PANews February 6 News, according to Cointelegraph, Maksim Balashevich, founder of Santiment, stated in an interview that if the Bitcoin market experiences its biggest bull run catalyst, it may require Michael Saylor’s Strategy to face liquidation. He believes that extreme negative events like the FTX collapse often signal the formation of a market bottom, and as a giant holding approximately 772,000 Bitcoins (about 3.7% of the total Bitcoin supply), Strategy’s potential trouble would send a strong bottoming signal. Although Strategy’s debt maturities are mainly concentrated between the end of 2027 and 2032, with no urgent selling pressure in the short term, Balashevich speculates that if the market continues to deteriorate, shareholder pressure could force the company to adjust its holdings.
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Santiment Founder: The liquidation of Strategy will be the biggest bullish catalyst for Bitcoin
PANews February 6 News, according to Cointelegraph, Maksim Balashevich, founder of Santiment, stated in an interview that if the Bitcoin market experiences its biggest bull run catalyst, it may require Michael Saylor’s Strategy to face liquidation. He believes that extreme negative events like the FTX collapse often signal the formation of a market bottom, and as a giant holding approximately 772,000 Bitcoins (about 3.7% of the total Bitcoin supply), Strategy’s potential trouble would send a strong bottoming signal. Although Strategy’s debt maturities are mainly concentrated between the end of 2027 and 2032, with no urgent selling pressure in the short term, Balashevich speculates that if the market continues to deteriorate, shareholder pressure could force the company to adjust its holdings.