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BTC $64,422.68 +0.26%
ETH $1,913.04 +0.38%
BNB $603.53 -0.13%
XRP $0.9979 -0.21%
SOL $76.86 +1.32%
TRX $0.3323 +0.41%
DOGE $0.0699 -0.40%
ADA $0.1737 -0.12%
BCH $202.67 -0.94%
LINK $9.50 +0.11%
HYPE $58.69 -1.27%
AAVE $87.35 -1.86%
SUI $0.6529 -3.11%
XLM $0.1544 -1.74%
ZEC $504.94 -1.87%

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

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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