Strategy stock down 41% in June, set for worst month since 2022

Strategy (MSTR) stock is down approximately 41% in June and is on track to post its worst monthly performance since 2022, CoinDesk reported. If the stock closes lower for the month, it will mark the 11th down month out of the last 12. MSTR hit an all-time high of $540 per share in November 2024, but its decline has continued since the launch of its perpetual preferred stock, STRC, in July of the following year. While STRC has a higher repayment priority than common stock, making it less volatile, the need to issue additional common shares to fund STRC dividends has fueled dilution concerns, deepening the stock's slump. Since STRC's listing, Bitcoin has fallen by about 50%, while MSTR has dropped by approximately 77%. Meanwhile, Bitcoin is down 20% in June, marking its third consecutive quarterly loss.