Against the background of the company's recent publication of the Quarterly balance Microstrategy, some analysts began to predict the collapse of bitcoin. The thing is that the company's debt obligations have a high coefficient. And the company will cover them at the expense of bitcoins. Accordingly, if the bitcoin exchange rate falls, then you will have to sell more and more bitcoins. And all this will lead to the "drain" of the main cryptocurrency and we expect a price of $ 10,000 per bitcoin.

The company's balance sheet can be viewed here.

The head of Microstrategy claims that there is nothing to be afraid of, that they have enough bitcoins to cover all debts, but first they have a sufficient financial cushion to pay interest on loans. And the collapse of the company will come at a price of $ 3,500 per bitcoin.

Indeed, if you look at the company's balance sheet for the previous quarters, we see that the situation was the same before, the debt ratio was just as high. But panic began to sow only recently. Perhaps this is just an informational stuffing of whales, so that against the background of panic to buy another volume of bitcoin.

And how do you feel about such a statement?

However, considering the balance sheet of the company, I had a question. And I will be very grateful if they give me an answer to it.

So, according to the head of Microstrategy, the company has 129,218 bitcoins. At the moment, at a price of $ 30,000 for bitcoin, they should have capital in the amount of $ 3876540000 or $ 3.87 billion. Bitcoin is an intangible asset. The company's balance sheet for the 1st quarter of 2022 shows the amount of intangible assets in the amount of $ 2895.62 million. Even at a price of $ 30,000 per bitcoin, it turns out that they have about 96520 bitcoins on their balance ... and where are more than 32,000 bitcoins?