MicroStrategy's shares have decreased significantly since their announcement of inclusion in the Nasdaq-100 index, with a drop of about 30% in just two weeks and nearly 45% from their November peak of $543. Despite this downturn, the stock is still substantially higher compared to its performance in previous years, particularly since it began accumulating Bitcoin in 2020. The rise in MicroStrategy’s stock value can be attributed to various factors, including its aggressive Bitcoin investment strategy, which led to a significant increase in market interest and share price. However, there were warnings of an impending correction, illustrated by the stock's negative divergence from Bitcoin's continued rise. The article references George Soros' Theory of Reflexivity, which suggests that investor perception can create its own reality, impacting prices in unforeseen ways. Despite recent declines, MicroStrategy's performance since 2020 remains impressive, raising questions on whether this trend will continue or reverse.

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