MicroStrategy (MSTR) has experienced significant volatility in its stock price, currently down nearly 40% from its all-time high of just over $540, despite being up 416% year-to-date. The decline followed a short report on November 21, coinciding with a drop in Bitcoin's price from nearly $100,000 to around $90,000. Retail investors made record purchases, with nearly $100 million in shares bought in just one week, including an unprecedented $42 million in a single day on November 20. This surge in retail investment coincides with a drop in the net asset value (NAV) premium to approximately 2.09, one of the lowest levels since September. Trading volume for MicroStrategy reached $136 billion in the previous week, surpassing the trading frenzy of GameStop, as compared by analysts.

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