Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Strategy CEO: Bitcoin needs to drop to $8,000 and stay at that price for 5 years to threaten its debt repayment
ChainCatcher Message, Strategy CEO Phong Le stated at the Strategy Q4 Financial Results Webinar that Bitcoin needs to drop to $8,000 and stay at that level for five to six years before it poses a real threat to repaying its convertible debt. Strategy Executive Chairman Michael Saylor also dismissed concerns about quantum computing in Bitcoin, calling it “terrible FUD.”
Strategy reported a net loss of $12.6 billion for the quarter, primarily due to Bitcoin’s price falling below the company’s average acquisition cost, resulting in unrealized losses on its digital asset holdings.
Strategy CFO Andrew Kang said, “These results are clearly affected by the decline in Bitcoin’s market value at the end of the quarter, and we use a market value-based accounting approach.” However, Kang also pointed out that the company is pursuing a long-term strategy and added, “Even in the face of market volatility, we will continue to execute our established strategy.”