Anton_Asp

Bitcoin just dumped below Michael Saylor’s average buying price with an unrealized loss of $900 million.
Does this mean $MSTR will go bankrupt soon and start selling BTC ? No.
Let’s understand why. 👇
This is not the first time Strategy has seen Bitcoin trade below its average purchase price. In the last cycle, Strategy’s average cost was around $30,000. Bitcoin later dropped to nearly $16,000, more than 45% below their cost.
Despite that, Strategy did not sell any Bitcoin and faced no forced liquidation.
Because Strategy’s Bitcoin is not used as collateral. There are no margin calls tied to Bitcoin’s price. Their debt is primarily unsecured and most maturities are in 2028-2030, not near term. Total debt is roughly $8.24B, while their Bitcoin holdings are still worth $53.54 billion, even at current prices.
And now, Strategy has even set aside 2.5 years of cash runway to cover interest and dividend payments. This means they do not need to sell Bitcoin to meet obligations, even if BTC stays below cost for some time.
The idea that a short move below average cost triggers forced selling does not match how Strategy’s balance sheet works.
Yes, Saylor has acknowledged that if Bitcoin stays well below cost for a very long period, selling BTC could eventually be considered.
But a short term move below average cost does not change their liquidity, solvency, or ability to hold Bitcoin.

Elon Musk has once again shaken global markets with a stark warning — the United States, he says, is heading straight into a $38 trillion debt spiral that could eventually push the nation toward bankruptcy. According to Musk, the U.S. is reaching a point where nearly all tax revenue will go just to paying interest on debt, leaving little to no room for real economic growth.


He didn’t stop there. Musk linked this mounting financial crisis directly to Bitcoin, calling it the logical alternative when traditional systems start to buckle. “When people realize their money is trapped in a system that prints itself weaker, they’ll look for something that can’t be manipulated,” he suggested — and Bitcoin, by design, fits that role perfectly.


So far, markets have stayed calm on the surface. But under that calm, pressure is quietly building. Analysts say it’s only a matter of time before a spark — perhaps a credit downgrade, a bond sell-off, or another liquidity squeeze — triggers a sharp shift in sentiment. When that happens, Bitcoin could move fast, not just as a speculative asset but as a global hedge against monetary decay.


Musk’s tone didn’t sound like fear — it sounded like a warning wrapped in preparation. He’s not telling people to panic; he’s telling them to pay attention. History has shown that every time confidence in fiat systems starts to fade, capital looks for something real, something that stands outside political control.


Right now, the cracks in the system are getting louder. And if the pattern holds, those who stay alert could be the ones holding the world’s next strong asset when the rest begins to shake.

$BTC $ETH $COAI