MicroStrategy shares plummet 12% as Bitcoin price plunges

As Bitcoin (BTC) fell more than 5% at one point and collapsed below the $91,000 mark, MicroStrategy, the company with the largest Bitcoin holdings in the world, also fell by 12%.
On the 26th (local time) on the New York Stock Exchange, MicroStrategy recorded a price of $353.69 (approximately JPY 54,000), a sharp drop of 12.33% from the previous trading day.
This is because Bitcoin is falling sharply. At this time, Bitcoin was down 1.10% from 24 hours ago on CoinMarketCap, a global coin price relay site.
However, around 6 a.m. on the same day, Bitcoin plummeted by about 5%, plummeting to $90,770, and also collapsing the $91,000 mark.
Bitcoin is falling sharply as investors are realizing large profits as $100,000 acts as a strong resistance level.
MicroStrategy announced that it had bought 55,000 BTC the previous day, bringing the total Bitcoin held by the company to 1,000,000.
The total has now increased to 386,700 BTC, which is equivalent to 2% of the total amount in circulation.