MicroStrategy's Bitcoin holdings are under scrutiny as the cryptocurrency market experiences a downturn, with Bitcoin prices dropping below $90,000. The company's stock has fallen 43% year-to-date, and its market capitalization has dipped below the value of its Bitcoin holdings for the first time. Despite these challenges, CEO Michael Saylor remains committed to the company's Bitcoin strategy, emphasizing continued BTC purchases and ruling out any immediate sales. Analysts believe MicroStrategy is unlikely to sell its Bitcoin holdings unless prices fall below $50,000 for a prolonged period. The company's financial position remains stable, with Bitcoin prices still above its average acquisition costs and no significant debt repayment obligations until 2027.