MicroStrategy says it can repay $6B debt even if BTC hits $8K

MicroStrategy (MSTR) announced on its official X account that it can fully repay its $6 billion debt even if Bitcoin's price falls to $8,000. The company explained that it holds approximately $49.3 billion in BTC, valued at a price of $69,000 per coin, and has structured its loans with maturities extending to 2032 to prevent immediate liquidation risks. MicroStrategy CEO Phong Le noted that any potential drop to $8,000 would likely occur over several years, providing ample time to respond through restructuring or raising additional capital. However, some in the industry view MicroStrategy's statement as only partially true. BeInCrypto reported that financial pressure on MSTR would intensify sharply if BTC falls below $8,000. The outlet suggested that a drop to the $7,000 level could trigger calls for additional collateral or partial repayments, while a price below $6,000 would place the company in a state of practical bankruptcy. A fall below $5,000 could potentially trigger a cascading sell-off across the entire market. Separately, MicroStrategy founder Michael Saylor mentioned that the company plans to convert its convertible notes into stock within the next three to six years.