Strategy’s Bumpy Ride: Why Your Bitcoin Dreams Might Be a Bit Dampened

Ah, Strategy (or as I prefer to call it, MicroStrategy’s slightly less micro obsession) has been having a bit of a rough patch-think of it as the financial world’s version of stepping into a puddle and then realizing it was an ocean all along. Since July, this particular stock has been on a downward spiral, logging five straight months of negativity. Yes, you read that right, five!

It all kicked off with a tiny 1% stumble in August, which might seem like just a warm-up, but it quickly escalated into a full-blown financial soap opera. By November, the company’s stock had taken a 37% nosedive-oh yes, that’s not just a stumble but a full-blown faceplant. If this were a roller coaster, you’d be forgiven for holding on tightly and hoping for the ride to end soon.

$MSTR has fallen five straight months, and November is currently its second-worst month since adopting the Bitcoin strategy.

Max pain.

– Mark Harvey (@thepowerfulHRV) November 23, 2025

This plunge means it’s on track to plunge deeper than a procrastinating student’s motivation in the final week of term. As of now, the stock’s looking at the second-worst month since cryptos and corporate machinations became best buddies back in August 2020. Yikes.

Strategy’s Dark and Stormy Night

Once upon a time, Strategy-formerly MicroStrategy-traded at a juicy premium compared to its Bitcoin holdings’ net asset value (fancy speak for how much the assets are actually worth). But just like a balloon deflating at a kiddie’s party, that premium has shrunk faster than a snowman in summer. Investors are now less inclined to pay extra for what’s essentially a fancy Bitcoin IOU.

This mini market tantrum has made raising fresh capital slightly more challenging; apparently, nobody wants to buy a stock that’s giving the emotionally charged impression that it’s just as fragile as a souffle in an earthquake.

Meanwhile, the broader market has been doing its best impression of a groggy bear, with tech and AI stocks-those beloved darlings of the recent investing bonanza-remaining under pressure. Investors, in a bold act of conservatism, are pulling back, probably humming the “Why did I buy this?” tune.

To top it all, uncertainty around what the Federal Reserve might do next has everyone clutching their wallets. Bitcoin, in a particularly dramatic twist, has slipped below the hallowed $80,000 mark, which might be a sigh of relief or just a prelude to even more chaos-time will tell.

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2025-11-23 21:14