$MSTR, the stock of MicroStrategy, experienced significant volatility on November 13, 2024. The stock opened at $383 but ended the day down 8%, following a trading range of 17%. Earlier in the session, $MSTR had reached an intraday record high. This decline occurred amidst a broader market downturn, with Bitcoin ($BTC) dropping 4% and Coinbase ($COIN) falling 15%. The market capitalization of MicroStrategy is estimated to be between $70 billion and $80 billion. Analysts noted that there was no specific news driving the stock's movement, attributing the fluctuations to the swings in Bitcoin's price.