Strategy (MSTR) executive reveals Bitcoin price at which the company could go under
Strategy (NASDAQ: MSTR) would only face existential risk if Bitcoin (BTC) were to crash to roughly $8,000 and remain there for years, according to comments made by CEO Phong Le during the company’s latest earnings call. The disclosure comes amid sharp volatility across crypto-linked stocks, after Bitcoin plunged more than 20% in a week and MSTR shares suffered a steep, 17.12% single-day sell-off. Its impact was, however, evident already in the extended session as Strategy stock rallied 7 source: https://finbold.com/strategy-mstr-executive-reveals-bitcoin-price-at-which-the-company-could-go-under/
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