MSTR Tanks Late Friday? Why? for MopBots :D (Patreon)

MSTR got promoted from Russell 2000 to the Russell 1000

MSTR experienced a dip on June 28, 2024, which could be attributed to the Russell index rebalancing. As MSTR moves from the Russell 2000 to the Russell 1000, there might have been some selling pressure from funds that track the Russell 2000, which is larger than the funds that track the Russell 1000. This could have temporarily affected MSTR's stock price, but the overall trend remains positive.

Fun Fact - During the Bear you could have bought one whole bitcoin for just $12,000 that was when the price of microstrategy fell to $160 bucks. NOTE BTC only fell as low as $15,500.