Woofun AI reports that Strategy (MSTR) stock declined approximately 41% in June, positioning it for its worst monthly performance since 2022. This drop would constitute the 11th down month in the last year, highlighting prolonged weakness tied to Bitcoin’s performance.

The equity has faced sustained pressure since the July 2025 launch of perpetual preferred stock STRC. While STRC offers higher repayment priority, the need to issue common shares for dividends has raised dilution concerns. Since STRC’s listing, Bitcoin fell 50% while MSTR dropped 77%, amplifying downside risk. Bitcoin itself is down 20% in June, marking its third consecutive quarterly loss.