CryptoNeutralNewsBTC · 4d ago7/10
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Bitcoin Crash To $30,000? China Mining Giant Says Strategy Can Survive
Jiang Zhuoer, a prominent Chinese Bitcoin mining CEO, argues that MicroStrategy can survive a Bitcoin crash to $30,000 despite concerns about its Bitcoin-backed financing model. He contends the company's 5% debt-to-asset ratio remains manageable and that strategic sales of early, low-cost Bitcoin holdings can demonstrate accounting gains to support STRC interest payments while maintaining net buyer status.
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