Strategy (MSTR) shares have plunged below $100: a return to the lows of March 2024.
The market is once again reminding investors of the high volatility associated with stocks of companies focused on cryptocurrencies. On June 24, 2026, shares of Strategy Inc. (MSTR) briefly dipped below the psychological mark of $100, a level not seen since March 2024. At the time of the drop, Bitcoin was trading near $61,300, underscoring the direct correlation between the company's stock and the price of the leading cryptocurrency.
This decline is not just a local glitch. It demonstrates how sensitive Strategy's shares are to bearish sentiment in the digital asset market. During periods of general pressure, the company's stock acts as a kind of "lever," amplifying the movement of the underlying asset.
MSTR tests multi-year lows
The trading session opened at $102, but during the session, the price broke through the $100 level, reaching $99 on noticeably higher volumes. This continues the downward trend after the previous session closed at $103.84. For comparison, throughout 2024 and early 2025, the shares consistently stayed above $100, peaking above $450 in late 2024. Thus, the current decline represents a drop of over 75% from all-time highs.
Cryptalist Analysis: MSTR falling below $100 is not just a technical signal but also a marker of sentiment among major institutional players. Until Bitcoin recovers levels above $70,000, pressure on Strategy's shares will persist, and the current $90–100 zone could become a key support area or a point for further collapse. Investors should closely monitor trading volumes and the actions of Michael Saylor — any move to sell BTC from the company's treasury will act as a catalyst for a new wave of sell-offs.