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MSTR currently has approximately $8.5 billion in debt (including preferred stock and convertible bonds), most of which is unsecured. This means that even if BTC drops to $1, creditors have no right to directly liquidate the company's Bitcoin holdings. The company currently has about 2.5 years' worth of cash reserves set aside for paying interest and dividends. As long as it can make interest and dividend payments on time, MSTR theoretically does not need to be forced to sell its coins and exit the market.