Strategy Shares Fall Below $100 as Bitcoin Declines to Two-Week Low
Shares of Bitcoin treasury giant Strategy dropped below $100 for the first time since March 2024, coinciding with a dip in Bitcoin prices, which fell to $60,935. The developments signal growing investor concerns surrounding the $52 billion Bitcoin accumulator and were reported by Decrypt.
On June 24, 2026, shares in Strategy (MSTR), known for holding significant Bitcoin reserves, fell below $100, hitting a low of $97.30 shortly after the market opened. This marks a notable drop of about 5.5% for the day and continues a downward trend where Strategy's shares have plummeted roughly 20% in the last week and over 38% in the past month.
The decline occurs alongside Bitcoin's own slump to $60,935, a price not seen in two weeks. Bitcoin was previously trading in the $61,000 to $62,000 range during a similar price movement in early March 2024. Both the cryptocurrency and Strategy shares surged to high values last year amid favorable market conditions, with MSTR shares peaking above $400 as Bitcoin reached an all-time high of over $126,000 in October 2025.
The latest fall in Bitcoin's value corresponds with shifting investor sentiments as many move away from Bitcoin exchange-traded funds (ETFs) and toward stocks in the artificial intelligence sector. The Federal Reserve's more aggressive stance on interest rates also contributes to this market uncertainty. Strategy has faced scrutiny after reporting its first Bitcoin sale since 2022, a departure from its longstanding strategy of buying and holding.
Concerns grow regarding Strategy's financial obligations, particularly surrounding its preferred shares (STRC) that are designed to trade near the $100 mark. STRC shares fell to $82.53 last week amid fears that the firm may need to liquidate additional Bitcoin to satisfy dividend payments. These movements have raised questions about the sustainability of its Bitcoin accumulation strategy and future sales.
Market watchers are now monitoring the relationship between Bitcoin's price and Strategy's operational decisions, particularly how further fluctuations could impact investor confidence in both the cryptocurrency and Strategy's securities.
Summary based on original reporting by Andrew Hayward at Decrypt, originally published Jun 24, 2026. SolanaWire does not republish source content.
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