Finance News

Story: MSTR Shares Crash 20% as Bitcoin Tumbles to $72K

By Steven Anderson

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MicroStrategy stock got hammered today. The company's shares dropped nearly 9% to around $121.

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The correlation between MSTR and Bitcoin couldn't be clearer right now. Strategy shares are down about 15% this year and sitting 72% below their November 2024 peak.

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Canaccord Genuity's Joseph Vafi just slashed his MSTR price target by 61%, dropping it from $474 down to $185. But he's keeping his Buy rating.

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Strategy didn't let the price drop stop them from buying more Bitcoin though. The company grabbed 855 BTC for roughly $75.3 million just before Bitcoin fell below $75,000.

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Investors are waiting for MSTR's fourth-quarter 2025 earnings later this week. That report should give us a better look at their financial strategy and Bitcoin buying spree.

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Michael Saylor, MicroStrategy's CEO, keeps pushing the company's aggressive Bitcoin strategy. He's been saying Bitcoin beats traditional assets as a store of value.

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On February 3, 2026, Citigroup downgraded MSTR, citing worries about the company's Bitcoin-heavy balance sheet.

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The market's waiting for MSTR's earnings report on February 6, 2026. Everyone wants to know how the company plans to handle its debt and Bitcoin holdings while the market's going…

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MicroStrategy remains the biggest corporate Bitcoin holder, and that's putting them under a microscope.

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Saylor did an interview on February 2, 2026, where he doubled down on Bitcoin's long-term value despite the short-term chaos.

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Other crypto stocks are getting hit too. On February 3, 2026, several companies with big cryptocurrency holdings saw similar drops. It's not just MicroStrategy dealing with this.

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Goldman Sachs put out a report on February 4, 2026, about Bitcoin's volatility hitting companies like MicroStrategy.

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JPMorgan analysts also weighed in that same day, looking at how Bitcoin's drop affects corporate treasuries.

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The New York Stock Exchange reported on February 5, 2026, that trading volumes in crypto-related stocks like MicroStrategy surged.

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Morgan Stanley analysts think MicroStrategy might keep using its Bitcoin holdings as a strategic asset.

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