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via CoinDesk · By CoinDesk Staff
Bitcoin can drop to $30,000 but Strategy won't sell, BTC miner says
BTC
BTC/USDT
$63,058.48
+0.01%
$63,058.48
+0.01%
(24s)24h Volume
$2,453,339,539.23
24h H/L
$63,175.00 / $62,920.00
Change: $255.00 (0.41%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0026%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(04:55 AM UTC)
1 min read
Chinese mining CEO says Strategy can survive a $30,000 bitcoin without selling
Jiang Zhuoer of BTC.TOP called the week's sell-off speculation overblown, arguing Strategy's small debt and the design of its preferred shares let it keep buying.
Bitcoin BTC$63,275.43 can drop down to $30,000 but still won't impact Strategy's BTC plans.
That's from Jiang Zhuoer, chief executive of BTC.TOP, one of…
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