Strategy has stated that even if Bitcoin's price drops to their average acquisition cost of $74,000, the company's Bitcoin holdings would still be 5.9 times the value of its convertible bonds. This assertion was made on the X platform, highlighting the firm's confidence in its Bitcoin debt rating. Furthermore, if Bitcoin's price were to fall to $25,000, the asset-to-debt ratio would still remain at 2.0 times, underscoring the company's robust financial positioning despite potential market volatility.
Strategy Asserts Strong Bitcoin Asset Position Amid Price Fluctuations
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
