What Happens if BTC Drops to $50,000?
Key Takeaways Strategy’s $64B Bitcoin wager faces existential strain at $50,000 per coin. Preferred dividends hit $800M yearly whereas money reserves preserve shrinking quick. Forced Bitcoin gross sales would take away the market’s largest institutional demand driver. Strategy holds 847,363 BTC as of June 22, value $50 billion+ at present costs, acquired for a complete…