CryptoQuant founder reveals the Bitcoin price that could trigger a liquidation event for MicroStrategy in an attempt to dismiss concerns.
Business intelligence firm MicroStrategy, led by Michael Saylor, remains one of Bitcoin’s most prominent institutional investors. The company has consistently increased its Bitcoin holdings, despite the potential risks tied to such aggressive accumulation.
MicroStrategy’s Bitcoin Liquidation Price
While the firm has seen massive gains, some critics like Peter Schiff have expressed concerns over these financial risks. Ki Young Ju, the founder of CryptoQuant, recently highlighted the Bitcoin market conditions that could trigger MicroStrategy’s liquidation.
MicroStrategy only goes bankrupt if…
