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CryptoGlobe 2023-07-13 00:12:00

MicroStrategy Could Sell Off Bitcoin To Repay Debt if $BTC Price Plunges: Bernstein Report

Brokerage firm Bernstein has recently shed light on the precarious financial balancing act of MicroStrategy (MSTR), with the tech giant’s strategy of bolstering its coffers through long-term debt potentially prompting the liquidation of its BTC reserves, but only if the cryptocurrency experiences a significant prices drop. Bernstein’s report details that these extreme price corrections could

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