Why Selling MicroStrategy Stock Now Is as Bright as a Black Hole

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Why Selling MicroStrategy Stock Now Is as Bright as a Black Hole

Ah, Bitcoin—our digital gold that stubbornly refuses to climb above the mythical $110K barrier, like a caffeinated squirrel trying to crack a nut that’s just out of reach. It’s hanging around the $108K to $110K range, probably contemplating existential questions such as, “Why am I here?” and “Will I ever get to $200K?”

Bitcoin fluctuating with a confused face

Meanwhile, MicroStrategy’s stock—Michael Saylor’s beloved pet project—seems to be performing the most graceful version of a free fall since the last time someone said “Hey, let’s buy the dip!” The company’s shares are flashing more sell signals than a smoker in a fireworks factory, hinting that perhaps it’s time to say goodbye (or at least “see ya later”).

MicroStrategy stock chart with downward arrows

Before you get overly sentimental about holding on, remember: MicroStrategy’s stock has plummeted a staggering 56% since November 18, 2024, with a slight bounce of 55% just to keep investors hopeful—or maybe just confused. Currently trading at a modest $360.70, it hasn’t exactly turned into the rocket to the moon, more like a leisurely walk into the basement.

Meanwhile, Bitcoin is performing a modest 0.61% rise today, sitting comfortably at a cool $108,462, as if to remind us that even in chaos, some things keep chugging along. MicroStrategy, despite being hanging upside down on the Bitcoin rollercoaster, holds a ridiculously impressive 580,250 BTC—more than most countries have in their national reserves of… well, something.

MicroStrategy’s Bitcoin hoard, enough to make even Scrooge McDuck jealous

So, as the universe continues to toss us chaos and this financial sitcom unfolds, perhaps it’s time to sell. After all, if history repeats itself (and it does, like an overenthusiastic parrot), then selling now might just qualify as the least worst option. Unless you’re into riding the rollercoaster until it derails—your call.

Stay tuned for more cosmic financial misadventures at Coingape.com or just stare blankly at the charts until Mars gets a new Wi-Fi signal.

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2025-05-29 17:09