According to Cointelegraph, MicroStrategy (MSTR) stock has risen 546% this year, reaching a market value of $99.4 billion. The 439,000 BTC it holds is the main reason.

If the Bitcoin price reaches $138,000, MicroStrategy's market value will surpass that of Starbucks and Nike. Every time the Bitcoin price fluctuates by $1,000, the MSTR market value changes by about $440 million.

MicroStrategy's net asset value is approximately $40 billion, with a fully diluted market value of $114 billion. Its debt is $7 billion, while the value of BTC held is about $47 billion.

CryptoQuant CEO Ki-Young Ju stated that MicroStrategy will not go bankrupt unless a natural disaster occurs.