Wu Blockchain (@WuBlockchain): Strategy stated that even if Bitcoin drops to its average cost basis of $74,000, its BTC holdings would still cover its convertible debt by 5.9 times—…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Impact unavailable
Strategy stated that even if Bitcoin drops to its average cost basis of $74,000, its BTC holdings would still cover its convertible debt by 5.9 times—a ratio the company refers to as its “BTC Rating.” Strategy also noted that at a BTC price of $25,000, the coverage would remain at 2.0 times. Recently, Strategy was once again excluded from the S&P 500 Index. https://t.co/OnGhhemIZU