$BTC plummets, will MicroStrategy sell $BTC? This week, MicroStrategy has again interrupted its purchasing process for $BTC. The $2 billion that MicroStrategy just raised has all been used to buy Bitcoin.
The cryptocurrency market's crash has caused MicroStrategy's stock to also plummet, making financing more difficult; even the landlord's family has no surplus grain.
Some people are worried: MicroStrategy may be forced to sell Bitcoin, leading to a chain liquidation and triggering a spiral decline in Bitcoin.
This should not happen for two reasons: first, MicroStrategy has very low debt, and the maturity date for its financing bonds is in 2028, which will cross through another bull-bear cycle, giving ample time.
Secondly, the founder holds over 40% of the voting rights, effectively giving him veto power; he has just stated: he would rather sell a kidney than sell Bitcoin. #微策略