On the yearly chart, Bitcoin rose 146% while MicroStrategy gained over 599% as more retail investment increased MicroStrategy’s volatility compared to BTC.
MicroStrategy’s market capitalization saw its largest four-day drop in history, sparking questions about its position as a leveraged Bitcoin investment vehicle.
The company’s market value fell by more than 35% from its Nov. 21 peak, erasing over $30 billion.
This marks the largest four-day decline ever for the business intelligence firm, according to the Kobeissi Letter, which highlighted the drop in a Nov. 26 X post:
