MicroStrategy only goes bankrupt if an asteroid hits Earth.
For 15 years, #Bitcoin has never dropped below the cost basis of long-term whales, which currently stands at $30K.
$MSTR debt is $7B and its $BTC holdings are worth $46B. Based on BTC alone, the liq price is $16.5K.
$BTC futures traders are now mostly whales.
The average amount of #Bitcoin deposits to derivative exchanges from other exchanges is relatively big, a five-year high.
https://t.co/N7kJnbe06k