{"id":132494,"date":"2026-02-04T18:15:28","date_gmt":"2026-02-04T18:15:28","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=132494"},"modified":"2026-02-04T18:15:28","modified_gmt":"2026-02-04T18:15:28","slug":"strategy-mstr-shares-sink-over-20-in-5-days-as-bitcoin-crashes-to-72000","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=132494","title":{"rendered":"Strategy ($MSTR) Shares Sink Over 20% in 5 Days as Bitcoin Crashes to $72,000"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Strategy ($MSTR) Shares Sink Over 20% in 5 Days as Bitcoin Crashes to $72,000<\/a><\/p>\n

<\/div>\n

Shares of Strategy ($MSTR) plunged again today as Bitcoin\u2019s sell\u2011off deepened, reinforcing the tight correlation between the world\u2019s largest corporate Bitcoin holder and the digital asset\u2019s price action.<\/p>\n

Bitcoin cratered toward<\/a> $72,000, extending losses to levels not seen since late 2024, while MSTR shares tumbled roughly 9% on the session, dipping to intraday lows near $121.19.<\/p>\n

At current levels the stock is down roughly 15% year\u2011to\u2011date and a staggering 72% from its November 2024 peak.<\/p>\n

The drop in Bitcoin \u2014 now hovering near $72,000, far below the multi\u2011year highs seen in 2025 \u2014 has rippled across the broader crypto complex.\u00a0<\/p>\n

With sentiment souring and tactical traders eyeing technical support levels near<\/a> the mid\u2011$60,000 range, risk assets have taken on a pronounced downbeat tone<\/a>.\u00a0<\/p>\n

Commentary from market strategists has ranged from cautionary to outright bearish, with calls for deeper retracements if demand fails to stabilize.<\/p>\n

Analyst slashes $MSTR price target by 60%<\/h2>\n

In a notable update this week, Canaccord Genuity analyst Joseph Vafi, long viewed as one of MSTR\u2019s most vocal supporters, dramatically slashed<\/a> his price target from $474 to $185 \u2014 a 61% reduction \u2014 while maintaining a Buy rating on the stock.\u00a0<\/p>\n

According to Vafi\u2019s revised outlook, the new target still implies \u201csignificant upside\u201d from current levels if<\/em> volatility subsides and Bitcoin finds a tradable bottom.<\/p>\n

Vafi\u2019s retained bullish stance \u2014 despite the sharp target cut \u2014 highlights a nuanced view among some Wall Street strategists: even amid brutal downside, the stock\u2019s deep discount to theoretical Bitcoin net\u2011asset value could eventually reprice upward.<\/p>\n

Strategy continues bitcoin purchasing\u00a0<\/h2>\n

Earlier this week, Strategy said it purchased 855 bitcoin for about $75.3 million, paying<\/a> an average price of $87,974 per BTC, according to a Monday filing.\u00a0<\/p>\n

The acquisition came just days before bitcoin fell below $75,000 over the weekend on some rapid selling, briefly pushing Strategy\u2019s treasury close to $1 billion in unrealized losses. Now, the price of bitcoin is below those levels at $72,000.<\/p>\n

The company now holds 713,502 BTC, acquired for roughly $54.26 billion at an average cost of $76,052 per coin.\u00a0<\/p>\n

Last week\u2019s purchase was fully funded through the sale of common stock, following Strategy\u2019s ongoing capital-raising approach to finance bitcoin buys. The purchase of 855 bitcoin was significantly smaller compared<\/a> to prior company purchases.<\/p>\n

All eyes remain on MSTR\u2019s upcoming fourth\u2011quarter 2025 earnings release, scheduled for later this week, a report that could provide more color on its capital\u2011raising cadence, BTC purchase strategy, and the evolving balance between leverage and asset coverage.\u00a0<\/p>\n

At the time of writing, bitcoin\u2019s price dropped<\/a> to lows near $72,000 today, its lowest level in over a year. The bitcoin price has now retraced more than 40% from its all\u2011time highs reached in late 2025.\u00a0<\/p>\n

This post Strategy ($MSTR) Shares Sink Over 20% in 5 Days as Bitcoin Crashes to $72,000<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Strategy ($MSTR) Shares Sink Over 20% in 5 Days as Bitcoin Crashes to $72,000 Shares of Strategy ($MSTR) plunged again today as Bitcoin\u2019s sell\u2011off deepened, reinforcing the tight correlation between the world\u2019s largest corporate Bitcoin holder and the digital asset\u2019s price action. Bitcoin cratered toward $72,000, extending losses to levels not seen since […]<\/p>\n","protected":false},"author":0,"featured_media":132495,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-132494","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/132494"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=132494"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/132494\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/132495"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=132494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=132494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=132494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}