Part 11/13:
From a technical standpoint, Strategy can meet its debt obligations in the near term, especially if Bitcoin's price recovers. Its debt structure includes high-yield preferred shares with non-defaulting dividend payment rights and convertible notes with limited immediate cash flow obligations. However, these safeguards do not eliminate the risk; they merely delay the inevitable if Bitcoin's value doesn't stabilize or recover.
Should Investors Panic?
Investors should remain cautious. The hype, especially the stories of market manipulation, often borders on speculation. Due diligence suggests that many of the fears are exaggerated or unfounded, but the risk profile of these companies has clearly changed with the market downturn.