Strategy says it can survive even if bitcoin drops to $8,000 and will 'equitize' debt
The strategy asserts that it has the resilience to withstand a significant decline in the value of Bitcoin, potentially falling as low as $8,000. In order to manage its financial obligations during difficult market conditions, the strategy plans to convert its debt into equity, effectively transforming its liabilities into ownership shares. This approach aims to stabilize the company’s financial position while allowing it to navigate through challenging economic circumstances without facing insolvency.
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