Strategy states that even if BTC drops to its average cost price of $74,000, its BTC assets will still be 5.9 times that of convertible bonds
Strategy posted on platform X: "If the price of Bitcoin falls to our average cost price of $74,000, we still have assets equivalent to 5.9 times our convertible debt, which we refer to as the Bitcoin rating of the debt. If the price of Bitcoin falls to $25,000, that ratio would be 2 times."
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