Strategy's stock price has fallen for seven consecutive months and is currently down approximately 75% from its all-time high in November 2024.

PANews reported on February 3rd that, according to CoinDesk, Bitcoin treasury company Strategy's stock price is currently near $141, down approximately 75% from its all-time high of around $540 in November 2024, marking its seventh consecutive month of decline. If it continues to fall in February, it could potentially experience its eighth consecutive month of decline. Compared to Bitcoin's price decline of approximately 40% from its all-time high last October, MSTR's stock performance has lagged by about 35 percentage points. The company's market capitalization to Bitcoin Net Asset Value (mNAV) ratio is currently 1.09, still above 1, meaning the company can still raise funds to purchase Bitcoin through public offerings of common stock.

However, if the stock price falls further, the scale of future Bitcoin purchases may shrink. If mNAV falls below 1, the company may be forced to suspend purchases and wait for a market rebound. In the last bear market (2022), Strategy raised only $275 million and used that money to purchase approximately 10,000 Bitcoins.