Why MicroStrategy May Fall Below $100 in 2025
Point your avatar live, understand the bull market with the live broadcast!!!
MicroStrategy (NASDAQ: MSTR) is set to be one of the biggest beneficiaries of the next boom in 2024—the cryptocurrency market. The company's strategic investment in Bitcoin (BTC), combined with BTC's own outstanding performance, has led to its stock price soaring 384.87% year-to-date (YTD), with the current price at $332.23.
However, on December 24, 2024, MicroStrategy's stock faces the imminent danger of a sharp decline, at least for one reason that is of the company's own design.
Specifically, a recent 14A filing submitted to the U.S. Securities and Exchange Commission (SEC) shows that Michel Saylor intends to increase the number of MSTR shares by about 11 billion shares, subject to shareholder approval.
Point your avatar live, understand the bull market with the live broadcast!!!