Barion Pixel

Which risk would worry you more for a leveraged bitcoin company like Strategy?

The company must cover $1.76 billion a year in obligations, according to an analysis mostly through fresh capital raises, not bitcoin sales.

  • A sudden crash in the bitcoin price — that could bring the whole thing down
  • Drying up of capital market financing — if it can't raise new capital, it's in trouble
  • Neither — I think the model has held up fine so far
  • Both equally — I think they're connected