Benchmark remains optimistic on strategy despite stock decline and potential Bitcoin sales

Benchmark’s equity analyst Mark Palmer emphasizes that concerns about Strategy’s financial stability are unfounded, asserting that the company’s convertible debt is only at risk if Bitcoin falls below 12,700 USD.

With holdings of 650,000 BTC worth approximately 55.2 billion USD, Strategy is positioned as the largest corporate Bitcoin holder. Despite recent declines, Benchmark maintains that it is an attractive investment opportunity.