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

2024-12-17 07:03:15

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.'

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