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MicroStrategy, which continues to regularly buy Bitcoin (BTC), speaks with its BTC strategy. 
While some praise MicroStrategy’s BTC strategy, others say it could even lead the company into bankruptcy. 
At this point, Ki Young Ju X, CEO of on-chain data platform CryptoQuant, wrote on his account that the probability of MicroStrategy going bankrupt is extremely low and difficult. 
<blockquote> 
 “MicroStrategy would only go bankrupt if an asteroid hit Earth. 
 For 15 years, Bitcoin has never fallen below the long-term whales’ base cost average, which currently stands at $30,000. 
 MSTR debt is $7 billion and BTC assets are worth $46 billion. Based on BTC alone, its liquid price is $16.5k. 
 Bitcoin has never fallen below its long-term holders' cost basis in the last 15 years, currently around $30,000. MicroStrategy has $7 billion in debt and $46 billion in Bitcoin assets. If we look at Bitcoin assets alone, the liquidation price would be $16,500.” 
</blockquote> 
As is known, MicroStrategy founder Michael Saylor, who is known for his endless support for Bitcoin, states in almost all of his statements that they will continue to buy Bitcoin and will continue to buy even if the BTC price rises. 
Related News: <a href="https://en.bitcoinsistemi.com/just-in-microstrategy-bought-bitcoin-btc-again-michael-saylor-explained/" target="_blank" rel="dofollow">JUST IN! MicroStrategy Bought Bitcoin (BTC) Again! Michael Saylor Explained!</a> 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/will-bitcoin-btc-drive-microstrategy-into-bankruptcy-cryptoquant-ceo-explains/">Will Bitcoin (BTC) Drive MicroStrategy into Bankruptcy? CryptoQuant CEO Explains!</a>

Will Bitcoin (BTC) Drive MicroStrategy into Bankruptcy? CryptoQuant CEO Explains!

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