Strategy CEO “No risk of company liquidation even if BTC crashes 98%”

Michael Saylor, founder of Strategy (formerly MicroStrategy), said in an interview with UBlockchain that even if BTC crashed by 98%, Strategy would not face the risk of liquidation. “I don't agree (that Strategy's average buy price for BTC in the future could exceed $150,000, which would put the company at risk),” he said. We currently hold between $45 billion and $50 billion in BTC, with only $3 billion in debt. Moreover, our debt is secured by our assets, so the value of BTC we hold is actually 15x our debt. In addition, our bonds have a maturity of more than four years, so if BTC were to crash to $1 tomorrow, we wouldn't have a problem.”