The firm’s shares closed at $136.08 on Tuesday, now down nearly 15% in the last five trading days and more than 23% on the month.
Its precipitous fall coincides with a steep drop in the price of Bitcoin, which has fallen around 5.8% in the last 24 hours, recently changing hands at $67,288 and more than 46% off its all-time high mark of $126,080.
As it stands, MSTR is now more than 70% off its 52-week high of $457.22.
It's not just Strategy shares that are being punished as crypto’s top assets fall, however.
Shares in leading American crypto exchange Coinbase fell more than 4.5% on Tuesday, changing hands at $173.99 at the market close. Similarly, shares in the firm have struggled alongside the broader crypto market this year, dropping more than 23% year-to-date.
Other notable crypto losers on Tuesday include Bitcoin miner CleanSpark (CLSK) and BTC services firm Fold (FLD), which lost 6.5% and 8.4% respectively, closing at $17.58 and $0.87.
