If you didn't buy Bitcoin at $40,000...

[Ekco]

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As of February 2026,
MicroStrategy (now Strategy) faces no immediate margin call or liquidation risk from Bitcoin price drops, even if prices fall extremely low, because their holdings are not pledged as collateral against margin loans. Despite their average purchase price being around $76,052 as of early February 2026, the company uses corporate capital and long-term debt

i thought their situation was more dire than this, who knows