Bitcoin Crash To $30,000? China Mining Giant Says Strategy Can Survive
Jiang Zhuoer, CEO of BTCTOP, pushed back against fears that Strategy could become a major forced seller of Bitcoin.
➤ BTCTOP CEO Jiang Zhuoer argues that MicroStrategy's (Strategy) strategy can withstand a significant Bitcoin price drop, refuting fears of forced selling. ➤ The core of the strategy relies on Bitcoin's long-term appreciation to cover STRC funding costs, with selective sales of older, low-cost Bitcoin used to demonstrate gains and pay interest. ➤ Concerns remain about the credibility of Strategy's financing structure to traditional investors, with a real estate analogy used to illustrate the importance of demonstrating willingness to monetize assets.

















