Strategy: balance sheet risk only if BTC hits 8,000

Strategy CEO Phong Le said that Bitcoin would need to fall to 8,000 and stay there for 5 6 years before Strategy faces real problems servicing its convertible debt.
The company reported a 12.6B net loss in Q4, driven mainly by unrealized BTC losses under mark-to-market accounting. Still, management emphasized a long-term strategy and sufficient resilience to handle prolonged volatility.