Bitcoin development company MicroStrategy (MSTR) has experienced a significant drop in stock price, coinciding with a drop in bitcoin value. Retail investors had been buying large amounts of MicroStrategy stock, with the largest daily retail buy on record of $42 million. However, the stock has dropped almost 40% since a short report from Citron Research was released on November 21. This has resulted in the net asset value (NAV) premium on MicroStrategy dropping to one of the lowest levels since September. Additionally, MicroStrategy has seen a high trading volume of $136 billion, surpassing even the Gamestop mania and Amazon.



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