TechFlow News, February 3: According to CoinDesk, Strategy (MSTR) stock has declined for seven consecutive months; as of early February, it had fallen 7%, putting it on track for its eighth straight month of negative returns. The company’s stock is currently trading at approximately $141, down roughly 75% from its all-time high of $540 reached in November 2024. For the full year 2025, Strategy’s stock declined 48%, marking its second-worst annual performance—only surpassed by the 75% drop recorded in 2022.
As the world’s largest publicly traded holder of bitcoin, Strategy’s market net asset value multiple (mNAV) currently stands at 1.09, enabling it to continue purchasing bitcoin through stock sales. However, if the stock price falls further and pushes the mNAV below 1, the company may be forced to suspend its bitcoin acquisition program.
