Strategy: Even if BTC drops to its $74,000 holding cost, its BTC assets would still be 5.9 times those of convertible bonds.
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Jinse Finance reported that bitcoin treasury company Strategy stated: "If the price of bitcoin drops to our average holding cost of $74,000, our asset coverage ratio for convertible debt would still reach 5.9 times, which we refer to as the 'BTC Rating' of our debt. If the price of bitcoin falls to $25,000, this ratio would decrease to 2.0 times."
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