Strategy sees first 6-month stock decline since adopting Bitcoin strategy

Strategy (MSTR) has recorded its first six-month consecutive stock price decline since adopting its Bitcoin treasury strategy in 2020, CoinDesk reported. Citing monthly return data shared by cryptocurrency analyst Chris Millhas, the report noted that MSTR's stock fell continuously from July to December of last year, with particularly sharp drops in August (-16.78%), October (-16.36%), November (-34.26%), and December (-14.24%). In contrast, Bitcoin's performance was more resilient over the same period, with a six-month decline of 27.36%. Millhas observed that while Strategy's stock has historically rebounded quickly after major drops, the current prolonged decline is an exception, suggesting a potential structural repricing of the company's value.