MicroStrategy's Stock Plummets Amid Bitcoin Volatility

The company's aggressive Bitcoin investment strategy faces a harsh reality check as its shares drop significantly.

MicroStrategy's shares experienced a steep decline, marking the worst two-day drop since 2022.
The company now holds over 1% of the total Bitcoin supply after recent purchases.
A flash crash in Bitcoin's price on the Bitmex exchange exacerbated the stock's fall.
MicroStrategy used proceeds from convertible debt offerings to fund its Bitcoin acquisitions.
Despite the downturn, some analysts view MicroStrategy as an attractive vehicle for Bitcoin exposure.