Strategy Reports 5.9x Debt Coverage at $74,000 Bitcoin as Shares Fall Below Valuation Band

Strategy disclosed that its Bitcoin holdings provide 5.9 times coverage of convertible debt if BTC reaches $74,000, matching its average cost basis. The company's stock price dropped below a Bitcoin-based valuation floor identified by CryptoQuant, trading around $170. Total convertible obligations amount to approximately $8.21 million, with maturities spanning 2.3 to 3.5 years.