比推消息，MicroStrategy 在向美国 SEC 提交的 8-K 文件中披露，截至 2025 年 3 月 31 日，其未偿还债务总额为 82.2 亿美元，年度利息支出 3510 万美元，另需每年支付 1.462 亿美元优先股股息。由于企业软件业务未实现正向现金流，若比特币市值大幅下跌，公司可能被迫以低于成本价出售比特币以履约，违约风险上升，甚至可能被迫进入破产或清算程序。公司强调未来融资能力高度依赖其比特币资产市值与市场情绪变化。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.