Strategy stock price drops to $151.95, Bitcoin Treasury Strategy faces test after six consecutive months of decline

【Chain Wen】Strategy’s stock price has been under significant pressure recently. As of the end of 2025, the stock closed at $151.95, down 2.35% in a single day, and nearly 50% lower for the year. What’s more heartbreaking is that it has been falling for six consecutive months—dropping 16.78% in August, retreating 3.65% in September, another 16.36% in October, a sharp decline of 34.26% in November, and a further 14.24% in December.

This continuous downward trend is indeed the first time for a listed company adopting the Bitcoin treasury strategy. It’s worth noting that the company started embracing this strategy in August 2020, and the current pressure can be imagined. It seems that in an environment of increasing volatility in crypto assets, even the combination of traditional finance and digital assets cannot escape the market’s test.