How Did the Bitcoin Drop Impact MicroStrategy Stock?

[cryptobro]

MicroStrategy shares fell over 25% in five days, underperforming Bitcoin itself. The company’s mNAV compressed to around 1.11, meaning the stock now trades only slightly above the value of its Bitcoin holdings, amplifying investor sensitivity to BTC price swings.

[Abdul Khan]

MicroStrategy stock is clearly tied to Bitcoin’s short-term volatility.

[Rimon Khan]

This shows how leveraged the company is to BTC price movements.