Rate doesn't matter. When price drops below ACB, you're insolvent. How far it drop below depicts how aggressively your creditors come after you.
Discussion
They will come and take his collateral, ie the banks obtain their walled-garden bitcoin and Saylor is the biggest patsy of them all. I can see that.
Yes. He's only alive as long as the price stays up. If he was a good trader (which he isn't), he'd sell high and wipe those loans. All of this would go away. He won't though. He's got that buy-only megalomaniac itch.
We're going to know in the next 3-6 weeks if BTC has topped at $74k. If it has, the 2yr target price is $12-16k.
This will create much stress for MSTR's $35k ACB. Let's see how the next month and a half go first though.
You are pretty bearish on price, especially right after a halving and another inflation crisis on the horizon
My track record from LI. Go audit yourself. I called the Nov 2022 bottom within $500. Ignore my words at your own peril.
This is not a call, YET. Confirmation is still completing. But 65% likely that top is in. We'll know in 3-6 weeks.
No inflation crisis. Macro top forming in all markets (stocks, silver, gold, etc).
2 year target $12-$16k ?
That’s wild man. You completely lost me here! That's not even bearish that's outrageous 😂😂😂