Big news in the world of Bitcoin! A company called MicroStrategy, which owns lots of Bitcoin, saw its stock price go down. This happened because the price of Bitcoin also dropped.
- Bitcoin's price fell below $90,000.
- MicroStrategy's stock price dropped by about 5%.
- It's harder now for MicroStrategy to buy more Bitcoin.
| Item | Value |
|---|---|
| Bitcoin's lowest price (Feb 25) | $87,630 |
| MicroStrategy stock drop | 5.65% |
| MicroStrategy's stock price | $282.76 |
| Ratio of MicroStrategy's market value to Bitcoin holdings | 1.6 (down from 3.4) |
Experts think Bitcoin might fall further. Think of it like this: if you had a lemonade stand and the price of lemons went down, you'd make less money. This is similar to what happened to MicroStrategy.
