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Bitcoin miner Strategy can withstand a drop to $30,000 BTC without selling holdings, says BTC.TOP CEO.

Market News
09 Jun 2026
Coindesk
View Source
Neutral
pluang ai news

Jiang Zhuoer, CEO of China's BTC.TOP mining pool, stated that Strategy can survive a bitcoin price drop to $30,000 without needing to sell its bitcoin holdings. He argued that speculation about Strategy selling 45,000 BTC to meet obligations is overblown, noting the Fidelity wallet involved also holds assets for ETFs. Strategy's debt is low, about 5% of assets, rising to 10% even if BTC falls to $30,000, allowing it to maintain a net buyer position. Strategy funds dividends by selling older bitcoins but continues buying new ones, supporting its long-term bitcoin accumulation strategy despite market fluctuations.

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