Strategy Must Keep Stock Above $183.19 by Sept 2027 to Avoid Bitcoin Liquidation, Analyst Says
Strategy holds approximately $1.01 billion in convertible senior notes maturing on September 15, 2027, crypto analyst Willy Woo said. To avoid selling Bitcoin holdings for debt repayment, the company's stock price must trade above $183.19 at maturity, roughly equivalent to a Bitcoin price of $91,502 assuming an mNAV of 1. Woo noted partial liquidation risk could emerge if BTC fails to rise sufficiently during a hypothetical 2028 halving bull market, though bear market liquidation remains unlikely absent extreme sustained declines.