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Strategy: Even if BTC falls to its $74,000 holding cost, its BTC assets are still 5.9 times that of convertible bonds

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2025-11-26 03:31:29
Strategy, a bitcoin treasury, wrote: "If the bitcoin price fell to our average cost of holding a position of $74,000, our assets would still cover 5.9 times convertible debt, which we call the" BTC Rating "of debt. If the bitcoin price fell to $25,000, the ratio would drop to 2.0 times."
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