Analysis: MicroStrategy asset value will fall below liabilities only if BTC falls to $18,826
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2024-12-03 22:03 597
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Golden Finance reported that capital consultant Jeff Walton analyzed that the price of Bitcoin needs to fall to $18,826 before the value of MicroStrategy’s assets will be lower than its liabilities. This means that MicroStrategy, a business intelligence company, can survive an 80% plunge in BTC prices. Survive. Although MicroStrategy's Bitcoin exposure is higher than ever and the company continues to buy more Bitcoin, analysis suggests that even a long-term price correction will not cause significant problems for MicroStrategy and CEO Michael Saylor . (Cointelegraph)