Willy Woo Dismisses Bitcoin Liquidation Risk for Strategy in Future Bear Market ⋆ ZyCrypto
The post Willy Woo Dismisses Bitcoin Liquidation Risk for Strategy in Future Bear Market ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.
Advertisement     Crypto analyst Willy Woo downplayed the chances of Michael Saylor’s Strategy offloading its Bitcoin (BTC) stash to cover debts. This comes on the back of increased speculations for an incoming bear market as macro headwinds persist. Strategy Will Survive Next Bear Market In a recent X post, Woo explained that Strategy does not need to see its crypto during the next significant bearish phase. The highly anticipated bear market could see several crypto treasury firms reposition their holdings to limit losses. Woo believes Strategy is safe due to the Bitcoin price growth over the previous months and the company’s MSTR stock price. The company’s debt includes both convertible notes and is expected to settle with stocks, cash, or both. In the unlikely event of a stinging market downturn, Bitcoin treasuries could offload assets to pay debts. Strategy’s debt will total $1.01 billion in Sept 2027, and its stock price must trade above $183.19 to stall Bitcoin sales. This scenario is possible as the Bitcoin price directly impacts crypto stocks. These are companies whose prices fluctuate alongside the market, often due to large holdings or community connections. As the largest corporate crypto holder, Strategy’s purchases have triggered a bullish trend, and broader market trends have also impacted its stock price. Advertisement   To avoid selling its Bitcoin, the top crypto has to stay above $91,502 per coin, assuming a multiple net asset value of 1. At press time, BTC trades at $101,651, still hit by tightening price corrections. Still, a drop below the liquidation mark is unlikely following wins recorded this year. The Bitcoin price smashed multiple all-time highs, eventually moving past $125,000, while several analysts tipped a massive end-of-year surge. Meanwhile, both Ark Invest’s Cathie Wood and Coinbase’s Brian Armstrong project the Bitcoin price to top…