📉 MicroStrategy just experienced the largest drop in its history, losing over 35% of its market value in just 4 days! 😲
- Market value dropped by over $30 billion from the peak on November 21.
- MSTR stock fell 7.5% within 24 hours, coinciding with BTC's correction.
- BTC decreased 7% from the peak of $99,800 on November 22, while MSTR dropped over 14%.
📈 Nevertheless, both BTC and MSTR have shown strong growth over a longer time frame:
- BTC increased 44% in the past month, MSTR rose 32%.
- BTC is up 146% this year, MSTR has risen over 599%.
💡 Is MicroStrategy still a leveraged bet on BTC? Stock prices are highly volatile due to retail investors.
- Last week, retail investors purchased nearly $100 million worth of MSTR stock.
- Allianz, a major organization, also invested in MicroStrategy.
What do you think about this volatility? Share your thoughts below! 👇