Strategy Faces Potential $1.9B BTC Liquidation by 2028

A prominent crypto analyst, Kaleo, has warned that Strategy may need to sell over 50,000 BTC by 2028 to cover its costs.

The analysis centers on Strategy's perpetual preferred stock, trading under the ticker STRC, which has fallen to $82.50, a price well below its par value of $100.

Kaleo drew a comparison between Strategy and FTX, highlighting the danger of corporate structures that rely heavily on continuous Bitcoin purchases funded by investor capital.