2026 has opened on a brutal note for crypto and even longtime Bitcoin believers are feeling the chill. On Feb. 3, Bitcoin (BTC) plunged below $73,000, marking its steepest decline since early November 2024 and deepening losses from the flash crash that rattled markets on Oct. 10 last year. For Michael Saylor's MicroStrategy, now known as Strategy (NASDAQ: MSTR), the timing couldn’t be worse. Related: MicroStrategy struggles ahead of earnings after latest Bitcoin crash The company’s average Bitcoin purc ...

Group 1 - Cryptocurrency concept stocks experienced significant declines, with mining companies leading the drop [1] - IREN Ltd (IREN.US) fell nearly 11%, Hut8 (HUT.US) dropped over 9%, Cipher Mining (CIFR.US) decreased nearly 9%, and TeraWulf (WULF.US) declined over 8% [1] - Other stocks such as MicroStrategy (MSTR.US) and Bitmine Immersion Technologies (BMNR.US) also saw declines of over 3% [1] Group 2 - Bitcoin plummeted over 4%, falling below $75,000 [1] - Ethereum dropped more than 5%, trading at $2,181.25 [1]

Group 1 - Cryptocurrency stocks experienced significant declines, with mining companies leading the drop [1] - IREN Ltd (IREN.US) fell nearly 11%, Hut 8 (HUT.US) dropped over 9%, Cipher Mining (CIFR.US) decreased nearly 9%, and TeraWulf (WULF.US) declined over 8% [1] - Other cryptocurrency-related stocks such as MicroStrategy (MSTR.US) and Bitmine Immersion Technologies (BMNR.US) also saw declines of over 3% [1] Group 2 - Bitcoin plummeted over 4%, falling below $75,000, while Ethereum dropped more than 5%, trading at $2,181.25 [1]

Group 1 - The crypto market is experiencing a "crypto winter," leading to bearish sentiments and speculation about a potential bottom forming [1] - Canaccord's Joseph Vafi has significantly reduced his price target for Strategy (MSTR) by 61% from $474 to $185, while still maintaining a buy rating, indicating a potential upside of about 40% from the recent close of $133 [2] - Strategy's stock has declined 15% year-to-date, 62% year-over-year, and 72% from its record high in November 2024 [2] Group 2 - Bitcoin is currently undergoing an "identity crisis," acting as a long-term store of value but increasingly trading like a risk asset, highlighted by the recent crypto flash crash [3] - Despite being referred to as "digital gold," Bitcoin has not kept pace with the rise in precious metals, indicating its reliance on liquidity and risk appetite rather than serving as a safe haven [4] - Strategy holds over $44 billion in Bitcoin against approximately $8 billion in convertible debt, with manageable preferred dividends through modest share issuance [5] Group 3 - Upcoming quarterly results are expected to be largely immaterial due to Strategy's heavy dependence on Bitcoin, with a significant unrealized loss anticipated from Bitcoin's fourth-quarter selloff [6] - Vafi's new price target of $185 assumes a 20% rebound in Bitcoin prices and a recovery in the company's market net asset value (mNAV) to about 1.25 times [6]

Strategy Inc (MSTR) stock was a bearish candidate that came up on one of my Barchart Stock Screeners that searches for stocks trading below their 50-day moving average and having a high IV Percentile. Here are the full parameters for the screener and the results. More News from Barchart A screenshot of a computer AI-generated content may be incorrect. Today, we’re going to look at a Bear Call spread trade that assumes MSTR will struggle to get back above the 95 level in the next few months. A Bear Ca ...

Group 1 - Bitcoin has hit new lows for the year, briefly falling below $73,000, marking levels not seen since November 2024 [1][5] - Crypto-linked stocks such as Coinbase, Strategy, Circle, and Gemini have experienced declines of at least 15% over the past five trading days [1][5] - The recent drop in Bitcoin coincided with a broader sell-off in risk assets, including significant declines in major U.S. tech stocks [2][3] Group 2 - Some experts suggest there may be a "value zone" for Bitcoin in the mid-$70,000s, although it recently traded above $76,000 [2] - Predictions for Bitcoin prices are pessimistic, with a 48% probability placed on prices hitting $70,000 or below in the near term [4] - A shorter-term events contract indicates that bettors expect Bitcoin prices to end below current levels by the end of February [5]

2026 has brought the crypto market to its knees, which was already under pressure since the flash crash on Oct. 10 last year. Bitcoin (BTC) crashed below $73,000 on Feb. 3, and I checked—it is the king coin's worst crash since early November 2024. Related: Cathie Wood sends blunt message after Bitcoin crashes As per the onchain analytics platform CoinGlass, over $660 million worth of crypto positions have been liquidated within the last 24 hours. It includes $526.5 million in long and $135 million in sh ...

Bitcoin briefly dived below the $73,000 mark on Tuesday, hitting its lowest price in nearly 16 months. The world's oldest cryptocurrency sank as low as $72,884.38, falling more than 6% on the day. That's its lowest level since Nov. 6, 2024, when the token traded at $68,898. Bitcoin was last down more than 3% at $75,658.95 around 5:25 p.m. ET.Strategy, a bitcoin treasury firm, ended the trading session down more than 4%. ...

Core Insights - The stock of Strategy (MSTR) has experienced a significant decline, trading nearly 72% below its 52-week high, indicating a loss of investor confidence [1] - The drop in Bitcoin's price below the $80,000 level has intensified risk aversion among investors, leading to a sell-off of high-beta Bitcoin proxies like Strategy [2] - The market cap of Strategy has fallen below its net asset value, suggesting a potential opportunity for investors as the stock trades at a discount to its Bitcoin holdings [4] Company Overview - Strategy, formerly known as MicroStrategy, is the largest Bitcoin Treasury Company globally, with a market cap of approximately $43 billion [5] - The company also provides AI-powered enterprise analytics software through its Strategy ONE platform, which integrates data access, governance, analytics, and AI-driven workflows [5] Stock Performance - Over the past six months, MSTR stock has declined by 63.78%, with a notable 49.83% drop in the last three months and a further 17.82% decrease in the last five trading sessions, reflecting ongoing selling pressure [6] - MSTR stock is currently trading at a high valuation of 95.11 times sales, significantly above the industry average of 3.45 times, indicating a substantial premium [9] Financial Results - In Q3 2025, Strategy reported a revenue increase of 10.9% year-over-year to $128.7 million, surpassing analyst expectations of $118 million, although earnings per share (EPS) of $8.42 fell short of the estimated $9.67 [10]

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or ...