Eseandre Mordi
⬤ MicroStrategy's stock kept sliding through November, getting hammered by weakness across the crypto market. The company's shares dropped 40% over the past month and are sitting 68% below their all-time high. MSTR is now trading around $177.24, showing a brutal slide that's picked up speed during the recent digital asset correction.
⬤ Right now, MicroStrategy is holding 649,870 Bitcoin at an average buy-in price of $74,433. The company's fate is basically tied to whatever Bitcoin does, and here's the kicker—if BTC falls another 15%, MicroStrategy's entire Bitcoin stash would flip into the red. The price action from late October through mid-November shows steady downward pressure as crypto sentiment went south.
MicroStrategy's Bitcoin position would move into unrealized losses if BTC declines another 15%, highlighting just how precarious the company's situation has become with crypto markets under pressure.
⬤ Looking at the one-month chart, it's pretty much all downhill with zero meaningful bounce-backs anywhere. MSTR has been super sensitive to Bitcoin's recent wild swings, basically copying the broader pullback that's crushed total crypto market cap. The speed of MSTR's drop shows just how locked-in its movements are with whatever happens in digital assets.
⬤ MicroStrategy's freefall really drives home how much its future depends on Bitcoin holding up and crypto markets staying stable. With the stock way below its record high and their Bitcoin position getting dangerously close to break-even, things are looking shaky. The whole situation shows what happens when a company goes all-in on BTC and the market turns against them.
Eseandre Mordi
