Strategy Can Fully Cover $6 Billion In Debt if Bitcoin Drops 90%, But What Happens Below That Line?

Strategy (MicroStrategy) today asserted it can fully cover its $6 billion debt even if Bitcoin falls 88% to $8,000. However, the bigger question is what happens if the Bitcoin price falls below that line?

The company’s post highlights its $49.3 billion Bitcoin reserves (at $69,000/BTC) and staggered convertible note maturities running through 2032, designed to avoid immediate liquidation.

Strategy Reiterates What Happens If Bitcoin Price Drops to $8,000

Only days after its earnings call, Strategy has…