In the past 60 hours, global markets have experienced a notable decline. Meanwhile, MicroStrategy's stock showcases an opposite trend, prompting speculation among analysts.
Market Decline
Following Trump's tariff announcement, the global market registered significant declines. Currently, NASDAQ is valued at $15,971.98, reflecting a decrease of 5.31%. In line with this, major Wall Street stocks have also recorded substantial price cuts.
MicroStrategy Stock Growth
These developments are starkly contrasted by the positive trajectory of MicroStrategy's (now STRATEGY) stock, which recorded an increase of 3% just minutes after Michael Saylor's tweet.
Michael Saylor’s Explanation
Michael Saylor himself clarified the possible reasons for the stability of MSTR stock in his recent tweet. He pointed out that the current market situation is merely the 'tip of the iceberg' and highlighted the reasons for rising uncertainty in the financial world: taxes, regulation, competition, obsolescence, and unforeseen events. Saylor also suggested that Bitcoin may offer resilience amid such hidden risks.
Thus, despite the general decline in global markets, MicroStrategy's stock exhibits a strong rise due to confidence from its leadership and investor interest in digital assets.