Strategy heads for 11th losing month in 12 as bitcoin weakness continues

CoinDesk·

Strategy heads for 11th losing month in 12 as bitcoin weakness continues

60-second summary

Strategy shares are heading for their 11th losing month in 12 as bitcoin weakness continues, with a 41% loss in June so far. The decline is largely driven by the company's exposure to the struggling cryptocurrency market. This slump is a significant blow to investors, underscoring the risks associated with investing in bitcoin-related stocks. Market volatility persists.

Strategy (MSTR) shares have lost around 41% of their value in June.