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Analysts: Strategy shares fell more than 11% early on Tuesday, but there is a low possibility of forced liquidation
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4 hours ago 9,657
Golden Finance reported that according to Decrpt, according to The Kobeissi Letter analysis, although Strategy's stock price fell more than 11% in early Tuesday, the market has concerns about the forced liquidation of Bitcoin it may face, due to structural guarantees, the situation is more likely to happen. Low. Strategy mainly raises funds through convertible bonds, such as the $2 billion zero-interest bond due in 2030, with an initial conversion price of $433.43 per share, allowing it to acquire capital without immediately diluting shareholders' equity. So far, Strategy holds about 499,096 BTC worth about $44.4 billion, while its $8.2 billion debt is highly dependent on Bitcoin performance.
Keywords: Bitcoin
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