10 Firms Mirror Broader Market Downturn Ahead of 2025

3. MicroStrategy Incorporated (NASDAQ:MSTR)

MicroStrategy Incorporated (NASDAQ:MSTR) saw its share price on Monday drop by 8.19 percent to end the day at $302.96 apiece. In the past five days, its valuation also marked a 15.43-percent decline while shares in the last 30 days were similarly down by 20.34 percent.

According to analysts, investor sentiment was weighed down by announcements that MicroStrategy was buying less and less Bitcoin compared with the week prior and was further dragged by lower Bitcoin prices.

The cryptocurrency was trading at around $92,500 recently, down from highs last week of around $99,000 and an all-time high of $108,000 set two weeks ago.

Just recently, MicroStrategy (MSTR) joined the Nasdaq 100, a significant milestone for the company and its shareholders. The Nasdaq-100 index represents 100 of the largest non-financial companies listed on the Nasdaq stock exchange.