Michael Saylor-Led Strategy Unlikely To Get Liquidated In Next Bitcoin Bear Market, Says Popular Analyst, But Foresees Issues In 2028

Benzinga_recent_news

11/05

Cryptocurrency analyst Willy Woo expressed doubt Monday that Strategy Inc. (NASDAQ:MSTR) would get liquidated in the next Bitcoin (CRYPTO: BTC) bear market, citing its outstanding convertible debt ...

网页链接

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2581746723"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2581746723\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2581746723?lang=zh_TW&edition=fundamental","thumbnail":"https://cdn.benzinga.com/files/images/story/2025/11/05/MicroStrategy-Stock-Jump.jpeg?optimize=medium&dpr=2&auto=webp&width=120","is_english":true,"pubTime":"2025-11-05 16:07","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2581746723","market":"us","top_or_hot":-1,"title":"Michael Saylor-Led Strategy Unlikely To Get Liquidated In Next Bitcoin Bear Market, Says Popular Analyst, But Foresees Issues In 2028","media":"Benzinga_recent_news","content":"<div>\n<p>Cryptocurrency analyst Willy Woo expressed doubt Monday that Strategy Inc. (NASDAQ:MSTR) would get liquidated in the next Bitcoin (CRYPTO: BTC) bear market, citing its outstanding convertible debt ...</p>\n\n<a href=\"https://www.benzinga.com/crypto/cryptocurrency/25/11/48646007/michael-saylor-led-strategy-unlikely-to-get-liquidated-in-next-bitcoin-bear-market-says-popular-analyst-but-foresees-issues-in-2028\">网页链接</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Michael Saylor-Led Strategy Unlikely To Get Liquidated In Next Bitcoin Bear Market, Says Popular Analyst, But Foresees Issues In 2028</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMichael Saylor-Led Strategy Unlikely To Get Liquidated In Next Bitcoin Bear Market, Says Popular Analyst, But Foresees Issues In 2028\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Benzinga_recent_news</strong><span class=\"h-time small\">2025-11-05 16:07</span>\n</p>\n</h4>\n</header>\n<article>\n<div>\n<p>Cryptocurrency analyst Willy Woo expressed doubt Monday that Strategy Inc. (NASDAQ:MSTR) would get liquidated in the next Bitcoin (CRYPTO: BTC) bear market, citing its outstanding convertible debt ...</p>\n\n<a href=\"https://www.benzinga.com/crypto/cryptocurrency/25/11/48646007/michael-saylor-led-strategy-unlikely-to-get-liquidated-in-next-bitcoin-bear-market-says-popular-analyst-but-foresees-issues-in-2028\">网页链接</a>\n\n</div>\n\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://www.benzinga.com/crypto/cryptocurrency/25/11/48646007/michael-saylor-led-strategy-unlikely-to-get-liquidated-in-next-bitcoin-bear-market-says-popular-analyst-but-foresees-issues-in-2028\">Benzinga_recent_news</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4539","symbol_name":"次新股","start_time":0,"source_url":"https://www.benzinga.com/crypto/cryptocurrency/25/11/48646007/michael-saylor-led-strategy-unlikely-to-get-liquidated-in-next-bitcoin-bear-market-says-popular-analyst-but-foresees-issues-in-2028","article_id":"2581746723","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/11/05/MicroStrategy-Stock-Jump.jpeg?optimize=medium&dpr=2&auto=webp&width=120"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/crypto/cryptocurrency/25/11/48646007/michael-saylor-led-strategy-unlikely-to-get-liquidated-in-next-bitcoin-bear-market-says-popular-analyst-but-foresees-issues-in-2028","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2581746723","pubTimestamp":1762330020,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Cryptocurrency analyst Willy Woo expressed doubt Monday that Strategy Inc.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4539":"次新股","BK4023":"应用软件","BPOP":"大众银行","BK4554":"元宇宙及AR概念","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC","LU0106831901.USD":"贝莱德世界金融基金A2","BK4585":"ETF&股票定投概念","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","STRK":"MICROSTRATEGY 8.00% SERIES A PERPETUAL STRIKE PFD","BK4211":"区域性银行","BK4516":"特朗普概念","BK4535":"淡马锡持仓","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4596":"哈里斯概念","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","LU1861217088.USD":"贝莱德金融科技A2","MSTR":"Strategy","BK4600":"加密货币概念","BK4588":"碎股","BK4112":"金融交易所和数据","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","BK4594":"比特币ETF概念","BK4601":"加密货币现货ETF","BK4595":"比特币概念","BK4551":"寇图资本持仓"},"translate_title":"受欢迎的分析师表示，Michael Saylor领导的策略不太可能在下一次比特币熊市中被清算，但预计2028年会出现问题","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MSTR":1,"STRK":0.6,"BPOP":1.5},"content_text":"Cryptocurrency analyst Willy Woo expressed doubt Monday that Strategy Inc. (NASDAQ:MSTR) would get liquidated in the next Bitcoin (CRYPTO: BTC) bear market, citing its outstanding convertible debt obligations.\nWoo took to X, highlighting a table with key upcoming dates and thresholds that could impact the company’s balance sheet, stock price and BTC holdings if triggered.\n「The Holders Put Right Date」 refers to the date when the bondholder has the right to sell the bond back to Strategy and 「Debt」 refers to the principal amount of the convertible notes at the risk of being put back.\n「Conversion Threshold」 is the per share price above which bondholders would likely prefer to convert their debt into MSTR shares instead of selling it back. The 「Equivalent BTC Price」 is the price of Bitcoin at which MSTR  stock stays above the conversion threshold, assuming that the multiple to net asset value, or mNAV, is equal to 1.\nThe earliest put date is September 15, 2027, when a BTC price of $91,502 would make conversion to equity viable, shielding MSTR from partial liquidation. On the other hand, the apex cryptocurrency would need to increase by 2X-3X from its current levels to avoid liquidation pressure in 2028.\n「MSTR liquidation in the next bear market? I doubt it,」 Woo stated. 「Ironically, there’s a chance of a partial liquidation if BTC doesn’t climb in value fast enough in an assumed 2028 bull market.」\nSeveral X users pointed out that this is contingent on the debt not being refinanced.\nSee Also: MicroStrategy Falls Short Of Investment Grade In First S&P Global Credit Ranking\nStrategy has aggressively used financial instruments at its disposal to fund its Bitcoin accumulation strategy, currently carrying more than $8 billion in debt. \nMichael Saylor, Strategy’s co-founder, said earlier this year that the company’s capital structure was smooth due to a pivot to the perpetual preferred stock strategy, asserting that it could endure an 80% drawdown and remain resilient even in a bear market.\nStrategy reported mixed third-quarter financials, with profits falling short of analyst estimates but revenue exceeding projections. The firm disclosed holding 641,205 BTC, worth over $70 billion, on its books, strengthening its position as the world’s largest cryptocurrency treasury.\nPrice Action: At the time of writing, BTC was exchanging hands at $101,914.06, down 2.41% in the last 24 hours, according to data from Benzinga Pro.\nStrategy shares fell 0.49% in after-hours trading after closing 6.68% lower at $246.99 during Tuesday's regular trading session.\nThe stock demonstrated a low growth score — a measure of the stock’s combined historical expansion in earnings and revenue across multiple periods. How does it compare with Coinbase Global Inc. (NASDAQ:COIN) and other cryptocurrency-linked stocks? Visit Benzinga Edge Stock Rankings to find out.\nRead Next: \nPhoto courtesy: PJ McDonnell / Shutterstock.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}