CoinVoice has recently learned that, according to CoinDesk, since MicroStrategy announced its inclusion in the NASDAQ 100 index, its stock price has significantly declined, currently down about 30% from the peak on December 14, falling from a peak of $543 to $300, marking a drop of about 45% over five weeks.
Nevertheless, its stock price still rose by more than 400% in 2024, having increased approximately 20 times since it started purchasing Bitcoin in 2020. Analysis indicates that this adjustment may be the result of a burst of overly optimistic sentiment, aligning with George Soros' 'reflexivity theory' regarding the cyclical nature of price fluctuations. At the same time, MicroStrategy's Bitcoin strategy has attracted followers while also intensifying market concern over its future volatility. [Original link]
