BlockBeats news, December 17, CryptoQuant Founder and CEO Ki Young Ju posted on X platform stating, 'The probability of MicroStrategy going bankrupt is extremely low. For 15 years, Bitcoin has never fallen below the cost basis of long-term holders, which is currently around $30,000. MicroStrategy's debt is $7 billion, while the value of its Bitcoin holdings is $46 billion. Based solely on Bitcoin holdings, its liquidation price is $16,500.'
See original
CryptoQuant CEO: The probability of MicroStrategy going bankrupt is extremely low, with its Bitcoin liquidation price at only $16,500
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
107,035.67
+0.43%
Replies 0
