Michael Saylor Says MicroStrategy Could Endure Up to 90% Bitcoin Drop
In a CNBC interview, MicroStrategy’s Executive Chairman expressed confidence the company could withstand significant Bitcoin price declines without jeopardizing operations.
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Terms & Concepts
Bitcoin drawdown: A substantial decrease from Bitcoin’s recent peak value, often measured in percentage terms.
MicroStrategy: A publicly traded business intelligence firm known for holding large amounts of Bitcoin as part of its corporate strategy.