MicroStrategy's stock (MSTR) plummeted 11% to $157 on December 2, 2025, as investors reacted to potential Bitcoin sales and market volatility. CEO Phong Le suggested the company might consider selling Bitcoin if the stock price falls below its net asset value or if raising capital becomes challenging. The stock has declined 40% over the past month, with its market capitalization now trailing the $55 billion value of its Bitcoin holdings. This downturn reflects growing investor unease about the company's financial strategy and the broader cryptocurrency market conditions.