Strategy shares slide nearly 30% in five days as Bitcoin breaks below $60,000

Strategy (MSTR) shares fell nearly 30% over five days and are down about 36% over the past month, outpacing Bitcoin’s decline over the same period. The company’s 847,363 Bitcoin position is sitting on roughly $10.6 billion in unrealized losses, while its STRC preferred stock has fallen to around $76, below its $100 par value. Dividend obligations tied to STRC have risen to $1.2 billion and cash reserves fell 38%, according to CryptoQuant. Rosen Law Firm also said it is investigating potential securities fraud claims involving the company and its publicly traded securities.