Analysis: MicroStrategy may have become an amplifier of Bitcoin volatility

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ODAILY
11-29
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Odaily Odaily MicroStrategy's stock price has been fluctuating wildly recently. Although Bitcoin has risen 135% so far this year, MicroStrategy has seen an impressive 142% rebound this month, followed by a 37% drop in the next few days. In addition, high volatility is in MicroStrategy's valuation. Although MicroStrategy's Bitcoin holdings are worth approximately $36.7 billion, MicroStrategy's current market value exceeds $92 billion, which means that MicroStrategy has actually become an amplifier of Bitcoin's volatility. (forbes)

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