MicroStrategy stock trails Dot Com peak as bitcoin-linked strategy fuels 67.03% 52-week drop

MicroStrategy, now branded as Strategy, has left long-term investors with substantial losses, as a $10,000 position at its Dot Com peak would be worth about $4,050 today. After a 62% single-day crash on March 20, 2000, the stock slid to penny levels by 2002, and its later pivot into bitcoin has driven a 67.03% share price decline over the past 52 weeks and a 71.8% fall from its 2025 high. Despite this volatility, analysts' consensus price target still implies large potential upside from current levels.