MicroStrategy Stock Drops 40%: Is Its Bitcoin Strategy Failing?
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MicroStrategy, the biggest corporate holder of bitcoin, holding almost 2.5% of the overall bitcoin supply, has seen its MSTR stock price plunging by 40% from its peak, raising concerns as Bitcoin struggles to hold above $90k. Meanwhile, the stock is currently 60% above its fair value, and this gap has started to shrink as investors may not realize they are overpaying. Does this mean that MicroStrategy’s Bitcoin buying strategy is backfiring?
Institutional Investors Cashing Out?As per 10x Research’s analysis, microstrategy 
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Business Intelligence
traded $40 billion in volume in November 2024, when Bitcoin surged past $95,000. However, the firm highlights that institutional investors likely used this opportunity to offload their positions to retail traders at inflated prices. Now, those retail buyers are facing heavy losses despite Bitcoin maintaining its price levels.
#MicroStrategy Cracks as #Bitcoin Tests $90K—Is a Deeper Drop Coming?