Bitwise Chief Investment Officer: Strategy does not pose a risk of liquidation and liquidation

On July 2, Matt Hougan, chief investment officer of Bitwise, issued a document stating that judging from the existing data, Strategy does not pose a risk of liquidation and liquidation. The liquidation conspiracy theory circulating in the market is completely inconsistent with financial estimates. Strategy has total current assets of US$52 billion and total debt of only US$7 billion. Bitcoin prices need to plummet more than 70% and remain low for a long time to endanger the survival of companies. Bears believe that the US$15 billion pressure on preferred stock redemption is a long-term suppression, but Strategy has the right to suspend preferred stock dividends in extreme circumstances.