CryptoQuant CEO: MicroStrategy's bankruptcy probability is extremely low, and its BTC liquidation price is only $16,500.

BlockBeats news, on December 17th, Ki Young Ju, the founder and CEO of CryptoQuant, posted on X platform, 'The probability of MicroStrategy going bankrupt is extremely low. BTC has never fallen below the long-term holder's cost basis in the past 15 years, which is currently around $30,000. MicroStrategy has a debt of $7 billion and its BTC holdings are valued at $46 billion. Based on BTC holdings alone, the liquidation price would be $16,500.'

BTC1.72%
X1.98%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)