MicroStrategy Was the Worst Performing Nasdaq-100 Stock in 2025. Should You Buy the Dip?

MicroStrategy (MSTR) has been in a relentless downtrend in the back half of 2025 amid a broader “crypto winter” that saw Bitcoin (BTCUSD) crash from a high of $124,000 to a low of about $84,000 only. MSTR is set to finish 2025 as the worst-performing Nasdaq-100 ($IUXX) name, with an enterprise net asset value (mNAV) – a key valuation metric – that appears right at the cusp of turning negative. More News from Barchart As macro uncertainty and bubble concerns keep BTC under pressure, MicroStrategy stock ...