Money
Saylor says Bitcoin could drop to $5,000 and firm stays overcollateralised
Diary of a CEO
Top Bitcoin Holder: He Asked AI to Build Something That NEVER Existed, Here's What Happened!
"Bitcoin could fall to $5,000 a coin, we would still be over collateralized against the debt."
Asked how far Bitcoin would have to fall before MicroStrategy faced trouble, Saylor says the firm would remain overcollateralised even if Bitcoin traded at $5,000. He frames this as protection against claims that the company’s debt depends on perpetually rising Bitcoin prices.
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Diary of a CEO