MicroStrategy Clarifies True Breaking Point: What Happens First in a Bitcoin Collapse

MicroStrategy (Strategy) released its Q4 2025 earnings report and, along with it, disclosed an extreme downside scenario that would begin to strain its Bitcoin treasury model. The CEO’s remarks provided rare insight into how far the market could fall before the company’s capital structure comes under serious pressure. MicroStrategy Finally Reveals What Would Be Its Breaking Point as Bitcoin Price Drops During its latest earnings discussion, MicroStrategy CEO Phong Le said that a 90% decline in Bitcoin’s ...