CryptoQuant CEO: The bankruptcy probability of MicroStrategy is extremely low, and its Bitcoin liquidation price is only $16,500

2024-12-17 15:01:05
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ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on the X platform that 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 its Bitcoin holdings, its liquidation price is $16,500.

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