Re: 21 Capital: A Bitcoin Native Company

Quote from: arwin100 on Today at 10:37:02 AM

Quote from: Synchronice on Today at 09:06:06 AM

Didn't MicroStrategy face a liquidation risk in 2022 when Bitcoin sharply fall? It was very close to liquidation if I remember correctly but I might be wrong because I didn't pay too much attention to this fact.

Nearly since they experience losses before due to market downturns https://coinpedia.org/news/will-microstrategy-liquidate-its-bitcoin-holdings-if-btc-price-drops-to-12k/

Many people thought that they get dissolve when that situation occurs, but Microstrategy manage to survive and their belief on Bitcoin bring them on where they are right now. if this situation happen to other company for sure they already file a bankruptcy. So let see if 21 Capital could also do what Microstrategy done and they have the same level of belief and understanding since if they don't know how to handle well the situation maybe they are the first one will get dissolve.

I think this is the mayor hurle for 21 Capital.

Currently i see two weakness in 21 Capital:

Higher entry price in Bitcoin: the market can test the "pain level" of 21 Capital, much quicker and easily than Strategy's one. They will eventually do that. Bear in mind the 85K level.
Commitment: Saylor said he would never sell any bitcoin and would take his stash to his grave. 21 Capital is a sum of different players; hence, agendas could diverge sooner or later.