Analysis: MicroStrategy may have become an amplifier of BTC volatility
ChainCatcher news, according to Forbes, MicroStrategy's stock price has been experiencing significant fluctuations recently. Although Bitcoin has risen 135% year-to-date, MicroStrategy saw an impressive rebound of 142% this month, followed by a decline of 37% in the following days.Additionally, the high volatility is reflected in MicroStrategy's valuation. Despite MicroStrategy's Bitcoin holdings being worth approximately $36.7 billion, the company's current market capitalization exceeds $92 billion, which means MicroStrategy has effectively become an amplifier of Bitcoin's volatility.