MicroStrategy Inc.(NASDAQ:MSTR) stock has seemingly diverged with respect to the movement inBitcoin(CRYPTO: BTC) prices, this trend has been pronounced since the company started issuing more 0% convertible notes in November.

What Happened:MicroStrategy has fallen by 20.34% month-to-date about five times more than the Bitcoin prices, which was down just 4.34% in the same period.

According to an X post by the Kobeissi Letter, the gap between the two assets is widening.

MicroStrategy is the only publicly listed company holding the highest Bitcoin BTC/USD reserves, representing 2.116% of the total 21 million supply, at a cost of $41.11 billion...