Bitcoin drops another 10%, will Saylor be forced to cut losses?
The price of Bitcoin has fallen below $75,000 today, getting closer to MicroStrategy's average price of $67,485.
If BTC drops another 10%, MSTR may face huge unrealized losses, and Saylor's 'all-in faith position' may come under pressure.
Analyst Doctor Profit has issued a warning:
The current margin of safety is very thin, and with just a little more volatility, the market could breach this large whale's risk control line, triggering a chain reaction of panic.
MSTR holds $4 billion in BTC; if faith cannot hold up and they become forced sellers, the splash will not be small.
The question arises:
Can Saylor hold on until the end, or will the market teach him a lesson?
What do you think – is he a true believer, or a high-leverage gambler?