In their latest publication in the Kobeissi Letter, analysts stated that the drop in bitcoin's price will not significantly affect the company's reserves volumes. Despite current market fluctuations, the company continues to hold more than 499,000 bitcoins on its balance sheet, which is approximately $43.7 billion at the current rate.
The average purchase price of bitcoin for Strategy was around $66,000, and the corporate strategy of accumulating cryptocurrency through convertible bonds has allowed the company to maintain strict control over its debt obligations. Meanwhile, the acquisition of large batches of bitcoins supports its price growth, which contributes to strengthening financial reserves.
Currently, the company's debt amounts to $8.2 billion, but liquid reserves in bitcoins amounting to $43.7 billion significantly exceed this sum. Moreover, most of the company's debt obligations are scheduled for repayment no earlier than 2027, which reduces the risk of short-term liquidation of reserves.
Analysts are confident that as long as the market price of bitcoin does not fall below the average level and remains there for an extended period, the company's shareholders can expect stability and profits from their assets.
Additionally, Strategy previously informed the U.S. Securities and Exchange Commission (SEC) about the acquisition of 20,365 bitcoins worth $1.99 billion during the period from February 18 to 23. The average purchase price was $97,414 per coin.