MicroStrategy's share price has been volatile recently, and while bitcoin has rallied 135% so far this year, MicroStrategy has seen an impressive 142% rally this month, followed by a 37% decline in the following days.
In addition, high volatility In the valuation of Micro Strategy, although Micro Strategy's bitcoin holdings are worth about $36.70 billion, MicroStrategy currently has a market cap of more than $92 billion, which means that MicroStrategy has effectively become an amplifier of bitcoin volatility. (forbes)
Analysis: MicroStrategy May Have Become an Amplifier of Bitcoin Volatility
2024-11-29 13:48:31
Microstrategy share price recently has been violently volatile though bitcoindesk3cryptocurrencydesktopCrypto News
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