🪙 The CEO of CryptoQuant stated that
MicroStrategy would only face bankruptcy if an asteroid hit the Earth, as Bitcoin has never traded below the average purchase price of long-term investors. Currently, this level stands at approximately $30 000.
With MicroStrategy's debt at $7 billion, the value of their BTC holdings is estimated at $46 billion.
Even if we consider only the value of the company's coins, liquidation would occur only if Bitcoin's price dropped to $16 500.
@DeCenterOrg