MICHAEL SAYLOR'S BITCOIN STRATEGY ISN'T THREATENED BY A BTC CRASH — IT'S THREATENED BY CASH FLOW.
Strategy holds 843,706 BTC, nearly 4% of Bitcoin's total supply, with none of it pledged as collateral. The real risk isn't liquidation. It's liquidity.
Annual obligations now exceed $1.7B, while cash reserves have reportedly fallen to $871M. At the same time, dividend pressure is increasing and billions in convertible note repayments are approaching over the next few years.
The first warning sign may have already appeared: Strategy sold 32 BTC in May, its first Bitcoin sale in four years.
The key question isn't whether Bitcoin survives. It's whether the financial structure built around it can withstand mounting cash obligations.
Do you still believe the Saylor method is unstoppable?$BTC
$ETH
$BNB
#Bitcoin #BTC #MicroStrategy #CryptoNews #USIranTensionsTriggerCryptoLiquidations
Strategy holds 843,706 BTC, nearly 4% of Bitcoin's total supply, with none of it pledged as collateral. The real risk isn't liquidation. It's liquidity.
Annual obligations now exceed $1.7B, while cash reserves have reportedly fallen to $871M. At the same time, dividend pressure is increasing and billions in convertible note repayments are approaching over the next few years.
The first warning sign may have already appeared: Strategy sold 32 BTC in May, its first Bitcoin sale in four years.
The key question isn't whether Bitcoin survives. It's whether the financial structure built around it can withstand mounting cash obligations.
Do you still believe the Saylor method is unstoppable?$BTC
$ETH
$BNB
#Bitcoin #BTC #MicroStrategy #CryptoNews #USIranTensionsTriggerCryptoLiquidations