According to Decrypt, the stock price of Strategy (formerly MicroStrategy) plummeted by over 11% on Tuesday, raising concerns in the market that its Bitcoin holdings may face forced liquidation. Strategy holds approximately 499000 BTC worth approximately $44.4 billion, accounting for 2.3% of the circulating supply. However, Kobeissi Letter analysts believe that the liquidation risk is "extremely low" due to its convertible bond structure and equity financing capability. Strategy raises funds through zero coupon convertible bonds (such as $2 billion bonds due in 2030), with a total debt of $8.2 billion and maturity dates mostly after 2028. Unless a "black swan" event occurs or Bitcoin falls to $33000 and remains sluggish for a long time, the possibility of liquidation is unlikely. http://(wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=38558