š Bitcoin's rollercoaster ride might dip below $20k, but MicroStrategy's not sweating it! Research by Jeff Walton shows the firm can handle an 80% BTC nosedive, only feeling the burn if BTC hits $18k. With BTC/USD up 40% in November, CEO Michael Saylor's treasury strategy seems solid. Critics call it risky, but Walton argues the math is on MicroStrategy's side. Meanwhile, institutional demand is "absolutely insane," with 13.5% of Bitcoin now held by big players. Charles Edwards predicts the real FOMO kicks in post $100k. Buckle up, Bitcoin's just getting started!
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