MicroStrategy: Stock Falls for Six Consecutive Months… First Since Bitcoin Accumulation

The stock of MicroStrategy, the world's largest Bitcoin (BTC) accumulation company, has fallen for six consecutive months.

On the 1st (local time), CoinDesk reported that MicroStrategy's monthly stock change rate recorded a decline for six consecutive months from July to December last year. This is the first time MicroStrategy's stock has fallen for six consecutive months since it announced Bitcoin accumulation in 2020.

MicroStrategy's annual change rate for last year was calculated at -47.53%. CoinDesk said, "In the 2022 bear market, (MicroStrategy's stock) fell sharply and then rebounded more than 40% within a few months," adding, "The absence of a rebound in the second half of last year suggests that the ongoing price adjustment is not a short-term sell-off but a sustained correction."

Specifically, the largest monthly drop was in November last year (-34.26%), followed by October (-16.36%), December (-14.24%), and September (-3.65%). CoinDesk said, "MicroStrategy's stock has fallen 59.3% over the past six months," adding, "(Meanwhile) Bitcoin performed relatively better over the same period."

Meanwhile, Morgan Stanley Capital International (MSCI) plans to decide on the inclusion or exclusion of MicroStrategy from its indices on the 15th of this month. MSCI is reported to have been discussing MicroStrategy's potential removal from its indices since the second half of last year.

MicroStrategy is currently included in the MSCI USA and MSCI World indices. U.S. digital asset manager Bitwise recently analyzed the probability of MicroStrategy's removal from MSCI indices as over 75%.