Analysts voice concerns that MicroStrategy, the largest corporate holder of Bitcoin (BTC), may be sitting on a financial time bomb that could ripple through the entire crypto market. With over 597,000 BTC, equivalent to 3% of Bitcoin’s total supply, the business intelligence company-turned-Bitcoin proxy now poses what some call “crypto’s biggest liquidation risk. ” MicroStrategy’s $71 Billion Bitcoin Bet Raises Systemic Risk Concerns Bitcoin hit another all-time high (ATH) on Sunday, steadily edging towards the $120,000 threshold. This time, however, the surge comes amid institutional interest rather than retail buying momentum
source: https://beincrypto.com/microstrategy-bitcoin-risk-liquidation-cascade/