CryptoQuant CEO: MicroStrategy Bitcoin Liquidates at Just $16,500
Ki Young Ju, founder and CEO of CryptoQuant, wrote on the X platform that the probability of MicroStrategy going bankrupt is extremely low. Bitcoin has never fallen below the cost base for long-term holders in 15 years, which is currently around $30,000. MicroStrategy's debt is $7 billion, while its bitcoin holdings are worth $46 billion. Based on bitcoin holdings alone, its liquidation price is $16,500.