CryptoQuant CEO: MicroStrategy will only go bankrupt if an asteroid hits the Earth.

PANews reported on November 21 that Ki Young Ju, founder and CEO of CryptoQuant, stated on the X platform that MicroStrategy will only go bankrupt if an asteroid hits the Earth, and that Michael Saylor's selling of Bitcoin needs to be backed by evidence, otherwise it is nonsense. Michael Saylor will not sell Bitcoin unless MicroStrategy shareholders approve it, and he has made this clear multiple times, as selling even 1 BTC would impact the company's reputation and trigger a “death spiral” for Bitcoin and MicroStrategy. Ki Young Ju added that failing to convert debts on time does not equate to being liquidated. MicroStrategy has various ways to resolve this issue, such as refinancing, issuing new notes, obtaining secured loans, or using operating cash flow. They could also issue new shares to pay dividends or mortgage Bitcoin to raise funds, so there is no real risk of liquidation or bankruptcy. He finally pointed out that even if the price of Bitcoin drops to $10,000, MicroStrategy will not go bankrupt, but will instead undergo debt restructuring, and that's all.