Stock price has retraced 40%, does MicroStrategy, the spokesperson for BTC in the US stock market, have the risk of a crash? 🤔🤔🤔🤔
Today, the spokesperson for the US stock market, MicroStrategy, dropped 5% in pre-market trading. Recently, the stock price has retraced 40%, and as of December, it has held 130,000 BTC, which is a terrifying number. The funds for MicroStrategy's Bitcoin purchases come from two sources: 1. Equity financing + bond financing. 2. Company profits (which account for a small portion). As soon as they get the money, they start buying without regard for price. In fact, it can be seen that most of the money MicroStrategy currently holds in Bitcoin is not their own; part of this money needs to be repaid (due in 2032), and part has become equity that does not need to be repaid. Therefore, from the perspective of the capital structure, the short-term risk is not significant. The cost basis for holding Bitcoin was over $30,000, and with the recent buying spree, only when the price drops below $60,000 will there be a risk of a crash. Although there has been a 10% decline in price recently, it is still safe compared to the $60,000 price, so I judge that the probability of a short-term crash is extremely low.
Just as I finished typing, the pre-market drop expanded to 6%, even Tesla, the one-and-only king, fell by 5%. Let's see if there will be a miracle tonight!!!
As for the next layout direction, I will guide everyone to aim for the lucrative opportunities in altcoins, especially those projects with great potential, where an expected growth of over 10 times is not a problem. If you want to make big money in a bull market, like and leave a comment, and I will take you to layout the entire bull market! $BNB $SOL $BTC #萨尔瓦多将“加速”增持BTC #比特币战略储备 #加密市场盘整 #市场调整後的机会?