MicroStrategy Affirms Solvency at $8K Bitcoin – Saylor Plans Bond Equitization

MicroStrategy founder Michael Saylor reiterated the company’s plan to equitize $6 billion in convertible bonds over the next several years. In a post on X, Saylor confirmed the strategy, which aims to strengthen the firm’s balance sheet by converting debt into equity. The firm holds 714,644 BTC and maintains it would remain solvent even if Bitcoin’s price fell to $8,000. Saylor continues to emphasize MicroStrategy’s commitment to its Bitcoin accumulation approach despite unrealized losses.

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