{"id":3357,"date":"2024-11-27T08:47:21","date_gmt":"2024-11-27T08:47:21","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3357"},"modified":"2024-11-27T08:47:21","modified_gmt":"2024-11-27T08:47:21","slug":"michael-saylors-microstrategy-plunges-23-in-5-sessions-while-bitcoin-slips-under-6-gary-black-quips-dont-say-i-didnt-warn-you","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3357","title":{"rendered":"Michael Saylor&#8217;s MicroStrategy Plunges 23% In 5 Sessions While Bitcoin Slips Under 6%: Gary Black Quips &#8216;Don&#8217;t Say I Didn&#8217;t Warn You&#8217;"},"content":{"rendered":"<div>\n<p><strong>MicroStrategy Inc. <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>) has become the epicenter of intense market speculation following a dramatic 23.64% stock decline over the past five sessions, while <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) <a href=\"https:\/\/www.benzinga.com\/24\/11\/42206056\/bitcoin-ethereum-dogecoin-tumble-as-diamond-hands-lock-in-gains-analyst-anticipates-strong-buyback-pressure-to-follow-sell-pressure\">experienced a 5.52% drop during the same period<\/a>.<\/p>\n<p><strong>What Happened<\/strong>: Prominent investment analyst <strong>Gary Black<\/strong> of <strong>The Future Fund LLC <\/strong>raised alarm bells about MicroStrategy\u2019s valuation, arguing that the company\u2019s stock price \u201cmakes no sense.\u201d Black\u2019s analysis suggests the stock should be valued at around $105 per share\u2014approximately 75% lower than its current trading price.<\/p>\n<p>\u201cDon&#8217;t say I didn&#8217;t warn you,\u201d Black wrote. <\/p>\n<p>The company, led by CEO <strong>Michael Saylor<\/strong>, currently holds 386,700 Bitcoin, valued at $35.4 billion. With a market capitalization of $81.5 billion, MicroStrategy continues to trade at roughly 2.3 times the current value of its Bitcoin holdings.<\/p>\n<p>The Kobeissi Letter highlighted unprecedented retail investor activity, noting that on a single Wednesday last week, retail investors purchased approximately $42 million &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/analyst-ratings\/analyst-color\/24\/11\/42208320\/michael-saylors-microstrategy-plunges-23-in-5-sessions-while-bitcoin-slips-under-6-\" alt=\"Michael\" saylor microstrategy plunges in sessions while bitcoin slips under gary black quips say i didn warn you>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MicroStrategy Inc. (NASDAQ:MSTR) has become the epicenter of intense market speculation following a dramatic 23.64% stock decline over the past five sessions, while Bitcoin (CRYPTO: BTC) experienced a 5.52% drop during the same period. What Happened: Prominent investment analyst Gary Black of The Future Fund LLC raised alarm bells about MicroStrategy\u2019s valuation, arguing that the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3357","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3357"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3357\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}