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<p class="is-style-lead">MicroStrategy shares have risen 320% in 2023, but according to one researcher a slow down could be imminent. </p> 
<p>The price of <a href="https://crypto.news/tag/MicroStrategy/">MicroStrategy</a> shares could fall by 20% or more according to experts at 10x Research. In their opinion, the position is overvalued by 26% based on conclusions they gleaned from a regression model that allows one to trace the correlation between MicroStrategy and Bitcoin (<a href="https://crypto.news/price/bitcoin/">BTC</a>).</p> 
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   <p lang="en" dir="ltr">Stock of Bitcoin's Biggest Public Holder is Overvalued by 26%, Analyst Who Predicted BTC Rally Says. Early investors in MSTR can consider taking profit as shares appear overvalued and could fall by 20%, according to 10x Research.<br> <a href="https://t.co/fOyBbJGJCL" target="_blank">https://t.co/fOyBbJGJCL</a><a href="https://twitter.com/godbole17?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@godbole17</a> <a href="https://twitter.com/thielen10x?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@thielen10x</a>…</p>— 10x Research (@10x_Research) <a href="https://twitter.com/10x_Research/status/1740277903202603414?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">December 28, 2023</a>
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<p>Since the start of 2023, MicroStrategy’s stock price has risen from $141 to $670.71. In the last month alone, MicroStrategy’s stock price has increased by more than 32%. Over the year, the <a href="https://crypto.news/microstrategys-btc-investment-yields-over-300-investor-gain-in-2023/">increase</a> was 319.19%, according to TradingView.</p> 
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 <img loading="lazy" decoding="async" width="1024" height="387" src="https://crypto.news/app/uploads/2023/12/Screenshot-2023-12-28-at-14.21.47-1024x387.png" alt="Expert calls MicroStrategy shares overvalued, predicts price correction - 17" class="wp-image-14232210">
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<p>After purchasing an additional 14,620 BTC in 2023, the company’s unrealized profit <a href="https://crypto.news/microstrategy-apes-593m-into-bitcoin/">reached</a> $2.2 billion. Since the beginning of the year, Bitcoin has risen in price by 160%, reaching multi-month highs. The excitement is primarily associated with the anticipation of the possible approval of spot Bitcoin <a href="https://crypto.news/tag/etf/">ETFs</a> and the halving, an event that systematically reduces the supply of Bitcoin available to miners. </p> 
<p> You might also like: <a href="https://crypto.news/microstrategy-adds-620m-bitcoin-to-massive-btc-stash/"> MicroStrategy adds $620m Bitcoin to massive BTC stash </a> </p>

Expert calls MicroStrategy shares overvalued, predicts price correction

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