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MSTR
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172 days

MicroStrategy Stock Falls Again. Its Next Bitcoin Move Will Be Crucial. - Barron's

1. MSTR stock fell 8.82% due to Bitcoin's value decline. 2. Bitcoin dropped 19% week-over-week, impacting MSTR holdings significantly. 3. Company's Bitcoin assets decreased from $50 billion to below $40 billion. 4. Recent purchases at higher prices now face steep losses. 5. Investors await next week's strategy regarding further Bitcoin purchases.

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FAQ

Why Bearish?

MSTR's value is heavily dependent on Bitcoin performance. Historical examples include past Bitcoin price fluctuations correlating directly with MSTR stock movements.

How important is it?

The significant drop in Bitcoin value directly impacts MSTR's portfolio. Investors are concerned about additional purchases at higher prices, affecting future performance.

Why Short Term?

Immediate market reactions are likely as stock price reacts to Bitcoin volatility. Previous downturns exhibited MSTR responding quickly to Bitcoin price changes.

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