PANews December 31 news, according to CoinDesk, after MicroStrategy announced its inclusion in the Nasdaq 100 index, its stock price has significantly dropped, currently down about 30% from the high of December 14, falling from a peak of $543 to $300, marking a decline of about 45% over five weeks. Nevertheless, in 2024, its stock price has still risen over 400%, increasing nearly 20 times since it began purchasing Bitcoin in 2020. Analysts point out that this adjustment may be the result of a bursting of overly optimistic sentiment, aligning with George Soros' 'reflexivity theory' regarding the cyclical phenomenon of price fluctuations. Meanwhile, MicroStrategy's Bitcoin strategy, while attracting followers, has also intensified market concerns about its future volatility.
