Recently, everyone’s asking again: Will MicroStrategy collapse? BTC holdings: Around 847,000 coins Debt situation: Convertible bonds of about $6.7 billion Cash reserves: Around $1 billion, enough to cover over six months of interest and dividend payments The main pressure from convertible bond maturity is between 2027-2029. Recently, its stock price dropped to 94, quite a bit off-anchor, but at most, this affects its financing. Worst case, it can sell BTC to repay debt, so the probability of collapse is very low.