🚨 Michael Saylor’s Strategy just revealed something bold.

Even if #Bitcoin crashes 88% — all the way down to $8,000 — the company claims it would still have enough assets to fully cover its debt.

Here’s the breakdown 👇

📊 At ~$69K BTC:
• $BTC reserves valued around $49.3B
• Net debt roughly $6B
• That’s about 8.3x asset coverage

📉 Extreme stress test — BTC at $8K (-88%)
• #BTC reserves would drop to around $6B
• Net debt still about $6B
• Coverage ratio: 1.0x

In simple terms:
Even in a catastrophic collapse similar to past bear markets, Strategy says it could still meet its obligations.

They also highlighted:
• Convertible debt maturities are staggered between 2027–2032
• Plan is to gradually convert debt into equity over time
• Avoiding additional senior secured debt

Saylor's conviction is strong! 💪

Not just “Bitcoin is going up.”
But “We’ve structured the balance sheet to survive if it doesn’t.”