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ZEC $1,242.81 +9.35%
BTC $79,388.08 +1.05%
ETH $2,507.42 +0.82%
BNB $756.74 +0.12%
XRP $1.43 +2.70%
SOL $104.20 +0.67%
TRX $0.3389 +0.17%
DOGE $0.0906 +0.96%
ADA $0.2201 +0.36%
BCH $259.14 +1.09%
LINK $12.42 -2.25%
HYPE $86.48 +2.97%
AAVE $129.54 -1.20%
SUI $0.8178 -0.43%
XLM $0.1888 -1.02%
ZEC $1,242.81 +9.35%

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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