Strategy won’t face Bitcoin liquidation in the next bear market: Willy Woo
Crypto analyst Willy Woo says it would need to be “one hell of a sustained bear market” to force Strategy to liquidate any of its Bitcoin.
Michael Saylor’s Strategy (MSTR) won’t have to sell off part of its Bitcoin stash to cover its debt in the next significant crypto market downturn, according to Bitcoin analyst Willy Woo.
“MSTR liquidation in the next bear market? I doubt it,” Willy Woo said in an X post on Wednesday.
Strategy’s debt consists mainly of convertible senior notes. Strategy is set to settle its conversions as they fall due by paying either cash, common stock, or a combination of both, at its election.
