MicroStrategy Only Goes Bankrupt If This Happens, Says CryptoQuant CEO

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Bitcoinist 14h ago

MicroStrategy Only Goes Bankrupt If This Happens, Says CryptoQuant CEO - Bitcoinist

Quick Summary:

In a statement on X, Ki Young Ju, CEO of CryptoQuant, a leading on-chain analytics firm, provided a stark assessment of MicroStrategy’s financial health in relation to its Bitcoin investments.

Ju stated, “MicroStrategy only goes bankrupt if an asteroid hits Earth.

Based on BTC alone, the liq price is $16.5K.” He further simplified his analysis by urging, “I know calculating the liquidation price seems pointless at this point, but man, just try to keep it simple”.