Strategy, formerly MicroStrategy, has seen its stock price drop below $100 for the first time since early 2024, now trading around $94 and down 80% from its record high. The company holds 847,363 Bitcoin worth $51.6 billion, but its diluted market cap has fallen to $29.4 billion, near an all-time low relative to its Bitcoin holdings. Its STRC perpetual preferred equity, which raised $10.5 billion, has also sold off to $74.57, well below its $100 par value, signaling weakening sentiment. Strategy has not missed any dividend payments on its preferred equities, with the next semimonthly payout due July 15. The Motley Fool suggests long-term investors may find the stock compelling at current levels but cautions about high volatility and appropriate position sizing.
MicroStrategy IncorporatedStock price fell below $100, down 80% from record high, and market cap near all-time low relative to Bitcoin holdings.
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