MicroStrategy Stock Falls 16.2% Despite Bitcoin’s Continued Rally

Quick Summary:

MicroStrategy Stock Falls 16.2% Despite Bitcoin’s Continued Rally MicroStrategy Shares Plunge Amid Bitcoin Gains MicroStrategy (NASDAQ: MSTR) experienced a sharp drop in stock price, closing 16.2% lower on November 22, 2024.

At one point during the day, the stock had declined over 20%, marking a significant pullback despite Bitcoin’s continued upward momentum.

Why did MicroStrategy stock drop despite Bitcoin’s rally?

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Crypto News MicroStrategy Stock

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 10:55:04 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 312 words

Reading Time: 2 minutes read

Sentences: 24 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23764078

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 33 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #121

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