MicroStrategy's Stock Experiences Significant Decline After Nasdaq 100 Inclusion

According to PANews, MicroStrategy's stock has experienced a significant decline following its inclusion in the Nasdaq 100 index. The stock has dropped approximately 30% from its peak of $543 on December 14, falling to $300, marking a roughly 45% decrease over five weeks. Despite this downturn, the stock has risen over 400% in 2024 and has increased about 20 times since the company began purchasing Bitcoin in 2020. Analysts suggest that this adjustment may be a result of overly optimistic sentiment breaking down, aligning with George Soros' 'reflexivity theory' regarding cyclical price fluctuations. While MicroStrategy's Bitcoin strategy has attracted followers, it has also heightened market concerns about its future volatility.