decline—if this money had been directly shorting MSTR and going long on BTC, what would the annualized return be? Sigh. --- Institutions increasing their holdings just to try to save the stock price? Wake up, the market isn't that naive. The liquidation price has been calculated long ago. --- Ironically, their larger holdings of coins have become the reason for shorting, risk premium and all. --- Half a year down 59%, this level of operation is even worse than my on-chain automatic reinvestment, hilarious. --- MSTR insisting on benchmarking against BTC not only failed to bottom out but turned into negative leverage—that's the real bear market.

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AllInDaddy

· 5h ago

Let me look at this data... MSTR is really underperforming, holding coins and still losing to BTC, hilarious. The more they buy, the harder it drops. Is this what they call institutional premium? Why does increasing Bitcoin holdings seem to be a signal of shorting... MSTR's recent moves are really helping the bears cheer them on. It's already 2024 and they're still going all-in, brothers, wake up already. Institutions are bottom-fishing halfway up the mountain, how must that feel? Shouting to hold the line while the stock price collapses—are they just acting for us?

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TokenomicsTherapist

· 5h ago

Buying Bitcoin instead of falling into a dog, I really don't understand MSTR's move --- Holding more Bitcoin can still drop 59%, how bad can it get --- Bitcoin rises while MSTR falls, what's going on with this company --- 1229 Bitcoins can't save it, hilarious --- A classic example of institutional bottom-fishing, an unbeatable contrarian indicator --- Underperforming the index and still adding leverage, if that's not gambling what is --- This is called faith recharge, the wallet is getting emptier --- Mocking him to death, mocking all the way to the door, hitting the nail on the head --- If you're bullish on Bitcoin, just buy the coin directly, no need to get caught up in the shell --- MSTR = More So To Rekt?

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DevChive

· 5h ago

Buying Bitcoin is not as good as holding coins directly. Doing so to buy stocks also risks being dragged down by company losses, which is really ridiculous.

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