Bitcoin Faces Worst Year-to-Date Performance in a Decade
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
Source: Yahoo Finance
- Bitcoin Price Decline: Bitcoin's price has dropped approximately 15% this week to around $63,000, losing a third of its value so far in 2026, marking the worst year-to-date performance since at least 2015, indicating a significant decline in market appeal.
- Institutional Selling Pressure: Michael Saylor's Strategy disclosed its first sale of bitcoin holdings since 2022, suggesting a waning confidence among major institutional investors, which could lead to further market turbulence.
- Market Share Erosion: Bitcoin's share of the crypto market has decreased from 63% last year to 56%, while stablecoins have increased their share from 7% to nearly 13%, indicating intensified competition that impacts Bitcoin's market position.
- Accelerated Capital Outflows: Bitcoin ETFs experienced record net outflows exceeding $2.7 billion in the past week, bringing the total net outflow for 2026 to $3.1 billion, reflecting diminished investor interest as funds shift towards AI-related stocks, increasing competitive pressure on Bitcoin.
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Analyst Views on MSTR
Wall Street analysts forecast MSTR stock price to rise
14 Analyst Rating
12 Buy
2 Hold
0 Sell
Strong Buy
Current: 120.440
Low
229.00
Averages
453.17
High
705.00
Current: 120.440
Low
229.00
Averages
453.17
High
705.00
About MSTR
Strategy Inc. is a bitcoin treasury and business intelligence company. The Company provides cloud-native, artificial intelligence (AI)-powered enterprise analytics software to thousands of global customers. Its Software Business segment is engaged in the design, development, marketing, and sales of enterprise analytics software platform through cloud subscriptions and licensing arrangements and related services. Its Strategy ONE platform provides access to AI-powered workflows, unlimited data sources, cloud-native technologies, and performance to speed up time from data to action. Strategy One delivers visualization, reporting, and embedded analytics capabilities across retail, banking, technology, manufacturing, insurance, consulting, healthcare, public sector, and others. Its Strategy Mosaic is a universal intelligence layer that provides enterprises with consistent definitions and governance across data sources, regardless of where that data resides or which tools access it.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Strategy Signals Possible Resumption of Bitcoin Accumulation
- Bitcoin Acquisition Signal: Strategy's Executive Chairman Michael Saylor shared the company's Bitcoin acquisition tracker on social media, stating, 'A good time to add more dots,' suggesting a potential resumption of Bitcoin purchases, although no official announcement has been made yet.
- Long-Term Commitment Reaffirmed: Strategy CEO Phong Le responded to Saylor's post by reiterating the company's long-term commitment to Bitcoin, emphasizing that 'our corporate strategy is to increase net Bitcoin and Bitcoin per share over time,' aiming to dispel market speculation about a possible shift towards selling Bitcoin.
- Bitcoin Sale Raises Eyebrows: Last week, Strategy sold 32 Bitcoin valued at approximately $2.5 million, marking its first sale since 2022; while this represents only a small fraction of the company's over 843,000 Bitcoin holdings, it raised questions about the firm's future strategy and potential selling behavior.
- Insider Stock Sale Plans: Recent regulatory filings revealed that Strategy plans insider stock sales totaling about $15 million, with CEO and CFO planning to sell approximately $11.1 million and $3.9 million worth of shares, respectively, linked to recently vested stock awards, which may influence investor perceptions of the company's liquidity.
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- Interest Rate Expectations: The market is pricing in only a 1% chance of a 25 basis point rate hike at the upcoming FOMC meeting in June, reflecting cautious investor sentiment regarding future monetary policy, especially in light of stronger-than-expected US nonfarm payroll data.
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- Bitcoin Acquisition Signal: Strategy's Executive Chairman Michael Saylor shared the company's Bitcoin acquisition tracker on social media, stating, 'A good time to add more dots,' suggesting a potential resumption of Bitcoin purchases, although no official announcement has been made yet.
- Long-Term Commitment Reaffirmed: Strategy CEO Phong Le responded to Saylor's post by reiterating the company's long-term commitment to Bitcoin, emphasizing that 'our corporate strategy is to increase net Bitcoin and Bitcoin per share over time,' aiming to dispel market speculation about a possible shift towards selling Bitcoin.
- Bitcoin Sale Raises Eyebrows: Last week, Strategy sold 32 Bitcoin valued at approximately $2.5 million, marking its first sale since 2022; while this represents only a small fraction of the company's over 843,000 Bitcoin holdings, it raised questions about the firm's future strategy and potential selling behavior.
- Insider Stock Sale Plans: Recent regulatory filings revealed that Strategy plans insider stock sales totaling about $15 million, with CEO and CFO planning to sell approximately $11.1 million and $3.9 million worth of shares, respectively, linked to recently vested stock awards, which may influence investor perceptions of the company's liquidity.
See More
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- Corning's New Deal: Corning has secured a major agreement with Amazon, following multibillion-dollar deals with Nvidia and Meta Platforms, showcasing its strong growth potential in the chip sector, which has driven its stock price up nearly 115% in 2026.
- Chip Stock Performance: In 2026, Intel's stock has risen about 200%, Cisco is up 61%, Seagate has surged nearly 220%, and Sandisk has skyrocketed 591%, reflecting strong market confidence and investment enthusiasm in the semiconductor industry.
- Economic Data Release: The U.S. trade deficit figures will be released at 8:30 a.m. ET, with a consensus estimate of $56.1 billion, down from $60.31 billion last month, indicating slight signs of economic recovery that could influence market sentiment.
- Apple's Stock Fluctuation: Following WWDC, Apple's stock dropped 5% from its all-time high, closing down 1.9%, despite a year-to-date increase of about 11% in 2026, as investor reactions to the AI demo were lukewarm, potentially impacting future market performance.
See More
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- Chipmaker Recovery: Following last Friday's selloff, chipmakers and AI-infrastructure stocks saw a modest recovery on Monday, with Intel (INTC) rising over 11% after Google placed an order for three million Tensor Processing Units, indicating sustained market demand for AI technology.
- Oil Price Volatility: WTI crude oil prices initially surged over 4% on Monday due to Iran's announcement of an end to military operations against Israel, but later retreated, highlighting market sensitivity to geopolitical risks and affecting investor demand for safe-haven assets.
- Interest Rate Expectations Shift: The market is pricing in only a 3% chance of a 25 bp rate hike at the upcoming FOMC meeting in June, reflecting investor concerns over slowing economic growth, which pushed the 10-year T-note yield to a two-week high of 4.580%, indicating tension over future monetary policy.
- Mixed International Market Performance: Overseas stock markets settled mixed on Monday, with the Euro Stoxx 50 falling to a two-week low while China's Shanghai Composite dropped 1.70%, demonstrating the impact of global economic uncertainty on market sentiment.
See More
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- Oil Price Volatility: WTI crude oil prices initially surged over 4% due to escalating tensions between Iran and Israel but retreated after Iran announced an end to its military operations, alleviating pressure on the stock market as expectations for a ceasefire emerged.
- Interest Rate Expectations: The market is pricing in only a 3% chance of a 25 basis point rate hike at the next FOMC meeting, reflecting a cautious outlook among investors, especially following robust nonfarm payroll data, which could influence bond market dynamics.
- Tech Stock Surge: Intel's stock surged by 11% after Google placed an order for three million Tensor Processing Units, driving a broader rally in chip stocks, highlighting the tech sector's critical role in the market recovery and potentially attracting more investor interest in related equities.
See More
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- Ethereum Purchases: The company acquired 126,971 ETH last week, raising its total to approximately 5.5 million ETH, which constitutes 4.59% of the total supply, nearing its 'Alchemy of 5%' goal at 92%, expected to be achieved by 2026.
- Capital Market Activity: BitMine funded its Ethereum purchases through equity raises, having recently priced an upsized Series A Perpetual Preferred Stock Offering, showcasing its active engagement in capital markets and financing capabilities.
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See More
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- Oil Price Volatility: Crude oil prices fell from highs after Iran announced an end to its military operations against Israel, despite initially surging over 4% amid escalating conflict, highlighting the direct impact of geopolitical tensions on market sentiment.
- Interest Rate Expectations: The market is pricing in only a 1% chance of a 25 basis point rate hike at the upcoming FOMC meeting in June, reflecting cautious investor sentiment regarding future monetary policy, especially in light of stronger-than-expected US nonfarm payroll data.
- Stock Performances: In the stock market, Micron Technology surged over 9%, leading gains in the S&P 500 and Nasdaq 100, showcasing the recovery potential of the chip sector, while Nurix Therapeutics jumped over 17% after agreeing with Roche on a deal worth up to $2.3 billion.
See More
