Could A Bitcoin Drop To $74,000 Spell Bankruptcy For Strategy? Top Analysts Respond
Bitcoin (BTC) has seen a slight recovery, edging back above the $89,000 mark as it attempts to break through the $90,000 resistance level. Nonetheless, concerns loom over further downward moves, raising worries about the risks this trend poses to firms like Strategy (formerly MicroStrategy). At the time of writing, Bitcoin was trading at $89,200, having recorded slight gains of 1.5% over the previous 24 hours. Strategy’s stock (MSTR) is trading at $157 per share, mirroring BTC’s surge with gains of 1.25% in the same time frame. Featured image from DALL-E, chart from TradingView.com About Author
