BlockBeats 消息，11 月 5 日，加密分析师 Willy Woo 发文分析“Strategy 是否会在下一次熊市中遭到清算”，其列出了 Strategy 的债务到期日期、债务金额、MSTR 股票价格阈值（防止清算）以及等效 BTC 价格（假设 mNAV 为 1）。Strategy 的债务主要由可转换优先票据构成，可选择以现金、普通股或两者结合的方式偿还到期的转换债务。Strategy 公司有约 10.1 亿美元的债务将于 2027 年 9 月 15 日到期。为了避免需要出售比特币比特币来偿还债务，Strategy 那时股票交易价格必须高于 183.19 美元，大致相当于比特币价格 91,502 美元左右。
Willy Woo 补充道，在假设的 2028 年减半牛市中，如果 BTC 未足够上涨，反而可能出现部分清算风险，但熊市清算可能性较低，除非极端持续下跌。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.