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📊 NOW: CryptoQuant CEO stated that MicroStrategy faces bankruptcy only in the event of an asteroid strike, as #Bitcoin…
📊 NOW: CryptoQuant CEO stated that MicroStrategy faces bankruptcy only in the event of an asteroid strike, as #Bitcoin has never traded below the average purchase price of long-term investors, currently around $30,000.
With $7 billion in debt and $BTC holdings valued at $4.6 billion, liquidation would only occur if Bitcoin drops to $16,500.
@Cointelegraph