Strategy's terrifying stress test 🧐
Strategy's terrifying stress test 🧐
Background
- Simulating a 55% Bitcoin crash to $26,611
- Examining MSTR's treasury model under the worst possible conditions
- With no new purchases and while burning through liquidity
Focus
💡 The claims ratio rose from 41.5% to 96.7%
🔥 CEBE collapsed from 138,161 to 7,884 satoshis per share
😅 The stock went from $87.64 to $1.01
Implications
🧐 A severe squeeze on common shareholders' equity
💡 Selling more than 115 thousand Bitcoin to survive
🔥 Survival with heavy losses but without a death spiral
Conclusion
Even in the worst-case scenario Strategy survives, but common shareholders face a hard road 🔥
#Strategy #MSTR #stress_test #Bitcoin
Background
- Simulating a 55% Bitcoin crash to $26,611
- Examining MSTR's treasury model under the worst possible conditions
- With no new purchases and while burning through liquidity
Focus
💡 The claims ratio rose from 41.5% to 96.7%
🔥 CEBE collapsed from 138,161 to 7,884 satoshis per share
😅 The stock went from $87.64 to $1.01
Implications
🧐 A severe squeeze on common shareholders' equity
💡 Selling more than 115 thousand Bitcoin to survive
🔥 Survival with heavy losses but without a death spiral
Conclusion
Even in the worst-case scenario Strategy survives, but common shareholders face a hard road 🔥
#Strategy #MSTR #stress_test #Bitcoin
Persian original · View this post on Telegram ↗ · Open in the archive · 💬 Discuss in the Coin_Kurd Telegram group · Educational, not financial advice.