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Opinion: MicroStrategy can survive 80% drop in Bitcoin price

--・Verified Binance official account

AI Summary

MicroStrategy can withstand an 80% drop in the price of Bitcoin, as the value of its assets would need to fall below its liabilities of $18,826 to render it insolvent.

According to Odaily Planet Daily, capital consultant Jeff Walton analyzed that the price of Bitcoin needs to fall to $18,826 for MicroStrategy's asset value to be lower than its liabilities. This means that MicroStrategy can survive an 80% plunge in BTC prices.

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BTC

1,00,677.78

+2.75%

Opinion: MicroStrategy can survive 80% drop in Bitcoin price

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