MicroStrategy's Strong Bitcoin Position Shields Against Bankruptcy

12/17/2024 6:28:45 AM

According to Ki Young Ju, MicroStrategy's financial stability is robust, with Bitcoin holdings valued at $46 billion against a $7 billion debt. The company would only face bankruptcy in an extreme scenario, such as an asteroid impact. Historically, Bitcoin has not fallen below the $30,000 cost basis of long-term investors, and MicroStrategy's liquidation price is set at $16,500, indicating a strong buffer against market downturns. (Source)

Bitcoin BTC MicroStrategy Ki Young Ju MSTR

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