Saylor: BTC Could Drop to $5K — Strategy Would Still Be Fine
Michael Saylor says that even if Bitcoin falls to $5,000, Strategy would still remain overcollateralized against its debt.
Strategy currently holds around 842,000 BTC. Saylor also said that most of the roughly $65B raised for its Bitcoin strategy came through equity and preferred instruments rather than traditional debt.
The key point is that Strategy believes its balance sheet could withstand an extreme Bitcoin downturn.
But if $BTC
actually fell to $5K, would Strategy’s risk really remain manageable?
#Bitcoin #BTC #Strategy #cryptouniverseofficial
Michael Saylor says that even if Bitcoin falls to $5,000, Strategy would still remain overcollateralized against its debt.
Strategy currently holds around 842,000 BTC. Saylor also said that most of the roughly $65B raised for its Bitcoin strategy came through equity and preferred instruments rather than traditional debt.
The key point is that Strategy believes its balance sheet could withstand an extreme Bitcoin downturn.
But if $BTC
actually fell to $5K, would Strategy’s risk really remain manageable?
#Bitcoin #BTC #Strategy #cryptouniverseofficial
