Krutika Adani
Micheal Saylor’s Strategy warns it might be forced to sell BTC to meet debt obligations, putting its legendary “never sell” stance in jeopardy as Bitcoin dips to $76K.
With over 528,000 BTC at an average cost of $67K, Strategy is staring at a massive paper loss. The firm owes $8B in debt and $150M in yearly dividends.
Trump’s aggressive trade war strategy spooks markets. BTC plunges as traders brace for recession fears, inflation spikes, and geopolitical uncertainty.
In an SEC 8-K filing, Strategy admits it may sell BTC under loss-making conditions if it can’t secure fresh financing. Investor faith hangs by a thread.
Mike McGlone warns of a possible pullback to $10K. With Strategy’s share price halved, is this the start of a crypto reckoning or a dip worth buying?