Why Michael Saylor Won’t Go Bankrupt Even If Bitcoin Falls To $74,000 – Strategy (NASDAQ:MSTR)

Fears that a drop in Bitcoin (CRYPTO: BTC) to $74,000 would push Michael Saylor’s Strategy (NASDAQ:MSTR) toward bankruptcy are largely misplaced, according to fresh analysis.

What Happened: In a recent post on X, market commentator Bull Theory pointed out that Strategy now functions primarily as a Bitcoin treasury company.

It holds about 672,497 BTC, valued near $58.7 billion at current prices, against roughly $8.24 billion in total debt.

Even if Bitcoin fell to $74,000, those holdings would still be worth about $49.8 billion, well above the company’s liabilities.

Forced Liquidation Fears Misunderstand Strategy’s Debt Structure

Strategy does not use margin loans, its Bitcoin is not pledged…

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Prenetics Stops Buying Bitcoin, Pivots Money To Health Brand

Prenetics Global Limited said it has ended its bitcoin purchasing program and will redirect its capital and strategic focus entirely toward IM8, its fast-growing consumer health and longevity brand co-founded with David Beckham.

The Nasdaq-listed health sciences company said it ceased daily bitcoin purchases on Dec. 4, following approval from its board of directors, and will not pursue future acquisitions of the cryptocurrency. 

Prenetics will retain its existing holdings of 510 bitcoin as a treasury reserve asset but has committed not to allocate any new or existing capital toward expanding that position.

The move marks a clear shift away from a strategy the company adopted…

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The old story of investing in new technology

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“It gives women a feeling of freedom and self-reliance. I stand and rejoice every time I see a woman ride by on a wheel.”

— Susan B. Anthony on bicycles

The 1880s saw bicycle riders shift from sitting directly — and precariously — above the comically giant front wheel of a Victorian penny-farthing to the far safer position between the two normal-sized wheels of a modern bicycle.

The change was enabled by the innovation of chains that transferred pedal power to a bicycle’s rear wheel, leaving the front wheel just for steering. Further innovations like diamond-shaped frames,…

Read more on Blockworks

Metaplanet Bought $451 Million On 4,279 Bitcoin In Q4

Metaplanet added 4,279 bitcoin during the fourth quarter of this year, spending about $451 million and lifting its total holdings to 35,102 BTC, the company said Tuesday.

The purchase reinforces the Tokyo-listed firm’s position as one of the largest corporate bitcoin holders in Asia and the fourth largest among publicly traded companies globally.

The bitcoin was acquired at an average price of $105,412 per coin, according to the company. Metaplanet has now spent roughly $3.78 billion accumulating bitcoin at an average cost of about $107,600. 

The firm has set an ambitious target of owning 210,000 BTC by the end of 2027, a goal that implies continued reliance on capital…

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Do XRP’s 16,000 Active Addresses Justify The $115B Market Cap? No Way, Says Mike Novogratz

Mike Novogratz warns the16,703 active addresses holding XRP (CRYPTO: XRP) can’t justify its $115 billion market cap, but social media chatter is nevertheless debating major institutional accumulation.

What Happened: Galaxy Digital (TSX:GLXY) founder and CEO Mike Novogratz challenged XRP and Cardano (CRYPTO: ADA) to demonstrate genuine utility beyond loyal communities as the cryptocurrency market matures from hype-driven narratives to fundamentals-focused assets.

“Can Ripple hold it together? Can Cardano hold it together?” Novogratz said during a conversation with Galaxy’s Head of Research Alex Thorn on Friday.

He highlighted that while XRP and Cardano boast resilient fan bases,…

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FASB’s Crypto Accounting Focus In 2026: A Turning Point For Institutional Adoption? – Grayscale Bitcoin Mini Trust (BTC) (ARCA:BTC)

The Financial Accounting Standards Board is tackling cryptocurrency accounting challenges that have plagued institutional investors for years. Two major digital asset projects on its 2026 technical agenda could finally deliver the clarity mainstream financial institutions have been demanding.

A New Era Of Transparency Began In 2024

The accounting profession’s approach to digital assets underwent a major transformation when FASB released Accounting Standards Update 2023-08 back in December 2023. Taking effect for fiscal years starting after December 15, 2024, this guidance introduced fair value measurement requirements for cryptocurrency holdings, with valuation adjustments hitting the…

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Bitcoin May Have Had A Bumpy Ride In 2025, But Long-Term Patterns Show Apex Crypto’s Resilience, Strength Against Major Assets

Alt: Bitcoin Saw Turbulence Through 2025, But Long-Term Trends Point to Resilience, Outperformance Versus Key Assets

Bitcoin (CRYPTO: BTC) is poised to close the year lower (unless there’s a miracle), as bullish momentum faded into bearish dread in the last quarter of 2025. Yet, on zooming out, the leading cryptocurrency’s growth trajectory appears impressively strong.​

Bitcoin’s 2025 Plunge

Bitcoin’s 2025 journey has been like a roller coaster, with its price tumbling from an October peak of $126,000 to a low of $80,000 and currently consolidating in the $86,000-$90,000 range.

The apex cryptocurrency erased all of its 2025 gains in the latest meltdown, and currently trades more…

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‘Asia’s MSTR’ Metaplanet Buys $451M In Bitcoin, But Its Chart Spells Danger

Metaplanet Inc.(OTC:MTPLF) acquired 4,279 BTC for $451 million in Q4 at an average price of $105,412 per Bitcoin (CRYPTO: BTC) as the stock sits at the critical $2.5 price point.

Fourth-Largest Public Bitcoin Holder By Volume

The Tokyo-listed company now holds 35,102 BTC acquired for $3.78 billion at an average purchase price of $107,607, making it the fourth-largest publicly traded Bitcoin holder behind Strategy Inc. (NASDAQ:MSTR), Marathon Digital Holdings (NASDAQ:MARA), and Riot Platforms (NASDAQ:RIOT).

Metaplanet achieved BTC Yield of 568.2% year-to-date in 2025 and targets owning 210,000 BTC by the end of 2027—currently worth approximately $18.5 billion at current prices.

The…

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Andreessen Horowitz’s Web3 Arm Says Privacy-Focused Chains Will Be ‘Most Important Moat’ In Crypto

Venture capital firm Andreessen Horowitz emphasized Monday the growing importance of privacy in the cryptocurrency sector, suggesting it could be a key differentiator in the future.

Privacy To Shape Crypto Dominance?

a16z crypto, the Web3 arm of the venture firm, posted on X, “Privacy will be the most important moat in crypto,” reiterating a point from their earlier report on exciting blockchain trends for 2026.

The narrative by Ali Yahya, General Partner at Andreessen Horowitz, stressed that, unlike public blockchains, where users can easily transact with others regardless of the chain, private blockchains create a “winner-take-most” dynamic.

“When users are on private…

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