---
title: >-
  $MSTR Drops to $91.79 on $STRC — 'Valley of Despair' After Record Capital
  Raise
url: >-
  https://www.cryptocatalyst.news/articles/2026-06-17-microstrategys-stock-hits-9179-amid-market-downturn
canonical: >-
  https://www.cryptocatalyst.news/articles/2026-06-17-microstrategys-stock-hits-9179-amid-market-downturn
date: '2026-06-17T16:57:16.632701+00:00'
category: bitcoin
tags:
  - microstrategy
  - bitcoin
  - stock
  - market
  - investing
  - strc
  - mstr
source: '@zaidlikesmstr on X'
source_url: 'https://x.com/zaidlikesmstr/status/2067043213278425400'
publisher: CryptoCatalyst
summary: >-
  MicroStrategy's stock ($MSTR) is currently trading at $91.79 on $STRC, down
  sharply from its recent highs. Just a month ago, the instrument was raising
  record amounts of capital and absorbing billions in demand, but it now finds
  itself in what many would call the 'valley of despair.' The post notes that
  this isn't what the instrument was designed for.
image: >-
  https://www.cryptocatalyst.news/images/articles/2026-06-17-microstrategys-stock-hits-9179-amid-market-downturn.webp
generated_by: automated editorial pipeline
---
# $MSTR Drops to $91.79 on $STRC — 'Valley of Despair' After Record Capital Raise

MicroStrategy's stock ($MSTR) is currently trading at $91.79 on $STRC, down sharply from its recent highs. Just a month ago, the instrument was raising record amounts of capital and absorbing billions in demand, but it now finds itself in what many would call the 'valley of despair.' The post notes that this isn't what the instrument was designed for.

MicroStrategy's stock ($MSTR) is currently trading at $91.79 on $STRC, representing a significant decline from its recent performance. The tweet by @zaidlikesmstr describes this as the "valley of despair." Just a month ago, the instrument was raising record amounts of capital and absorbing billions of dollars in demand. Truthfully, this isn’t what the instrument was designed for, according to the original post. The drop underscores the high volatility associated with Bitcoin-linked instruments, and the company's massive Bitcoin holdings continue to tie its stock performance closely to the cryptocurrency market.

## Source

This article is a summary of reporting by [@zaidlikesmstr on X](https://x.com/zaidlikesmstr/status/2067043213278425400), written by an automated editorial pipeline. See https://www.cryptocatalyst.news/editorial-policy.

## How to cite

CryptoCatalyst.news, "$MSTR Drops to $91.79 on $STRC — 'Valley of Despair' After Record Capital Raise", 2026-06-17, https://www.cryptocatalyst.news/articles/2026-06-17-microstrategys-stock-hits-9179-amid-market-downturn