MicroStrategy (MSTR) shares have dropped by nearly 30% since their inclusion in the Nasdaq-100 index and almost 50% from their record high in late November. The company's founder, Michael Saylor, has been promoting his company's prospects and Bitcoin evangelism, which has attracted attention. Other companies, such as Semler Scientific and Metaplanet, have followed MicroStrategy's lead in adopting Bitcoin as their main treasury asset. The decline in MSTR shares may be due to cracks in the MicroStrategy bubble and a negative divergence in late November. However, MSTR shares have still performed well over a longer time frame, with a 400% increase year-to-date. The future trajectory of MSTR shares remains uncertain, as prices can go further up or down than expected.



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