Michael Saylor: Even though bitcoin fell to $5,000 Strategy's debt remained above the mark. Bet

On August 6th, Michael Saylor, the founder of Strategy (formerly micro-strategy), recently responded publicly to market debt concerns, saying that even if the price of bitcoin fell to $5,000 per item, the company’s overall financial position was completely safe against the existing debt being over-collateralized. At the same time, Saylor disclosed that the company had so far accumulated some $65 billion in funds for the purchase of bitcoin, the bulk of which was not debt financing, and that the debt exposure as a whole was manageable. Strategy, the world ' s largest holding company listed in bitcoin, has been stowing bitcoin over time through a variety of forms of financing, including equity, debt transfer, and priority