Strategy Company Faces Liquidity Risk Due to Bitcoin Strategy

🔍 The business intelligence company Strategy is experiencing financial difficulties as it considers selling a massive amount of Bitcoin to meet debt obligations. Known for its strong Bitcoin buying strategy, the company may have to abandon the commitment of "never selling BTC" made by founder Michael Saylor if market conditions continue to worsen.

💼 Strategy has accumulated 528,185 BTC at an average price of $67,458, with a total value of $40.119 billion. However, the sharp decline in Bitcoin prices has resulted in an unrealized loss of nearly $6 billion in the first quarter of 2025. The company is under financial pressure due to over $8 billion in debt and a lack of cash flow from its software segment.