MicroStrategy's Financial Stability Tied to Bitcoin's Long-Term Performance
MicroStrategy CEO Phong Le has expressed confidence in the company's financial stability, highlighting that its balance sheet remains strong unless Bitcoin's price drops to $8,000 and stays at that level for 5 to 6 years. According to NS3.AI, in such a prolonged downturn scenario, the company might need to consider restructuring or issuing equity or debt to maintain operations. This perspective emphasizes MicroStrategy's current financial health while recognizing potential long-term risks associated with Bitcoin's price fluctuations.
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