Bitcoin Surpasses MSTR Stock Performance as Leverage Advantage Shrinks

Bitcoin (CRYPTO:BTC) has surpassed Strategy Inc.'s (NASDAQ:MSTR) stock performance for the year so far, despite a significant drop in its price. According to data from August 2, 2026, Bitcoin is down 27.9% this year, while Strategy's stock has dropped by 38.6%. However, Strategy's decision to boost its Bitcoin holdings by 25% has not been enough to offset the losses.

The company's BTC Yield metric, which measures the return on investment for each share of common stock, was only 4.5% as of July 26. This is significantly lower than the average return on investment for the overall market.

MSTR's (NASDAQ:MSTR) 30-day volatility measured nearly triple that of Bitcoin, at 84%, compared to 29%. Despite this, Strategy's stock price has been relatively stable in recent weeks, rising by 1.8% over the past week.