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MicroStrategy Stock FallsCoinGape
•Business
Business & Economics
64% Informative
Strategy (formerly MicroStrategy ) is in the spotlight as its shares have dropped by 55% from its 60-month high of $ 473.83 .
The Kobeissi Letter analyzed why the Michael Saylor firm is not yet at risk of liquidation.
Currently, Strategy holds approximately 499,096 BTC, which it bought for $43.7 billion .
With BTC price dropping as high as low as $ 86,008.23 , after an 8% value drop, the company's ability to bet against its own shares is now limited.
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