星球日报|Nov 21, 2025 11:54
[CryptoQuant CEO: Strategy Will Only Go Bankrupt If an Asteroid Hits Earth]
Odaily Planet Daily News – CryptoQuant founder and CEO Ki Young Ju posted on the X platform, stating that Strategy will only go bankrupt if an asteroid hits Earth. He added that Michael Saylor selling Bitcoin would require evidence; otherwise, it’s nonsense. Unless approved by Strategy’s shareholders, Michael Saylor will not sell Bitcoin. He has repeatedly made this clear, as selling even 1 BTC would damage the company’s reputation and trigger a 'death spiral' for both Bitcoin and Strategy.
Ki Young Ju further explained that failing to convert debt on time does not equate to liquidation. Strategy has multiple ways to address this issue, such as refinancing, issuing new notes, obtaining secured loans, using operating cash flow, issuing new shares to pay dividends, or leveraging Bitcoin as collateral to raise funds. Therefore, there is no real risk of liquidation or bankruptcy.
He concluded by stating that even if Bitcoin’s price drops to $10,000, Strategy will not go bankrupt but will instead undergo debt restructuring—nothing more.
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