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TechFlow, Dec 17 — CryptoQuant CEO Ki Young Ju posted that MicroStrategy currently holds $46 billion worth of Bitcoin, with only $7 billion in debt. The liquidation price, calculated based on its Bitcoin holdings, stands at $16,500. Bitcoin has never fallen below the cost basis of long-term holders in the past 15 years (currently around $30,000). Unless an extreme event such as an asteroid impact occurs, MicroStrategy will not go bankrupt.
CryptoQuant CEO Ki Young Ju posted that MicroStrategy currently holds $46 billion worth of Bitcoin, with only $7 billion in debt. Based on its Bitcoin holdings, the liquidation price is calculated at $16,500. Bitcoin has never fallen below long-term holders' cost basis (currently around $30,000) over the past 15 years, and unless an extreme event such as an asteroid hitting Earth occurs, MicroStrategy will not go bankrupt.
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