According to Deep Tide TechFlow news on December 3rd, as reported by Cointelegraph, capital advisor Jeff Walton's latest research shows that even if the price of Bitcoin plummets 80% to below $20,000, MicroStrategy's Bitcoin investment strategy remains robust. The data indicates that only when the price of Bitcoin falls to $18,826 will the company's assets be lower than its liabilities.
Charles Edwards, founder of quantitative fund Capriole Investments, pointed out that institutional demand for Bitcoin is experiencing explosive growth, currently showing three significant characteristics: First, MicroStrategy continues to raise billions of dollars weekly to purchase Bitcoin; second, mining company MARA is undergoing a $1 billion financing, planning to increase its Bitcoin holdings by 30%; third, the amount of Bitcoin held by institutions and ETFs has reached 13.5% of the total circulating supply and is growing exponentially.
Edwards further predicts that the current trend of institutions adopting Bitcoin is still in its early stages. He believes that once the price of Bitcoin breaks the $100,000 barrier, it will trigger a larger-scale market rally.
