According to Foresight News, MicroStrategy closed down 8.2% on Monday, at $302.96, marking the lowest closing price since November 8. Subsequently, the stock further declined by 3% in after-hours trading to $293.59, down 46% from the intraday high of $543 on November 21.
LVRG Research Director Nick Ruck pointed out that considering MSTR's increased use of debt and equity to purchase Bitcoin, investors may have begun to view MSTR as too risky. MicroStrategy primarily funds its Bitcoin acquisitions by issuing convertible notes and bonds to investors.
