Everyone knows Michael Saylor is buying Bitcoin using some form of leverage for its company (Micro)Strategy. Sure, anyone could argue he’s selling his company’s shares to fund it, but either way, it’s a massively leveraged position clearly.
This raises an important question: What’s the threshold below which Bitcoin cannot fall without risking bankruptcy for Saylor’s company?
Under 30k. Maybe even less. They don't have much debt. More likely investors get spooked and demand they sell some bitcoin.
Yes. MSTR investors also believe in Bitcoin and they know the risks.
For now.
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Yeah... Lot of patience. I don't know how long investors are ok with that.