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Strategy analysts allow bitcoin to fall to $ 8000
Strategy said it remains financially stable despite the sharp drop in bitcoin BTC $65,555.04 Mezo Wrapped BTC -7.91% Market capitalization $37.32 million VOL. 24 hours $8.43 billion , which has fallen by almost 9% over the past day and is trading at around $ 64,833. During the presentation of the fourth quarter financial results, the management emphasized that short-term volatility does not pose critical risks to the company’s balance sheet and its ability to service its debt obligations.
The firm’s CEO Phong Le explained that the real threat could arise only in an extreme scenario — if bitcoin falls to $ 8,000 and remains at this level for five to six years. In this case, the company would have to consider restructuring, an additional share issue, or raising new debt to repay convertible liabilities.
At the end of the quarter, Strategy, the largest corporate owner of bitcoin, recorded a net loss of $ 12.6 billion. The main reason for this was unrealized losses due to the asset’s price falling below the average cost of acquisition. Chief Financial Officer Andrew Kang emphasized that this was a revaluation at the end of the quarter, and the company itself adheres to a long-term strategy even in an unstable market environment.
Сейлор" href="https:>Michael Saylor, Chairman of the Board of Directors, urged not to overestimate the importance of short-term fluctuations. He emphasized that the company’s strategy is designed for a long horizon and is able to withstand both volatility and sharp market downturns. Despite the fall of the crypto market, Strategy’s shares (MSTR) fell by 17.12% to $ 106.9 over the day and lost about 72% over the past six months, Saylor drew attention to positive fundamental factors, including regulatory changes in the United States.
The risks of quantum computing were also discussed during the call. Sailor called these concerns part of the FUD wave and noted that a real threat could arise no earlier than ten years from now. He emphasized that Bitcoin can be updated, and work on quantum-resistant protocols is already underway. To coordinate these efforts, Strategy has announced the launch of the Bitcoin Security program in cooperation with international cybersecurity and cryptography communities.
