Rumors have spread across the market about the difficult situation facing the $Gemini crypto exchange. Social media and industry chat rooms are actively discussing the company's possible financial difficulties and internal problems.
The FUD was triggered by reports of layoffs, changes in strategy, and a decline in activity in certain areas. There have been no official statements about a critical situation yet.
Strategy stated that even if the price of $BTC falls to $8,000, the company will still have sufficient assets to fully cover its outstanding debt obligations.
Michael Saylor said that the company plans to convert its convertible debt into equity over the next 3-6 years