MicroStrategy Shares Surge Rapidly

Analysts at BitMEX Research have reported that MicroStrategy's shares reached a historic high of $242.20. The rise began in August 2020 when the company adopted a strategy of buying bitcoins.

Now, the question of liquidating bitcoin reserves arises. Experts believe this would be beneficial for shareholders if the price of BTC drops to $15,000, but this is unlikely.

MicroStrategy is using debt capital through bonds to acquire bitcoins. With a market capitalization of $43 billion, the company is not required to sell off reserves, as its total debt is under $4.24 billion.

If bitcoin continues to rise, the value of MicroStrategy shares will also increase. A decline in BTC to $60,000 would not significantly impact the company, analysts noted. Founder Michael Saylor emphasizes that increasing reserves enhances scarcity and the value of BTC in the market.