Strategy stated that even if Bitcoin falls to its average cost basis of $74,000, its Bitcoin holdings would still cover its $8.2 billion convertible debt by 5.9 times, a ratio the company calls its “BTC Rating.” At a Bitcoin price of $25,000, coverage would remain at 2 times. Despite this, Strategy was recently excluded again from the S&P 500 Index, adding pressure amid Bitcoin’s price drop. The company’s strong BTC backing offers reassurance to investors.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
The broader crypto market has been under pressure in recent weeks, with prices moving lower.…
The crypto market remains under pressure this week. XRP slipped below $2, shaking confidence in…
The US financial landscape witnessed good numbers on December 18 from an key 3-star news.…
In crypto markets, the strongest shifts often begin quietly. A project advances through its roadmap,…
For years, crypto investors have relied on one idea more than almost any other: the…
XRP is back in focus after a fresh signal appeared on the weekly chart. The…
