According to CoinDesk, MicroStrategy's share price has fallen sharply since it announced its inclusion in the Nasdaq 100 index. It is currently down about 30% from its high on December 14. It has retreated to $300 from its peak of $543, marking a five-week decline of about 45%. Despite this, its share price is still up more than 400% in 2024, and has increased by about 20 times since it started buying bitcoin in 2020. The analysis pointed out that this correction may be the result of the breakdown of excessive optimism, in line with the cyclical phenomenon of price fluctuations in George Soros' "reflexivity theory". At the same time, MicroStrategy's bitcoin strategy, while attracting followers, has also intensified the market's attention to its future fluctuations.