BiyaPay Analyst: MSTR MicroStrategy Bankruptcy Price Increases Year by Year

According to Deep Tide TechFlow news, on December 2, Tiger Research's latest report estimates that the static bankruptcy threshold for Strategy (MSTR) is expected to be around $23,000 per BTC in 2025, a significant increase from $12,000 in 2023; the real high-risk window is in 2028: if refinancing fails, under the scenario of Bitcoin being around $90,000, the company may need to sell approximately 71,000 BTC, which is equivalent to 20%-30% of the daily Spot Trading Volume, causing significant selling pressure on the market.

BiyaPay analysts believe that the Strategy is currently not “immediately going to explode,” but high leverage combined with concentrated debt maturities makes 2028 a “systemic risk point” that must be focused on in the medium to long-term trend of Bitcoin. Ordinary investors should avoid over-leveraging a single DAT asset when trading MSTR, U.S. stocks, and Bitcoin through BiyaPay with USDT, control positions and cycles, and be wary of forward refinancing risks being traded ahead of the market.