Michael Saylor, the billionaire founder of Strategy (NASDAQ:MSTR), has lost billions of dollars for himself and his investors as the stock has continued its strong downward trend.
After peaking at $543 in November 2024, it has dropped to $82 today, with its market capitalization falling from $128 billion to $28 billion today.
According to Forbes, his net worth has dropped from over $7 billion to $3 billion.
Saylor has weathered major challenges before, including in 2022, when Bitcoin (CRYPTO: BTC) plunged below $16,000 as the Federal Reserve aggressively raised interest rates and FTX collapsed.
Michael Saylor’s Strategy is Facing Unprecedented Challenges The current challenge, however, is severe.
