MicroStrategy's stock price has experienced a 50% Slump, and 650,000 BTC is facing a liquidation crisis.

YieldWhisperer

2025-12-01 17:20:19

Abstract generation in progress

[Coin World] MicroStrategy is really in trouble this time. The stock price has directly slumped over 50% from the highest point in July, falling 66%, and now the market capitalization has even fallen below the value of the pile of coins they hold for the first time.

What's even worse is that CEO Phong Le himself admitted: once the adjusted net asset value of the stock falls below 0.9 times, and if the capital market is still not performing well, they may be forced to sell coins. It's important to note that they hold 650,000 bitcoins!

What does this number mean? It accounts for more than 3% of the total Bitcoin supply. If it really comes to the day of forced liquidation, this selling pressure could create a hole in the market. Systemic risk is not to be taken lightly.

BTC2.25%

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LayerZeroJunkie

· 19h ago

Damn, 650,000 pieces can crash the entire market. Is Saylor in a gambler's mindset or has he really been pushed to the wall?

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MoonRocketTeam

· 19h ago

Wow, this is what they call "forced to hand over supplies". 650,000 BTC dumping directly burned through the atmosphere, this booster has completely run out of fuel.

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BearMarketSurvivor

· 19h ago

The supply line is cut off, and this is the beginning of failure. MSTR in this game looks like a textbook case of going all-in without setting a proper stop loss.

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