Is forced liquidation looming for Bitcoin’s biggest corporate believer? Strategy’s stock is crumbling, Bitcoin is struggling, and debt is piling up. Could the company’s aggressive strategy backfire?
Forced liquidation fears explode
For months, Strategy (formerly MicroStrategy) had been riding high, propelled by Bitcoin’s (BTC) relentless rally and renewed optimism in crypto markets following pro-crypto Donald Trump’s return to the White House.
The company’s stock soared to an all-time high of $543 in November 2024, mirroring Bitcoin’s surge to fresh records. But the euphoria didn’t last. On Feb. 26, MSTR plunged to $263 — a staggering 52% drop from its peak.
