🚨 STRATEGY CEO: "BITCOIN AT $8K FOR 5 YEARS? STILL NO PROBLEM" 🚨
Michael Saylor's Strategy (formerly MicroStrategy) just dropped a BOLD statement on X:
"Strategy can withstand a drawdown in $BTC price to $8K and still have sufficient assets to fully cover our debt."
📊 THE MATH:
💰 BTC Holdings: 714,644 BTC (3.4% of total supply)
💵 Current Value: ~$49.3 billion at $69K BTC
📉 Net Debt: ~$6.0 billion
🛡️ Coverage Ratio: 8.3x at current prices
Extreme Scenario:
If BTC crashes 88% to $8,000 → Holdings drop to $6 billion → Exactly matches debt (1.0x coverage)
🗣️ WHAT CEO PHONG LE SAID:
"If Bitcoin price was $8,000 and sit there for five years up until 2032... that's the point where we'd consider whether we need to sell Bitcoin."
Translation: Even 5 years of $8K BTC is the TRIGGER, not today's dip.
🔄 THE PLAN:
Saylor confirms: Convertible debt → Equity over 3-6 years. No new senior debt. No selling Bitcoin.
"We're not going to be selling, we're going to be buying Bitcoin. I expect we'll be buying Bitcoin every quarter forever." – Michael Saylor
⚠️ THE CRITICS:
🔸 Peter Schiff: "Would anyone take Bitcoin seriously at $8,000?"
🔸 Anton Golub: Calls equity conversion a "dump on retail investors" (share dilution)
🔸 Reality Check: At $8K BTC, Strategy sits on $48.6B unrealized loss
📉 CURRENT STATE:
🔹 BTC Price: ~$68,400 (down 2.2%)
🔹 MSTR Stock: $133.88 (up 8.8% Friday)
🔹 Unrealized Loss: ~10% (avg buy: $76,000)
🔹 Q4 Loss: $12.6 billion reported
👇 YOUR TAKE:
Would YOU still believe in Bitcoin at $8,000? Do like and Follow for more.
#bitcoin #StrategicTrading #MSTR #MichaelSaylor