Bitcoin\u2019s (BTC) sharp sell\u2011off has intensified pressure on Strategy, the company formerly known as MicroStrategy, even as it continues to expand its already massive cryptocurrency holdings. On Monday, the firm disclosed another BTC purchase at a time when prices were sliding to levels not seen in almost a year.<\/p>\n
According to a securities filing <\/a>released on Monday, Strategy acquired an additional 855 Bitcoin over the prior seven days, paying an average price of about $87,974 per token. The transaction amounted to roughly $75.3 million and further increased the company\u2019s exposure to Bitcoin.<\/p>\n The timing of the purchase, however, coincided with a steep downturn in the broader crypto market. Bitcoin fell below Strategy\u2019s average acquisition cost toward $74,500, adding to investor unease.\u00a0<\/p>\n That price sat slightly below Strategy\u2019s reported <\/a>average purchase price of $76,052 per Bitcoin, raising concerns that the company\u2019s sizable holdings could move underwater if the decline deepens.<\/p>\n Market reaction was swift. MSTR fell 8% on Monday as Bitcoin slid below that average cost level. When Bitcoin briefly sank to its lowest point since April 2024, the value of Strategy\u2019s total Bitcoin holdings stood at approximately $53.1 billion.\u00a0<\/p>\n A subsequent rebound toward around $79,000 lifted the valuation of the company\u2019s Bitcoin position <\/a>beyond $55 billion, offering some relief but little clarity on near\u2011term direction.<\/p>\n So far, Strategy\u2019s shares have suffered a steep decline. The stock is down 48% in 2025, making it the worst performer in the Nasdaq 100 index. For comparison, the second\u2011worst stock in the index, Charter Communications, has fallen 39% over the same period, underscoring the scale of Strategy\u2019s underperformance.<\/p>\n Amid these challenges, Strategy is also scheduled to release its fourth\u2011quarter 2025 results on Thursday. Wall Street expectations <\/a>suggest modest top\u2011line pressure but a sharp improvement in profitability.\u00a0<\/p>\n The Zacks Consensus Estimate calls for fourth\u2011quarter revenue of $119.6 million, representing a 0.91% decline from the same period a year earlier. Earnings, however, are projected at $46.02 per share, unchanged over the past month and a dramatic turnaround from a loss of $3.20 per share reported in the prior\u2011year quarter.<\/p>\n Analysts expect the company\u2019s fourth\u2011quarter performance to reflect continued financial momentum, driven largely by Bitcoin\u2011related gains <\/a>and disciplined capital allocation.\u00a0<\/p>\n By the end of January 2026, the firm\u2019s Bitcoin holdings had climbed to approximately 712,647 BTC, up from 640,808 as of Oct. 26, 2025, further increasing its sensitivity to price movements in the digital asset.\u00a0<\/p>\nWorst In The Nasdaq 100<\/h2>\n