MICHAEL SAYLOR SPEAKS ABOUT MICROSTRATEGY'S DEBT RISKS Michael Saylor said he wasn't concerned about MicroStrategy's credit risk even if Bitcoin fell 90% in the next four years, as the company could simply Capital and extend its debt. He also said that banks would continue to lend to MicroStrategy, because, in his opinion, Bitcoin's volatility ensures its long-term value. Currently, MicroStrategy holds approximately 714,644 BTC with a value of around $49 billion, while its total debt is over $8 billion. Saylor stated that the company has enough cash to cover dividends and debt obligations for the next 2.5 years without needing to sell BTC. PS. Currently, MicroStrategy has a fairly solid balance sheet, with approximately $49 billion in assets compared to $8 billion in debt, so it doesn't face credit risk. However, if Bitcoin enters a prolonged downturn lasting more than three years, the company will likely have to Capital its debt. Whether the Capital is successful will determine whether they can continue to hold all of BTC . If credit conditions tighten, the company may be forced to sell some of BTC to repay debt. In a worst-case scenario, if Bitcoin falls to around $8,000, MicroStrategy's BTC holding strategy will need to be re-evaluated.