Analysts: Strategy shares fell more than 11% in early trading on Tuesday, but forced liquidation is less likely
According to Internet reports, Decrpt reported that according to analysis by The Kobeissi Letter, although Strategy's share price fell more than 11% in early trading on Tuesday, the market is worried about its possible forced liquidation of Bitcoin, but due to structural guarantees, this situation is less likely to occur. Strategy mainly raises funds through convertible bonds, such as the US$2 billion zero-coupon bond due in 2030, with an initial conversion price of US$433.43 per share, allowing it to obtain capital without immediately diluting shareholders 'equity. As of now, Strategy holds approximately 499,096 BTC units worth approximately US$44.4 billion, while its US$8.2 billion debt is highly dependent on Bitcoin performance.
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