Published on 31 Dec 2024 on Benzinga
MicroStrategy Inc. MSTR stock has seemingly diverged with respect to the movement in Bitcoin BTC/USD prices, this trend has been pronounced since the company started issuing more 0% convertible notes in November.
What Happened: MicroStrategy has fallen by 20.34% month-to-date about five times more than the Bitcoin prices, which was down just 4.34% in the same period.